PIMCO Fund Quote

PNF
 Fund
  

USD 8.85  0.13  1.45%   

Market Performance
0 of 100
Odds Of Distress
Less than 37
PIMCO New is trading at 8.85 as of the 2nd of December 2022, a -1.45 percent decrease since the beginning of the trading day. The fund's lowest day price was 8.85. PIMCO New has about a 37 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for PIMCO New York are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of November 2022 and ending today, the 2nd of December 2022. Click here to learn more.
ISIN
US72200T1034
PIMCO New York Municipal Income Fund is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. PIMCO New York Municipal Income Fund was formed on June 29, 2001 and is domiciled in United States. Pimco New operates under Asset Management classification in the United States and is traded on New York Stock Exchange.. The company has 7.85 M outstanding shares of which 3.03 K shares are at this time shorted by investors with about 0.22 days to cover. More on PIMCO New York

Moving together with PIMCO New

+0.75PPROXPutnam PanAgora RiskPairCorr
+0.66BEMCXBRANDES EMERGING MARKETSPairCorr

PIMCO New Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. PIMCO New's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding PIMCO New or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
PIMCO New York generated a negative expected return over the last 90 days
On 1st of December 2022 PIMCO New paid $ 0.042 per share dividend to its current shareholders
Latest headline from news.google.com: US Regulators Propose Strengthening Oversight of Treasury Market - Yahoo Finance
President CEOBrian Shlissel
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of PIMCO New's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Cautious HoldFairly Valued
Next Fiscal Year End31st of December 2023
Most Recent Quarter30th of June 2022
Last Fiscal Year End31st of December 2021
Date Short Interest14th of October 2022
PIMCO New York [PNF] is traded in USA and was established 2nd of December 2022. The fund is not categorized under any group at the present time. The fund at this time has in assets with no minimum investment requirements PIMCO New York has about 1 K in cash with 2.99 M of positive cash flow from operations.
Check PIMCO New Probability Of Bankruptcy

PIMCO New Target Price Odds Analysis

What are PIMCO New's target price odds to finish over the current price? Based on a normal probability distribution, the odds of PIMCO New jumping above the current price in 90 days from now is about 32.47%. The PIMCO New York probability density function shows the probability of PIMCO New fund to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon PIMCO New has a beta of 0.4531 indicating as returns on the market go up, PIMCO New average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding PIMCO New York will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. PIMCO New York is significantly underperforming NYSE Composite.
  Odds Below 8.85HorizonTargetOdds Above 8.85
67.37%90 days
 8.85 
32.47%
Based on a normal probability distribution, the odds of PIMCO New to move above the current price in 90 days from now is about 32.47 (This PIMCO New York probability density function shows the probability of PIMCO Fund to fall within a particular range of prices over 90 days) .

PIMCO New York Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. PIMCO New market risk premium is the additional return an investor will receive from holding PIMCO New long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in PIMCO New. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although PIMCO New's alpha and beta are two of the key measurements used to evaluate PIMCO New's performance over the market, the standard measures of volatility play an important role as well.

PIMCO New Against Markets

Picking the right benchmark for PIMCO New fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in PIMCO New fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for PIMCO New is critical whether you are bullish or bearish towards PIMCO New York at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in PIMCO New without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Invested in PIMCO New York?

The danger of trading PIMCO New York is mainly related to its market volatility and Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of PIMCO New is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than PIMCO New. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile PIMCO New York is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please check Your Equity Center. You can also try Equity Valuation module to check real value of public entities based on technical and fundamental data.

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When running PIMCO New York price analysis, check to measure PIMCO New's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PIMCO New is operating at the current time. Most of PIMCO New's value examination focuses on studying past and present price action to predict the probability of PIMCO New's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move PIMCO New's price. Additionally, you may evaluate how the addition of PIMCO New to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between PIMCO New's value and its price as these two are different measures arrived at by different means. Investors typically determine PIMCO New value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PIMCO New's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.