Is the PIMCO New York Municipal Income Fund II dividend safe?
At risk
PIMCO New York Municipal Income Fund II pays 5.1% a year while carrying heavy debt.
The numbers behind it
Dividend yield5.1%
Paid out of free cash flow–
Paid out of profit85%
Debt in years of earnings8.5 years
How we decide
We look at how much of its free cash flow a company hands out. Under 60% leaves room, 60% to 90% is tight, and above 90% or heavy debt puts the dividend at risk.
More questions about PIMCO New York Municipal Income Fund II
Data as of Nov 13, 2026.