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Pimco New York Municipal Bond Fund Class A (PNYAX)

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10.84 -0.00    0.00%
07:00:00 - Delayed Data. Currency in USD
Type:  Fund
Market:  United States
Issuer:  Pimco
Asset Class:  Equity
  • Morningstar Rating:
  • Total Assets: 365.96M
PIMCO NY Municipal A 10.84 -0.00 0.00%

Pimco New York Municipal Bond Fund Class A Overview

 
On this page you'll find an in-depth profile of Pimco New York Municipal Bond Fund Class A. Learn about the key management, total assets, investment strategy and contact information of PNYAX among other information.
Category

Muni New York Intermediate

Total Assets

365.96M

Expenses

0.78%

Inception Date

36452

Investment Strategy

The investment seeks high current income exempt from federal and New York income tax; capital appreciation is a secondary objective. The fund normally invests at least 80% of its assets in debt securities whose interest is, in the opinion of bond counsel for the issuer at the time of issuance, exempt from regular federal income tax and New York income tax ("New York Municipal Bonds"). It may invest without limitation in "private activity" bonds whose interest is a tax-preference item for purposes of the federal alternative minimum tax ("AMT"). The fund may invest in derivative instruments. It is non-diversified.

Contact Information

Address 840 Newport Center Drive, Suite 100
Newport Beach,CA 92660
United States
Phone +1 8667462602

Top Executives

Name Title Since Until
Kyle Christine - 2023 Now
Biography Vice President, PIMCO. Mr. Christine is a municipal bond portfolio manager. Prior to joining PIMCO in 2017, he was an institutional high yield and taxable municipal bond trader at Morgan Stanley. He has over eight years of investment and financial services experience and holds an undergraduate degree from Union College (NY).
David Hammer Executive Vice President 2015 Now
Biography Mr. Hammer is a managing director in the Newport Beach office and leads municipal bond portfolio management, with oversight of the firm's municipal investment grade, high yield, taxable, and separately managed accounts. He is the lead portfolio manager on PIMCO's municipal bond fund complex, including investment grade, high yield, state-specific, closed-end funds, and interval fund. Prior to rejoining PIMCO in 2015, he was a managing director at Morgan Stanley, where he was head of municipal trading, risk management, and research. He has 21 years of investment experience and holds an undergraduate degree from Syracuse University.
Rachel Betton Executive Vice President 2020 2023
Biography Executive Vice President, PIMCO. Ms. Betton is a member of the municipal bond portfolio management team. Prior to joining PIMCO in 2013, she was a municipal high yield and distressed trader at Morgan Stanley. Additionally, she was a public finance banker, focusing on municipal asset-backed securitizations and revenue-backed credits in the Midwest. She has 11 years of investment and financial services experience and holds an undergraduate degree from Wesleyan University.
Joseph P. Deane Head 2011 2016
Biography Mr. Deane is an Executive Vice President, PIMCO. Mr. Deane joined PIMCO in 2011 and is the head of the municipal bond portfolio management team. Prior to joining PIMCO, he served as Managing Director, Co-Head of the Tax-Exempt Department for Western Asset Management Company. Previously he was Managing Director, Head of Tax-Exempt Investments for Smith Barney/Citigroup Asset Management from 1993 to 2005. Earlier in his career, he held senior portfolio management positions with Shearson and E.F. Hutton. Morningstar named him Fixed-Income Manager of the Year in 1996 and a finalist in 1995 and 2007. He holds a bachelor's degree from Iona College.
John B. Cummings Vice President 2008 2011
Biography John B. Cummings is a Partner of WJ&A. Mr. Cummings specializes in Municipal bond portfolio management. From 2002-2011, Mr. Cummings worked at PIMCO, where he was Executive Vice President and head of Municipal bond portfolio management from 2008-2011. Mr. Cummings was a Vice President in Municipal bond trading at Goldman Sachs from 1997-2002. He was the head of Municipal trading at E.A. Moos from 1994-1997. John was also associated with R.J. Walls & Co. and Mabon Nugent. Mr. Cummings earned a B.A. from Rutgers College in 1983 and a M.B.A. from Rutgers University in 1990.
Mark V. McCray Managing Director 2000 2008
Biography McCray is manager director with PIMCO Advisor Holdings, his employer since 2000. Previously, he was vice president and co-head of municipal bond trading with Goldman, Sachs & Company.
Benjamin Ehlert executive Vice President 1999 2000
Biography Ehlert has been affiliated with Pacific Investment Management Company since the firm was founded in 1971. He is currently executive vice president of the firm. His career has included experience in investment banking and venture-capital management. He also served as an investment department head of Pacific Mutual. His 37 years of investment experience includes both fixed income and equity markets. Ehlert holds the Chartered Financial Analyst designation.
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