PIMCO NEW YORK MUNICIPAL INCOME FUND II
No enriched coverage for $PNI in the last 7 days.
BANK OF AMERICA CORP /DE/ purchased 12,170 indirectly-held shares of PIMCO NEW YORK MUNICIPAL INCOME FUND II (PNI) at $6.33 on 2026-10-21. Filed jointly with MERRILL LYNCH, PIERCE, FENNER & SMITH INC. (10% owner).
Pinnacle Investment (ASX: PNI) shares fell 4.62% to A$13.32, extending a 21.07% monthly decline. The drop follows an audit standoff at affiliate Metrics Credit Partners, which has suspended trading in three listed funds (MXT, MOT, MRE) and halted redemptions. KPMG's inability to provide an audit opinion and NTA cuts of A$160M-A$170M have raised valuation concerns. Pinnacle's earnings may be impacted due to its 35% stake in Metrics, which contributed 7% to its FY26 NPAT.
Pinnacle Investment (ASX:PNI) shares rose 8.39% to A$19.25 on Wednesday, extending a 27% gain over four sessions after support near A$15. The company reported FY2026 net profit after tax of A$176.7m, including a A$46m revaluation gain; underlying NPAT was A$130.5m, with second-half underlying NPAT A$63m below UBS and consensus. June 2026 FUM was A$229.4b and Q4 net inflows were A$6.8b. UBS held its A$18.00 price target but cut FY2026 and FY2027 EPS by 3%.
Recent PNI coverage spans market movers, insider activity and earnings.
In the last 30 days, PNI insiders filed 30 SEC Form 4 transactions — 1 purchase ($77K) and 29 sales ($30K). The most active reporter was BANK OF AMERICA CORP /DE/ with 30 filings.
BANK OF AMERICA CORP /DE/ purchased 12,170 indirectly-held shares of PIMCO NEW YORK MUNICIPAL INCOME FUND II (PNI) at $6.33 on 2026-10-21. Filed jointly with MERRILL LYNCH, PIERCE, FENNER & SMITH INC. (10% owner).
Shares likely to face continued downside as audit delay and valuation cuts pressure earnings.
Flows and AUM growth are offsetting weaker profit conversion, keeping the stock bid despite a clear earnings miss.
Near-term trading focus is on the dividend calendar and whether the price move reflects positioning around the payout.
AlphAI scores every news story that mentions PNI with an AI model for sentiment and relevance, and aggregates insider trades from PIMCO NEW YORK MUNICIPAL INCOME FUND II's SEC EDGAR Form 4 filings. Figures refresh continuously.
BANK OF AMERICA CORP /DE/ purchased 12,170 indirectly-held shares of PIMCO NEW YORK MUNICIPAL INCOME FUND II (PNI) at $6.33 on 2026-10-21. Filed jointly with MERRILL LYNCH, PIERCE, FENNER & SMITH INC. (10% owner).
1 min readPinnacle Investment (ASX: PNI) shares fell 4.62% to A$13.32, extending a 21.07% monthly decline. The drop follows an audit standoff at affiliate Metrics Credit Partners, which has suspended trading in three listed funds (MXT, MOT, MRE) and halted redemptions. KPMG's inability to provide an audit opinion and NTA cuts of A$160M-A$170M have raised valuation concerns. Pinnacle's earnings may be impacted due to its 35% stake in Metrics, which contributed 7% to its FY26 NPAT.
3 min readPinnacle Investment (ASX:PNI) shares rose 8.39% to A$19.25 on Wednesday, extending a 27% gain over four sessions after support near A$15. The company reported FY2026 net profit after tax of A$176.7m, including a A$46m revaluation gain; underlying NPAT was A$130.5m, with second-half underlying NPAT A$63m below UBS and consensus. June 2026 FUM was A$229.4b and Q4 net inflows were A$6.8b. UBS held its A$18.00 price target but cut FY2026 and FY2027 EPS by 3%.
6 min readPIMCO New York Municipal Income Fund II (NYSE:PNI) shares fell 0.4% to $7.00 on Monday after trading between $6.98 and $7.00. Volume was 88,951 shares, up 87% versus the average. The fund declared a monthly dividend of $0.0295, payable June 1 to May 11 record holders, with an annualized yield of 5.1%.
3 min read
