Karpus Management, Inc. filed a Schedule 13G with the SEC on November 13, 2026, disclosing beneficial ownership of 1,397,593 shares of PIMCO New York Municipal Income Fund II, representing 5.85% of the fund's common shares as of September 30, 2026.

Key Highlights

  • Reporting Person: Karpus Management, Inc., d/b/a Karpus Investment Management, a registered investment adviser incorporated in New York.
  • Shares Beneficially Owned: 1,397,593 shares of common stock, representing 5.85% of the class.
  • Voting and Dispositive Power: Karpus holds sole voting power and sole dispositive power over all 1,397,593 shares, with no shared power reported.
  • Triggering Event Date: The date of the event requiring this filing is September 30, 2026, per the filing.
  • Parent Company: Karpus is controlled by City of London Investment Group plc, listed on the London Stock Exchange, though the filing states that effective informational barriers have been established between the two entities.
  • Shares Held on Behalf of Accounts: According to the filing, the shares are owned directly by accounts managed by Karpus.

Karpus Management's Ownership Position in PIMCO New York Municipal Income Fund II

Karpus Management, Inc., operating under the trade name Karpus Investment Management and based at 183 Sully's Trail, Pittsford, New York 14534, filed a Schedule 13G disclosing a beneficial ownership position in PIMCO New York Municipal Income Fund II (CUSIP: 72200Y102). According to the filing, Karpus beneficially owns 1,397,593 shares of the fund's common stock, equating to 5.85% of the class. The filing was signed by Jodi L. Hedberg, Chief Compliance Officer, and dated November 13, 2026.

The filing states that Karpus holds sole voting power and sole dispositive power over all 1,397,593 shares, with zero shares subject to shared voting or shared dispositive power. The shares to which the Schedule 13G relates "are owned directly by the accounts managed by Karpus," according to the filing. Karpus identified itself as an investment adviser, registered under Section 203 of the Investment Advisers Act of 1940.

The filing notes that Karpus is controlled by City of London Investment Group plc. However, it states that "in accordance with SEC Release No. 34-39538 (January 12, 1998), effective informational barriers have been established between Karpus and CLIG such that voting and investment power over the subject securities is exercised by Karpus independently of CLIG," and that attribution of beneficial ownership between the two entities is therefore not required. The filing's certification states that the securities "were acquired and are held in the ordinary course of business" and were not acquired for the purpose of changing or influencing control of the issuer.

What Was Disclosed

Karpus Management, Inc. disclosed via Schedule 13G that it beneficially owns 1,397,593 common shares of PIMCO New York Municipal Income Fund II, equal to 5.85% of the class, with the triggering event dated September 30, 2026, and the filing dated November 13, 2026.