PIMCO New York Municipal Income Fund II PNI
$6.82 $0.01 (0.14%) 1D
Last Updated: Aug 21, 12:00 AM·NYSE
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PNI Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, PIMCO New York Municipal Income Fund II is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
PIMCO New York Municipal Income Fund II. Stock Analysis PNI
United States N/A Micro Cap PIMCO New York Municipal Income Fund II is a US-based company operating in industry. The company is headquartered in Boston, Massachusetts. The company went IPO on 2002-06-26. PIMCO New York Municipal Income Fund II (the Fund) is a diversified, closed-end management investment company. The Fund will invest at least 90% of its net assets in municipal bonds which pay interest that is exempt from regular federal, New York State and New York City income taxes (i.e., excluded from gross income for federal, New York State and New York City income tax purposes but not necessarily exempt from the federal alternative minimum tax). The Fund may invest up to 20% of its total assets in investments, the interest from which is subject to the federal alternative minimum tax. The Fund invests up to 20% of its net assets in municipal bonds that at the time of investment are investment grade quality (Ba or B or lower by Moody’s Investors Service, Inc. or BB or B or lower by S&P Global Ratings (S&P) or Fitch, Inc., or bonds that are unrated but judged to be of comparable quality by Pacific Investment Management Company LLC (PIMCO). The Fund's investment manager is PIMCO.
PIMCO New York Municipal Income Fund II (PNI) Chart
Financial Metrics & Statements of PIMCO New York Municipal Income Fund II (PNI)
FAQ's for PIMCO New York Municipal Income Fund II (PNI)
- As of August 2026, PIMCO New York Municipal Income Fund II PNI is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes PIMCO New York Municipal Income Fund II using these criteria to determine its compliance status.
- Muslim investors may consider investing in PIMCO New York Municipal Income Fund II if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
- Musaffa determines the Shariah status of PIMCO New York Municipal Income Fund II by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
- The Shariah compliance status of PIMCO New York Municipal Income Fund II may be updated periodically when new financial statements, earnings reports, or business activity information become available.
- Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
- You can check the latest Shariah compliance status of PIMCO New York Municipal Income Fund II on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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