PIMCO New York Municipal Income Fund (NYSE:PNF – Get Free Report) announced a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Investors of record on Friday, April 11th will be given a dividend of 0.0335 per share on Thursday, May 1st. This represents a $0.40 annualized dividend and a yield of 5.31%. The ex-dividend date of this dividend is Friday, April 11th.
PIMCO New York Municipal Income Fund has decreased its dividend payment by an average of 7.3% annually over the last three years.
PIMCO New York Municipal Income Fund Price Performance
Shares of NYSE PNF traded up $0.07 during midday trading on Thursday, hitting $7.58. 19,844 shares of the stock traded hands, compared to its average volume of 24,107. The firm has a 50-day moving average of $7.64 and a two-hundred day moving average of $7.81. PIMCO New York Municipal Income Fund has a one year low of $7.29 and a one year high of $8.39.
PIMCO New York Municipal Income Fund Company Profile
PIMCO New York Municipal Income Fund is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. It is co-managed by Pacific Investment Management Company LLC. The fund invests in fixed income markets. It seeks to invest in stocks of companies operating across diversified sectors.
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