PIMCO New York Municipal Income Fund announced earnings results for the fourth quarter and year ended April 30, 2014. For the quarter, the company reported net investment income of $1,228,364 or $0.16 per common share compared to $1,287,217 or $0.17 per common share a year ago. Net realized and change in unrealized gain was $4,134,970 or $0.53 per common share against net realized and change in unrealized loss of $203,398 or $0.02 per common share reported last year. Net asset value as at April 30, 2014 was $11.20 compared to $12.04 as at April 30, 2013.

For the year, the company reported net investment income of $5,168,900 or $0.67 per common share compared to $5,371,779 or $0.70 per common share a year ago. Net realized and change in unrealized loss was $6,266,349 or $0.82 per common share against net realized and change in unrealized gain of $5,065,214 or $0.66 per common share reported last year.