Dividend Information About Pimco New York Municipal Income Fund II: Everything You Need to Know Before Its Ex-Dividend Date on Oct 14, 2025

Pimco New York Municipal Income Fund II (PNI) is set to distribute a cash dividend of $0.0295 per share on Nov 3, 2025, following its ex-dividend date of Oct 14, 2025. The dividend was announced on Oct 1, 2025, marking the most recent declaration by the fund. Looking at the average of the last 10 dividend payments, which stands at $0.06018 per share, the upcoming payout appears significantly lower, indicating a potential shift in the fund’s distribution strategy or underlying performance. Investors should note that Oct 14, 2025, is the final day to purchase shares in PNI and still qualify for this dividend; any purchases made afterward will not entitle investors to the distribution. As of late, PNI continues to be a closed-end fund focused on municipal income, and its recent yield of 5.08% reflects its position in the tax-exempt bond market. Over the past week, market observers have noted a mixed performance in the broader municipal bond sector, which may influence investor sentiment and the fund’s future distribution decisions.

Recently, Pimco New York Municipal Income Fund II declared its monthly dividend, signaling continued stability in its payout schedule despite the recent decline in the amount. Analysts indicated that the fund’s focus on New York municipal bonds positions it to benefit from state-level economic conditions, though recent market volatility has led to a slight discount in the fund’s trading price. Additionally, Pimco Municipal Income Fund II (PML), a related fund, has reported a yield of 0.06045918, highlighting a broader trend of competitive but variable performance among similar municipal funds. Since the last update, PNI has also seen a modest price increase, though its premium/discount ratio remains in line with industry averages, suggesting a balanced approach to investor demand and fund management.

Pimco New York Municipal Income Fund II has consistently positioned itself as a key player in the municipal bond space, with recent reports underlining its role in offering stable income for tax-conscious investors. Over the past week, market analysts have noted that the fund’s recent performance has been influenced by broader interest rate expectations and the shifting landscape of municipal bond yields. The fund’s focus on New York municipal bonds aligns with its objective of providing tax-exempt income, though the recent drop in its dividend payout raises questions about its long-term distribution strategy. As of late, there have been no major personnel changes or structural shifts within the fund, and its management by Allianz Global Investors Fund Management LLC continues to support its core investment approach. Investors are advised to monitor any upcoming developments in municipal bond markets, as these could affect PNI’s future performance and dividend sustainability.

In conclusion, Pimco New York Municipal Income Fund II is preparing to distribute a monthly dividend of $0.0295 per share, with the ex-dividend date set for Oct 14, 2025. This date marks the last opportunity for investors to purchase shares and receive this dividend. The fund remains a key player in the municipal income space, though recent trends suggest a potential recalibration in its distribution approach. Investors should carefully consider these developments when evaluating the fund’s role in their portfolio.