PNI 10% Owner Bank of America Corp Buys $77K of Stock
Key Points
- Bank of America Corp bought 12,170 shares of Pimco New York Municipal Income Fund II for a total of $77,084.78 on October 21, 2026.
- The closed-end fund trades recently around $6.33, sitting 12.1% below its 52-week high of $7.20.
- The fund pays an annual dividend of $0.35 per share, yielding 5.55%.
Since the trade, $PNI is up 0.6% to date (from the $6.29 close on Oct 21, 2026).
Get PIMCO New York Municipal Income Fund II text alerts
We text you when insiders, Congress, analysts or big funds move on $PNI.
By entering your mobile number and tapping the sign-up button, you provide express written consent to receive recurring automated text messages from TradeTexts at that number, including stock alerts about SEC filings, insider and congress trades, analyst ratings, hedge fund moves, and earnings results. Consent is not a condition of any purchase. Message frequency varies. Messages are not investment advice. Message and data rates may apply. Reply HELP for help and STOP to opt out at any time. See our Terms and Privacy Policy.
Not investment advice. TradeTexts is not a registered investment adviser, and this automated PIMCO New York Municipal Income Fund II alert may contain errors. Disclosures
Bank of America Corp purchased 12,170 shares of Pimco New York Municipal Income Fund II (NYSE: PNI) for a total value of $77,084.78 on October 21, 2026. The transaction was disclosed in a Form 4 filing with the Securities and Exchange Commission. Following the purchase, the 10% owner holds a total of 12,170 shares in the fund. The shares were acquired at a price of $6.33 each.
PNI
PIMCO New York Municipal Income Fund II
Bank of America Corp vs. the S&P 500
Hypothetical returns from Bank of America Corp's disclosed trades, not real profit or advice. How we model this.
Inside Bank of America's PNI Trade
The 10% owner picked up 12,170 shares on October 21, 2026, investing $77,084.78 in the transaction. The buy comes as institutional managers adjust their exposure to the closed-end municipal bond fund. The filing shows the transaction was executed in the open market.
Other Institutional Activity in PIMCO New York Municipal Income Fund II
Other major investors have been active in the fund recently. Karpus Management, Inc. grew its holdings by 377,681 shares, ending with 1,113,329 shares worth about $7,047,372.0. RiverNorth Capital Management, LLC reduced its stake by 13,117 shares, ending with 1,044,735 shares worth about $6,613,172.0 for a 1.2% decrease. Matisse Capital kept its position steady, holding 618,726 shares valued at about $3,916,535.0 with zero share change. Guggenheim Capital, LLC added 15,698 shares, growing its stake by 3.2% to 512,473 shares worth about $3,243,954.0. Almitas Capital LLC trimmed its holdings by 21,309 shares, ending with 467,432 shares worth about $2,958,844.0 after a 4.4% decrease.
PIMCO New York Municipal Income Fund II Stock Down 0.8%
The fund recently traded around $6.33, sitting 2.2% below its 50-day moving average of $6.48 and 7.7% below its 200-day moving average of $6.86. The stock has traded between a 52-week low of $5.96 and a 52-week high of $7.20, placing the recent price 6.2% above its lowest point for the year and 12.1% below its peak.
Recent Earnings
The fund reported trailing twelve month revenue of $13,990,000.0 and earnings of $0.77 per share. It operates with a return on equity of 14.5% and a net profit margin of 141.6%.
Dividend
The fund distributes an annual dividend of $0.35 per share, giving it a dividend yield of 5.55%. The payout ratio stands at 46.0%.
Insider Buying and Selling at PIMCO New York Municipal Income Fund II
Bank of America Corporation previously recorded transactions in the fund, including buying and selling 105 shares each on August 11, 2025, at a price of $6.52 per share.
About PIMCO New York Municipal Income Fund II
PIMCO New York Municipal Income Fund II is a closed-ended fixed income mutual fund managed by Pacific Investment Management Company LLC. The fund focuses on U.S. fixed income markets, primarily investing in municipal bonds that provide interest exempt from federal, New York State, and New York City income taxes. This income focus draws institutional interest from major banks and wealth managers seeking tax-advantaged yield.
Bottom Line
Institutional flows in closed-end municipal bond funds often signal shifting yield strategies among major financial firms. Investors will continue to monitor future SEC filings from Bank of America and other major stakeholders to track how large holders manage their positions in the fund.
Related Filing Alerts
Source: Bank of America Corp's Form 4 filing on $PNI (Oct 21, 2026). Written by software, not financial advice. How we make alerts