Latest ROE for Pimco New York Municipal Income Fund: 3.42% — see history and peer comparisons.
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+ Follow3.42%
Return on Equity measures how efficiently a company uses shareholders' equity to generate profits. A higher ROE indicates better profitability relative to equity.
Pimco New York Municipal Income Fund (PNF) currently reports a ROE of 3.42%. That is above the sector sector average of -5.72%. Use the charts on this page to explore Pimco New York Municipal Income Fund's ROE history and peer comparisons.
Pimco New York Municipal Income Fund's ROE of 3.42% is higher than the its sector sector average of -5.72%. That is roughly 159.8% above the sector mean. A reading higher peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.
There is no universal 'good' ROE, but Pimco New York Municipal Income Fund's current 3.42% should be judged against industry norms (sector average: -5.72%) and against PNF's own history. Strong, stable readings often indicate durable competitive advantage; volatile or declining ones deserve a closer look at margins and capital efficiency.
Start with the current ROE of 3.42%, then check the historical chart for trend and the peer comparison chart for relative positioning. The sector average is -5.72%. From there, open related valuation or income-statement pages for Pimco New York Municipal Income Fund, and consider following PNF for alerts when major investors trade the stock.