# PIMCO New York Municipal Bond Class A (PNYAX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/pnyax for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: PIMCO · Asset class: Bond - Strategy: Actively Managed · Inception: 1999-09-02 This fund primarily allocates at least 80% of its assets to municipal bonds originating from New York. The interest earnings from these bonds are typically not subject to regular federal or New York state income taxes. The fund has the discretion to invest an unrestricted amount in "private activity" municipal bonds, whose interest might be designated as a tax-preference item for federal Alternative Minimum Tax (AMT) calculations. Moreover, the portfolio managers have the option to employ derivative instruments. It's also important to note that this fund is classified as non-diversified. ## Key Facts | Metric | Value | |---|---| | Price | $10.38 | | Expense Ratio | 0.77% | | AUM (All Share Classes) | $976.9M | | NAV | $10.38 | | Holdings Count | — | | Distribution Yield (TTM) | 3.46% | | Annual Distribution (TTM) | $0.36 /share | | Distribution Frequency | Monthly | | 52-Week Range | $10.03 – $10.86 | | Beta | 0.95 | ## Latest Distribution - Amount: $0.0303 /share - Ex-date: 2026-09-30 - Pay date: 2026-09-30 ## Frequently Asked Questions ### What does PNYAX invest in? This fund primarily allocates at least 80% of its assets to municipal bonds originating from New York. The interest earnings from these bonds are typically not subject to regular federal or New York state income taxes. The fund has the discretion to invest an unrestricted amount in "private activity" municipal bonds, whose interest might be designated as a tax-preference item for federal Alternative Minimum Tax (AMT) calculations. Moreover, the portfolio managers have the option to employ derivative instruments. It's also important to note that this fund is classified as non-diversified. ### What is the expense ratio of PNYAX? PIMCO New York Municipal Bond Class A (PNYAX) charges an expense ratio of 0.77%. This is the annual fee deducted from fund assets to cover management and operations. ### What is PNYAX's dividend yield? PNYAX's trailing-twelve-month yield is 3.46%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of PNYAX? Effective duration measures PNYAX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. PNYAX's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of PNYAX? PNYAX's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds. ### What is the yield to maturity of PNYAX? Yield to maturity (YTM) is the total return you'd earn from PNYAX if every bond in the portfolio is held to maturity at the current price. PNYAX's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid. ### Does PNYAX pay a dividend? Yes, PIMCO New York Municipal Bond Class A (PNYAX) distributes dividends to shareholders. The trailing-twelve-month yield is 3.46%. Full dividend history is on this page. ### How often does PNYAX pay dividends? PIMCO New York Municipal Bond Class A pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is PNYAX's next ex-dividend date? The most recently announced ex-dividend date for PNYAX was 2026-09-30. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will PNYAX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.77% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does PNYAX charge its expense ratio? The expense ratio is deducted in tiny daily slices from PNYAX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does PNYAX cost more than a fund like VOO? PNYAX is actively managed (current expense ratio 0.77%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether PNYAX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to PNYAX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as PNYAX (0.77%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/pnyax - Distribution history: https://www.dividenddata.com/funds/pnyax/dividend - Holdings & diversification: https://www.dividenddata.com/funds/pnyax/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/pnyax/expenses - Peer comparison: https://www.dividenddata.com/funds/pnyax/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.