Rivernorth Capital Management LLC Invests $7.25 Million in PIMCO New York Municipal Income Fund II $PNI

Posted by Brenda Bartman on Jul 29th, 2026

Rivernorth Capital Management LLC purchased a new position in PIMCO New York Municipal Income Fund II (NYSE:PNI – Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 1,057,865 shares of the company’s stock, valued at approximately $7,246,000.

Several other large investors also recently bought and sold shares of the business. International Assets Investment Management LLC purchased a new stake in shares of PIMCO New York Municipal Income Fund II in the first quarter valued at approximately $52,000. Envestnet Asset Management Inc. purchased a new stake in PIMCO New York Municipal Income Fund II in the 2nd quarter valued at $79,000. Baird Financial Group Inc. acquired a new stake in shares of PIMCO New York Municipal Income Fund II in the 2nd quarter worth $117,000. Riverbridge Partners LLC raised its holdings in shares of PIMCO New York Municipal Income Fund II by 10.2% during the 1st quarter. Riverbridge Partners LLC now owns 223,261 shares of the company’s stock worth $1,529,000 after acquiring an additional 20,682 shares during the period. Finally, Maltin Wealth Management Inc. acquired a new position in shares of PIMCO New York Municipal Income Fund II during the 1st quarter valued at about $150,000.

PIMCO New York Municipal Income Fund II Price Performance

Shares of PNI opened at $6.85 on Wednesday. PIMCO New York Municipal Income Fund II has a 12-month low of $6.43 and a 12-month high of $7.20. The firm has a 50-day moving average price of $7.00 and a 200 day moving average price of $6.99.

PIMCO New York Municipal Income Fund II Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, August 3rd. Stockholders of record on Monday, July 13th will be paid a $0.0295 dividend. The ex-dividend date of this dividend is Monday, July 13th. This represents a c) annualized dividend and a dividend yield of 5.2%.

About PIMCO New York Municipal Income Fund II

(Free Report)

PIMCO New York Municipal Income Fund II (NYSE: PNI) is a closed-end management investment company that seeks to provide a high level of current income exempt from both federal and New York State income taxes. The fund is managed by Pacific Investment Management Company LLC (PIMCO), a global fixed income investment firm. PNI invests primarily in investment-grade municipal obligations issued by or on behalf of the state of New York, its municipalities and related public authorities.

The fund’s portfolio is constructed with a focus on New York state general obligation and revenue bonds, including transportation, education, healthcare and utility-backed securities.