PNYIX vs. PONAX
Compare and contrast key facts about PIMCO New York Municipal Fund (PNYIX) and PIMCO Income Fund Class A (PONAX).
PNYIX is managed by PIMCO. It was launched on Aug 8, 2004. PONAX is managed by PIMCO. It was launched on Apr 2, 2007.
Performance
PNYIX vs. PONAX - Performance Comparison
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PNYIX vs. PONAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PNYIX PIMCO New York Municipal Fund | 0.05% | 4.16% | 2.89% | 8.13% | -10.19% | 2.46% | 4.73% | 7.78% | 1.00% | 5.79% |
PONAX PIMCO Income Fund Class A | -1.05% | 10.63% | 5.02% | 8.96% | -9.34% | 2.21% | 5.40% | 7.65% | 0.21% | 8.19% |
Returns By Period
In the year-to-date period, PNYIX achieves a 0.05% return, which is significantly higher than PONAX's -1.05% return. Over the past 10 years, PNYIX has underperformed PONAX with an annualized return of 2.43%, while PONAX has yielded a comparatively higher 4.29% annualized return.
PNYIX
- 1D
- 0.19%
- 1M
- -1.75%
- YTD
- 0.05%
- 6M
- 1.29%
- 1Y
- 3.72%
- 3Y*
- 4.06%
- 5Y*
- 1.34%
- 10Y*
- 2.43%
PONAX
- 1D
- 0.37%
- 1M
- -2.36%
- YTD
- -1.05%
- 6M
- 1.17%
- 1Y
- 5.88%
- 3Y*
- 6.92%
- 5Y*
- 3.04%
- 10Y*
- 4.29%
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PNYIX vs. PONAX - Expense Ratio Comparison
PNYIX has a 0.46% expense ratio, which is lower than PONAX's 1.02% expense ratio.
Return for Risk
PNYIX vs. PONAX — Risk / Return Rank
PNYIX
PONAX
PNYIX vs. PONAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO New York Municipal Fund (PNYIX) and PIMCO Income Fund Class A (PONAX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| PNYIX | PONAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.87 | 1.45 | -0.59 |
Sortino ratioReturn per unit of downside risk | 1.19 | 2.07 | -0.88 |
Omega ratioGain probability vs. loss probability | 1.23 | 1.27 | -0.04 |
Calmar ratioReturn relative to maximum drawdown | 1.11 | 1.89 | -0.78 |
Martin ratioReturn relative to average drawdown | 3.40 | 7.46 | -4.06 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| PNYIX | PONAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.87 | 1.45 | -0.59 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.33 | 0.65 | -0.32 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.63 | 1.04 | -0.41 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.19 | 1.48 | -0.29 |
Correlation
The correlation between PNYIX and PONAX is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
PNYIX vs. PONAX - Dividend Comparison
PNYIX's dividend yield for the trailing twelve months is around 3.71%, less than PONAX's 5.18% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PNYIX PIMCO New York Municipal Fund | 3.71% | 4.77% | 4.24% | 3.49% | 2.00% | 1.92% | 2.01% | 2.84% | 3.33% | 3.27% | 3.44% | 3.65% |
PONAX PIMCO Income Fund Class A | 5.18% | 5.61% | 5.86% | 5.86% | 4.66% | 3.62% | 4.48% | 5.42% | 5.24% | 4.97% | 5.13% | 7.45% |
Drawdowns
PNYIX vs. PONAX - Drawdown Comparison
The maximum PNYIX drawdown since its inception was -15.33%, which is greater than PONAX's maximum drawdown of -13.64%. Use the drawdown chart below to compare losses from any high point for PNYIX and PONAX.
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Drawdown Indicators
| PNYIX | PONAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.33% | -13.64% | -1.69% |
Max Drawdown (1Y)Largest decline over 1 year | -4.74% | -3.69% | -1.05% |
Max Drawdown (5Y)Largest decline over 5 years | -15.33% | -13.64% | -1.69% |
Max Drawdown (10Y)Largest decline over 10 years | -15.33% | -13.64% | -1.69% |
Current DrawdownCurrent decline from peak | -2.03% | -2.88% | +0.85% |
Average DrawdownAverage peak-to-trough decline | -1.70% | -1.80% | +0.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.55% | 0.94% | +0.61% |
Volatility
PNYIX vs. PONAX - Volatility Comparison
The current volatility for PIMCO New York Municipal Fund (PNYIX) is 0.96%, while PIMCO Income Fund Class A (PONAX) has a volatility of 1.90%. This indicates that PNYIX experiences smaller price fluctuations and is considered to be less risky than PONAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PNYIX | PONAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.96% | 1.90% | -0.94% |
Volatility (6M)Calculated over the trailing 6-month period | 1.61% | 2.64% | -1.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.85% | 4.24% | +0.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.09% | 4.72% | -0.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.88% | 4.16% | -0.28% |