PIMCO New York Municipal Bond Fund Institutional Class

Frequently Asked Questions About PNYIX

What are the top holdings of PNYIX?

A machine-readable holdings disclosure for PIMCO New York Municipal Bond Fund Institutional Class (PNYIX) is not available from our data sources. Fund families sometimes register portfolio filings under a sibling share class or outside the SEC's structured datasets. Rather than estimate, we leave the section blank; the issuer's website carries the authoritative portfolio list.

What sectors does PNYIX invest in?

PIMCO New York Municipal Bond Fund Institutional Class (PNYIX) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.

What sector is PNYIX most exposed to?

PNYIX's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.

Is PNYIX a US-only fund?

The country allocation card on this page shows PNYIX's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.

What does PNYIX invest in?

This investment vehicle primarily aims to generate a high level of current income that is exempt from both federal and New York State income taxes, with capital growth serving as a secondary objective. Typically, at least 80% of the fund's assets are allocated to debt securities. The interest income from these securities, as affirmed by the issuer's bond counsel at their issuance, must be free from regular federal and New York income taxation, hence their designation as "New York Municipal Bonds." The fund has no limitations on acquiring "private activity" bonds, even though their interest is considered a tax-preference item for purposes of the federal Alternative Minimum Tax (AMT). Furthermore, the fund retains the option to utilize derivative financial instruments. It operates as a non-diversified fund.