JPMorgan Exits Preferred Shares in PIMCO Muni Fund

JPMorgan Chase Bank, National Association has reported that it no longer holds any Remarketable Variable Rate MuniFund Term Preferred Shares of PIMCO New York Municipal Income Fund II.

The bank filed a Schedule 13G/A Amendment No. 2 with the SEC, stating that it beneficially owns 0 shares of this preferred class, representing 0% of the total.

This is a significant change from JPMorgan's previous holdings in PIMCO New York Municipal Income Fund II, where it held reportable positions in the past. However, according to the filing, JPMorgan now holds 5 percent or less of the class, and has exited its previously reportable holdings.

The Remarketable Variable Rate MuniFund Term Preferred Shares are a type of preferred security issued by PIMCO New York Municipal Income Fund II.