PIMCO New York Municipal Income Fund II: Key Insights Before Ex-Dividend Date Aug 11, 2025

PIMCO New York Municipal Income Fund II (PNI) has announced its latest dividend details. The ex-dividend date is set for Aug 11, 2025, with the dividend payment scheduled for Sep 2, 2025, at $0.030 per share. This amount is lower compared to the average of the last ten dividends, which stands at $0.060. The previous dividend was distributed on Jul 24, 2025, also at $0.030 per share.

Recently, PIMCO New York Municipal Income Fund II has been in the spotlight due to significant corporate restructuring activities. Over the past week, there was a merger between PIMCO New York Municipal Income Fund II and PIMCO New York Municipal Income Fund III. Initially announced on Apr 4, 2025, the merger was approved by shareholders on Jun 27, 2025, and finalized on Aug 4, 2025. This merger led to the increase of PIMCO New York Municipal Income Fund II shares, with a final merger ratio of 0.788 shares for every share of the acquired fund. Consequently, trading in shares of PIMCO New York Municipal Income Fund III was halted.

As of late, reports indicate that PIMCO New York Municipal Income Fund II has completed its merger and reorganization plans. These strategic moves were concluded on Aug 1, 2025, affecting several funds, including PIMCO Municipal Income Fund II. The reorganization reflects PIMCO's broader strategy to streamline operations and improve financial performance.

Since the last update, PIMCO New York Municipal Income Fund II’s stock has seen slight fluctuations. On Aug 7, 2025, the share price was recorded at $6.570, marking a minor increase of $0.02 or 0.31%. Analysts have observed that the fund's recent activities could potentially influence its market performance positively.

In conclusion, PIMCO New York Municipal Income Fund II is undergoing significant changes that may impact its future operations and market standing. Investors should note that Aug 11, 2025, is the last day to purchase shares and qualify for the upcoming dividend. Any acquisitions made post this date will not be eligible for the current dividend distribution.