Pacific Investment Management Company LLC has unveiled its latest offering, the PIMCO New York Municipal Income Fund II, a closed-ended fixed income mutual fund focused on the US markets. This fund seeks to invest in diverse sectors, with a primary focus on municipal bonds that offer interest exempt from federal, New York State, and New York City income tax. In addition, it invests in New York variable rate notes, New York variable rate demand notes and US treasury bills. Employing its own proprietary analytical models, the PIMCO New York Municipal Income Fund II was established on March 29, 2002 and is based in the United States.