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<SEC-DOCUMENT>0000930413-07-003855.txt : 20070427
<SEC-HEADER>0000930413-07-003855.hdr.sgml : 20070427
<ACCEPTANCE-DATETIME>20070427163657
ACCESSION NUMBER:		0000930413-07-003855
CONFORMED SUBMISSION TYPE:	N-Q
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20070228
FILED AS OF DATE:		20070427
DATE AS OF CHANGE:		20070427
EFFECTIVENESS DATE:		20070427

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PIMCO NEW YORK MUNICIPAL INCOME FUND II
		CENTRAL INDEX KEY:			0001170311
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			0430

	FILING VALUES:
		FORM TYPE:		N-Q
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-21078
		FILM NUMBER:		07796322

	BUSINESS ADDRESS:	
		STREET 1:		1345 AVENUE OF THE AMERICAS, 47TH FL
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10105
</SEC-HEADER>
<DOCUMENT>
<TYPE>N-Q
<SEQUENCE>1
<FILENAME>c48053_nq.htm
<TEXT>

<HTML>
<HEAD>
   <TITLE>k.htm -- Converted by SEC Publisher, created by BCL Technologies Inc., for SEC Filing</TITLE>
</HEAD>

<BODY bgcolor="#ffffff">


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<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=78% align=center><B><FONT size=2 face="serif">UNITED STATES</FONT></B>&nbsp; </TD>
    <TD width=1%>&nbsp;</TD>
    <TD width=18% align=center><U><FONT size=1 face="serif">OMB APPROVAL</FONT></U>&nbsp; </TD>
    <TD width=3% align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><B><FONT size=2 face="serif">SECURITIES AND EXCHANGE COMMISSION</FONT></B>&nbsp; </TD>
    <TD>&nbsp;</TD>
    <TD align=left><FONT size=1 face="serif">OMB Number: 3235-0578</FONT></TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><B><FONT size=2 face="serif">Washington, DC 20549</FONT></B>&nbsp; </TD>
    <TD>&nbsp;</TD>
    <TD align=left><FONT size=1 face="serif">Expires: May 31, 2007</FONT>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left><FONT size=1 face="serif">Estimated average burden</FONT>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><center>
        <b><font size=2 face="serif">FORM N-Q</font></b>&nbsp;
    </center></TD>
    <TD>&nbsp;</TD>
    <TD align=left><FONT size=1 face="serif">hours per response: 21.09</FONT></TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><center>
        <b><font size=2 face="serif">QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED <br>
        MANAGEMENT INVESTMENT COMPANY </font></b>
    </center></TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
</TABLE>
<BR>
<P align="left">
<FONT size=2 face="serif">Investment Company Act File Number: 811-21078</FONT></P>
<P align="left">
<FONT size=2 face="serif">Registrant Name: PIMCO New York Municipal Income Fund II</FONT></P>
<P align="left">
<FONT size=2 face="serif">Address of Principal Executive Offices: 1345 Avenue of the Americas, New York, New York 10105 </FONT></P>
<P align="left">
<FONT size=2 face="serif">Name and Address of Agent for Service: Lawrence G. Altadonna &#150; 1345 Avenue of the Americas, New York, New York 10105 </FONT></P>
<P align="left">
<FONT size=2 face="serif">Registrant&#146;s telephone number, including area code: 212-739-3371 </FONT></P>
<P align="left">
<FONT size=2 face="serif">Date of Fiscal Year End: May 31, 2007 </FONT></P>
<P align="left">
<FONT size=2 face="serif">Date of Reporting Period: February 28, 2007 </FONT></P>
<P align="left">
<FONT size=2 face="serif">Form N-Q is to be used by the registered management investment company, other than a small business investment company registered on Form N-5 (</FONT><FONT size=2 face="sans-serif">&#167;&#167;</FONT><FONT size=2 face="serif"> 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than 60 days after the close of the first and third fiscal quarters, pursuant to rule 30b 1-5 under the Investment Company Act of 1940 (17 CFR 270.30b1
- -5). The Commission may use the information provided on Form N-Q in its regulatory, disclosure review, inspection, and policymaking roles. </FONT></P>
<P align="left">
<FONT size=2 face="serif">A registrant is required to disclose the information specified by Form N-Q, and the Commission will make this information public. A registrant is not required to the collection of information contained in Form N-Q unless
the Form displays a currently valid Office of Management and Budget (&#147;OMB&#148;) control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to the
Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. </FONT><FONT size=2 face="sans-serif">&#167;
</FONT><FONT size=2 face="serif">3507. </FONT></P>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"><PAGE>

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<A name="page_2"></A>

<P align="left">
<B><FONT size=2 face="serif">Item 1. Schedule of Investments </FONT></B></P>


<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
	<TD align=left colspan=3>
<B><FONT size=2 face="sans-serif">PIMCO New York Municipal Income Fund II Schedule of Investments</FONT></B>&nbsp;
	</TD>
	<TD align=left>&nbsp;

	</TD>
	<TD align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan=3 style="border-bottom:1px solid #000000;">
<FONT size=1 face="sans-serif">February 28, 2007 (unaudited)</FONT>&nbsp;
	</TD>
	<TD align=left style="border-bottom:1px solid #000000;">&nbsp;

	</TD>
	<TD align=left style="border-bottom:1px solid #000000;">&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD align=right>
      <center>
        <FONT size=1 face="sans-serif">Principal</FONT>&nbsp;
      </center></TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>&nbsp;

	</TD>
	<TD align=left>&nbsp;

	</TD>
	<TD align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD align=center>
<FONT size=1 face="sans-serif">Amount</FONT>&nbsp;
	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>&nbsp;

	</TD>
	<TD align=center>
<FONT size=1 face="sans-serif">Credit Rating</FONT>&nbsp;
	</TD>
	<TD align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:3px solid #000000;">
      <center>
        <FONT size=1 face="sans-serif">(000)</FONT>&nbsp;
      </center></TD>
	<TD style="border-bottom:3px solid #000000;">&nbsp;
	</TD>
	<TD align=left style="border-bottom:3px solid #000000;">&nbsp;

	</TD>
	<TD align=center style="border-bottom:3px solid #000000;">
<FONT size=1 face="sans-serif">(Moody's/S&amp;P)</FONT>&nbsp;
	</TD>
	<TD align=right style="border-bottom:3px solid #000000;">
<FONT size=1 face="sans-serif">Value*</FONT>&nbsp;
	</TD>
</TR>
<TR>
	<TD colspan=5>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD align=center colspan=3>
      <div align="left"><B><FONT size=1 face="sans-serif">NEW YORK MUNICIPAL BONDS &amp; NOTES&#151;88.8%</FONT></B>&nbsp;
      </div></TD>
	<TD align=left>&nbsp;

	</TD>
	<TD align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD align=left>&nbsp;

	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">Buffalo Municipal Water Finance Auth., Water System Rev.,</FONT>&nbsp;
	</TD>
	<TD align=left>&nbsp;

	</TD>
	<TD align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD align=left>&nbsp;

	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>&nbsp;&nbsp;&nbsp;
<FONT size=1 face="sans-serif">Ser. B, (Pre-refunded @ &#36;100, 7/1/12) (FSA)(a),</FONT>&nbsp;
	</TD>
	<TD align=left>&nbsp;

	</TD>
	<TD align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom" bgcolor="#e6e6e6">
	<TD align=right>
<FONT size=1 face="sans-serif">&#36;250</FONT>&nbsp;
	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">&nbsp;&nbsp;&nbsp; <FONT size=1 face="sans-serif"></FONT>&nbsp;&nbsp;&nbsp; <FONT size=1 face="sans-serif"></FONT>5.00%, 7/1/27</FONT>&nbsp;
	</TD>
	<TD align=center>
<FONT size=1 face="sans-serif">Aaa/AAA</FONT>&nbsp;
	</TD>
	<TD align=right>
<FONT size=1 face="sans-serif">&#36;266,928</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=right>
<FONT size=1 face="sans-serif">1,000</FONT>&nbsp;
	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">&nbsp;&nbsp;&nbsp; <FONT size=1 face="sans-serif"></FONT>&nbsp;&nbsp;&nbsp; <FONT size=1 face="sans-serif"></FONT>5.125%, 7/1/32</FONT>&nbsp;
	</TD>
	<TD align=center>
<FONT size=1 face="sans-serif">Aaa/AAA</FONT>&nbsp;
	</TD>
	<TD align=right>
<FONT size=1 face="sans-serif">1,073,710</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom" bgcolor="#e6e6e6">
	<TD align=right>
<FONT size=1 face="sans-serif">2,400</FONT>&nbsp;
	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">Erie Cnty. Industrial Dev. Agcy., Orchard Park Rev., 6.00%, 11/15/36</FONT>&nbsp;
	</TD>
	<TD align=center>
<FONT size=1 face="sans-serif">NR/NR</FONT>&nbsp;
	</TD>
	<TD align=right>
<FONT size=1 face="sans-serif">2,580,504</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=right>
<FONT size=1 face="sans-serif">10,000</FONT>&nbsp;
	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">Erie Cnty. Tobacco Asset Securitization Corp. Rev.,</FONT>&nbsp;
	</TD>
	<TD align=left>&nbsp;

	</TD>
	<TD align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD align=left>&nbsp;

	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">&nbsp;&nbsp;&nbsp; <FONT size=1 face="sans-serif"></FONT>6.50%, 7/15/32, (Pre-refunded @ &#36;101, 7/15/10) (a)</FONT>&nbsp;
	</TD>
	<TD align=center>
<FONT size=1 face="sans-serif">NR/AAA</FONT>&nbsp;
	</TD>
	<TD align=right>
<FONT size=1 face="sans-serif">10,985,100</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom" bgcolor="#e6e6e6">
	<TD align=right>
<FONT size=1 face="sans-serif">2,500</FONT>&nbsp;
	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">Liberty Dev. Corp. Rev., Goldman Sachs Headquarters, 5.25%, 10/1/35 (g)</FONT>&nbsp;
	</TD>
	<TD align=center>
<FONT size=1 face="sans-serif">Aa3/AA-</FONT>&nbsp;
	</TD>
	<TD align=right>
<FONT size=1 face="sans-serif">2,938,975</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left>&nbsp;

	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">Metropolitan Transportation Auth. Rev.,</FONT>&nbsp;
	</TD>
	<TD align=left>&nbsp;

	</TD>
	<TD align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD align=right>
<FONT size=1 face="sans-serif">1,850</FONT>&nbsp;
	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">&nbsp;&nbsp;&nbsp; <FONT size=1 face="sans-serif"></FONT>5.00%, 11/15/30, Ser. A (FSA)</FONT>&nbsp;
	</TD>
	<TD align=center>
<FONT size=1 face="sans-serif">Aaa/AAA</FONT>&nbsp;
	</TD>
	<TD align=right>
<FONT size=1 face="sans-serif">1,950,011</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom" bgcolor="#e6e6e6">
	<TD align=right>
<FONT size=1 face="sans-serif">10,000</FONT>&nbsp;
	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">&nbsp;&nbsp;&nbsp; <FONT size=1 face="sans-serif"></FONT>5.25%, 11/15/31, Ser. E</FONT>&nbsp;
	</TD>
	<TD align=center>
<FONT size=1 face="sans-serif">A2/A</FONT>&nbsp;
	</TD>
	<TD align=right>
<FONT size=1 face="sans-serif">10,656,500</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=right>
<FONT size=1 face="sans-serif">7,000</FONT>&nbsp;
	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">&nbsp;&nbsp;&nbsp; <FONT size=1 face="sans-serif"></FONT>5.35%, 7/1/31, Ser. B</FONT>&nbsp;
	</TD>
	<TD align=center>
<FONT size=1 face="sans-serif">A1/AAA</FONT>&nbsp;
	</TD>
	<TD align=right>
<FONT size=1 face="sans-serif">7,500,570</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom" bgcolor="#e6e6e6">
	<TD align=right>
<FONT size=1 face="sans-serif">4,130</FONT>&nbsp;
	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">Mortgage Agcy. Rev., 4.75%, 10/1/27, Ser 128 (g)</FONT>&nbsp;
	</TD>
	<TD align=center>
<FONT size=1 face="sans-serif">Aa1/NR</FONT>&nbsp;
	</TD>
	<TD align=right>
<FONT size=1 face="sans-serif">4,265,175</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=right>
<FONT size=1 face="sans-serif">4,000</FONT>&nbsp;
	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">New York City, GO, 5.00%, 3/1/33, Ser. I</FONT>&nbsp;
	</TD>
	<TD align=center>
<FONT size=1 face="sans-serif">A1/AA-</FONT>&nbsp;
	</TD>
	<TD align=right>
<FONT size=1 face="sans-serif">4,180,800</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left>&nbsp;

	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">New York City Health &amp; Hospital Corp. Rev., Ser. A,</FONT>&nbsp;
	</TD>
	<TD align=left>&nbsp;

	</TD>
	<TD align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom" bgcolor="#e6e6e6">
	<TD align=right>
<FONT size=1 face="sans-serif">1,100</FONT>&nbsp;
	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">&nbsp;&nbsp;&nbsp; <FONT size=1 face="sans-serif"></FONT>5.375%, 2/15/26</FONT>&nbsp;
	</TD>
	<TD align=center>
<FONT size=1 face="sans-serif">A2/A-</FONT>&nbsp;
	</TD>
	<TD align=right>
<FONT size=1 face="sans-serif">1,151,139</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=right>
<FONT size=1 face="sans-serif">2,000</FONT>&nbsp;
	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">&nbsp;&nbsp;&nbsp; <FONT size=1 face="sans-serif"></FONT>5.45%, 2/15/26</FONT>&nbsp;
	</TD>
	<TD align=center>
<FONT size=1 face="sans-serif">A2/A-</FONT>&nbsp;
	</TD>
	<TD align=right>
<FONT size=1 face="sans-serif">2,110,520</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left>&nbsp;

	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">New York City Industrial Dev. Agcy. Rev.,</FONT>&nbsp;
	</TD>
	<TD align=left>&nbsp;

	</TD>
	<TD align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom" bgcolor="#e6e6e6">
	<TD align=right>
<FONT size=1 face="sans-serif">1,000</FONT>&nbsp;
	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">&nbsp;&nbsp;&nbsp; <FONT size=1 face="sans-serif"></FONT>Eger Harbor, 4.95%, 11/20/32 (GNMA)</FONT>&nbsp;
	</TD>
	<TD align=center>
<FONT size=1 face="sans-serif">NR/AA+</FONT>&nbsp;
	</TD>
	<TD align=right>
<FONT size=1 face="sans-serif">1,039,860</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=right>
<FONT size=1 face="sans-serif">1,230</FONT>&nbsp;
	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">&nbsp;&nbsp;&nbsp; <FONT size=1 face="sans-serif"></FONT>Staten Island Univ. Hospital, 6.45%, 7/1/32</FONT>&nbsp;
	</TD>
	<TD align=center>
<FONT size=1 face="sans-serif">B2/NR</FONT>&nbsp;
	</TD>
	<TD align=right>
<FONT size=1 face="sans-serif">1,302,226</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom" bgcolor="#e6e6e6">
	<TD align=right>
<FONT size=1 face="sans-serif">1,500</FONT>&nbsp;
	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">&nbsp;&nbsp;&nbsp; <FONT size=1 face="sans-serif"></FONT>United Jewish Appeal Fed., 5.00%, 7/1/27</FONT>&nbsp;
	</TD>
	<TD align=center>
<FONT size=1 face="sans-serif">Aa2/NR</FONT>&nbsp;
	</TD>
	<TD align=right>
<FONT size=1 face="sans-serif">1,593,330</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left>&nbsp;

	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">New York City Municipal Water Finance Auth., Water &amp; Sewer System Rev.,</FONT>&nbsp;
	</TD>
	<TD align=left>&nbsp;

	</TD>
	<TD align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD align=right>
<FONT size=1 face="sans-serif">7,500</FONT>&nbsp;
	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">&nbsp;&nbsp;&nbsp; <FONT size=1 face="sans-serif"></FONT>4.50%, 6/15/33, Ser. C (g)</FONT>&nbsp;
	</TD>
	<TD align=center>
<FONT size=1 face="sans-serif">NR/NR</FONT>&nbsp;
	</TD>
	<TD align=right>
<FONT size=1 face="sans-serif">7,601,850</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom" bgcolor="#e6e6e6">
	<TD align=right>
<FONT size=1 face="sans-serif">3,055</FONT>&nbsp;
	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">&nbsp;&nbsp;&nbsp; <FONT size=1 face="sans-serif"></FONT>4.75%, 6/15/25, Ser. D (MBIA-IBC)</FONT>&nbsp;
	</TD>
	<TD align=center>
<FONT size=1 face="sans-serif">Aaa/AAA</FONT>&nbsp;
	</TD>
	<TD align=right>
<FONT size=1 face="sans-serif">3,105,560</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=right>
<FONT size=1 face="sans-serif">5,000</FONT>&nbsp;
	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">&nbsp;&nbsp;&nbsp; <FONT size=1 face="sans-serif"></FONT>5.00%, 6/15/32, Ser. A (g)</FONT>&nbsp;
	</TD>
	<TD align=center>
<FONT size=1 face="sans-serif">Aa2/AA+</FONT>&nbsp;
	</TD>
	<TD align=right>
<FONT size=1 face="sans-serif">5,192,500</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom" bgcolor="#e6e6e6">
	<TD align=right>
<FONT size=1 face="sans-serif">15,000</FONT>&nbsp;
	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">&nbsp;&nbsp;&nbsp; <FONT size=1 face="sans-serif"></FONT>5.125%, 6/15/34, Ser. A (g)</FONT>&nbsp;
	</TD>
	<TD align=center>
<FONT size=1 face="sans-serif">Aa2/AA+</FONT>&nbsp;
	</TD>
	<TD align=right>
<FONT size=1 face="sans-serif">15,846,000</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=right>
<FONT size=1 face="sans-serif">10,000</FONT>&nbsp;
	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">New York City Transitional Finance Auth. Rev., 5.00%, 11/1/27, Ser. B</FONT>&nbsp;
	</TD>
	<TD align=center>
<FONT size=1 face="sans-serif">Aa1/AAA</FONT>&nbsp;
	</TD>
	<TD align=right>
<FONT size=1 face="sans-serif">10,532,200</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom" bgcolor="#e6e6e6">
	<TD align=right>
<FONT size=1 face="sans-serif">7,785</FONT>&nbsp;
	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">New York City Trust for Cultural Res. Rev., 5.00%, 2/1/34 (FGIC)(g)</FONT>&nbsp;
	</TD>
	<TD align=center>
<FONT size=1 face="sans-serif">NR/NR</FONT>&nbsp;
	</TD>
	<TD align=right>
<FONT size=1 face="sans-serif">8,269,694</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=right>
<FONT size=1 face="sans-serif">3,600</FONT>&nbsp;
	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">Port Auth. New York &amp; New Jersey Rev., 5.00%, 4/15/32, Ser. 125 (FSA)</FONT>&nbsp;
	</TD>
	<TD align=center>
<FONT size=1 face="sans-serif">Aaa/AAA</FONT>&nbsp;
	</TD>
	<TD align=right>
<FONT size=1 face="sans-serif">3,825,072</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom" bgcolor="#e6e6e6">
	<TD align=right>
<FONT size=1 face="sans-serif">7,500</FONT>&nbsp;
	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">State Dormitory Auth. Lease Rev., State Univ. Dormitory Facs.,</FONT>&nbsp;
	</TD>
	<TD align=left>&nbsp;

	</TD>
	<TD align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom" bgcolor="#e6e6e6">
	<TD align=left>&nbsp;

	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">&nbsp;&nbsp;&nbsp; <FONT size=1 face="sans-serif"></FONT>5.00%, 7/1/32, (Pre-refunded @ &#36;100, 7/1/12) (a)</FONT>&nbsp;
	</TD>
	<TD align=center>
<FONT size=1 face="sans-serif">Aa3/AA-</FONT>&nbsp;
	</TD>
	<TD align=right>
<FONT size=1 face="sans-serif">8,000,325</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left>&nbsp;

	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">State Dormitory Auth. Rev.,</FONT>&nbsp;
	</TD>
	<TD align=left>&nbsp;

	</TD>
	<TD align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD align=right>
<FONT size=1 face="sans-serif">2,600</FONT>&nbsp;
	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">&nbsp;&nbsp;&nbsp; <FONT size=1 face="sans-serif"></FONT>Catholic Health of Long Island, 5.10%, 7/1/34</FONT>&nbsp;
	</TD>
	<TD align=center>
<FONT size=1 face="sans-serif">Baa1/BBB</FONT>&nbsp;
	</TD>
	<TD align=right>
<FONT size=1 face="sans-serif">2,704,468</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom" bgcolor="#e6e6e6">
	<TD align=right>
<FONT size=1 face="sans-serif">7,490</FONT>&nbsp;
	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">&nbsp;&nbsp;&nbsp; <FONT size=1 face="sans-serif"></FONT>Court Facs., 5.50%, 5/15/31 (AMBAC)(g)</FONT>&nbsp;
	</TD>
	<TD align=center>
<FONT size=1 face="sans-serif">NR/NR</FONT>&nbsp;
	</TD>
	<TD align=right>
<FONT size=1 face="sans-serif">9,287,825</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=right>
<FONT size=1 face="sans-serif">2,000</FONT>&nbsp;
	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">&nbsp;&nbsp;&nbsp; <FONT size=1 face="sans-serif"></FONT>Kaleida Health Hospital, 5.05%, 2/15/25 (FHA)</FONT>&nbsp;
	</TD>
	<TD align=center>
<FONT size=1 face="sans-serif">NR/AAA</FONT>&nbsp;
	</TD>
	<TD align=right>
<FONT size=1 face="sans-serif">2,096,520</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom" bgcolor="#e6e6e6">
	<TD align=right>
<FONT size=1 face="sans-serif">5,300</FONT>&nbsp;
	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">&nbsp;&nbsp;&nbsp; <FONT size=1 face="sans-serif"></FONT>Lenox Hill Hospital, 5.50%, 7/1/30</FONT>&nbsp;
	</TD>
	<TD align=center>
<FONT size=1 face="sans-serif">Ba2/NR</FONT>&nbsp;
	</TD>
	<TD align=right>
<FONT size=1 face="sans-serif">5,568,604</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left>&nbsp;

	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">&nbsp;&nbsp;&nbsp; <FONT size=1 face="sans-serif"></FONT>Long Island Univ. (Radian),</FONT>&nbsp;
	</TD>
	<TD align=left>&nbsp;

	</TD>
	<TD align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD align=right>
<FONT size=1 face="sans-serif">1,320</FONT>&nbsp;
	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">&nbsp;&nbsp;&nbsp; <FONT size=1 face="sans-serif"></FONT>&nbsp;&nbsp;&nbsp; <FONT size=1 face="sans-serif"></FONT>5.25%, 9/1/28</FONT>&nbsp;
	</TD>
	<TD align=center>
<FONT size=1 face="sans-serif">Aa3/AA</FONT>&nbsp;
	</TD>
	<TD align=right>
<FONT size=1 face="sans-serif">1,387,148</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom" bgcolor="#e6e6e6">
	<TD align=right>
<FONT size=1 face="sans-serif">80</FONT>&nbsp;
	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">&nbsp;&nbsp;&nbsp; <FONT size=1 face="sans-serif"></FONT>&nbsp;&nbsp;&nbsp; <FONT size=1 face="sans-serif"></FONT>5.25%, 9/1/28, (Pre-refunded @ &#36;102, 9/1/09) (a)</FONT>&nbsp;
	</TD>
	<TD align=center>
<FONT size=1 face="sans-serif">Aa3/AA</FONT>&nbsp;
	</TD>
	<TD align=right>
<FONT size=1 face="sans-serif">84,678</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=right>
<FONT size=1 face="sans-serif">8,850</FONT>&nbsp;
	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">&nbsp;&nbsp;&nbsp; <FONT size=1 face="sans-serif"></FONT>North General Hospital, 5.00%, 2/15/25</FONT>&nbsp;
	</TD>
	<TD align=center>
<FONT size=1 face="sans-serif">NR/AA-</FONT>&nbsp;
	</TD>
	<TD align=right>
<FONT size=1 face="sans-serif">9,266,215</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom" bgcolor="#e6e6e6">
	<TD align=right>
<FONT size=1 face="sans-serif">5,000</FONT>&nbsp;
	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">&nbsp;&nbsp;&nbsp; <FONT size=1 face="sans-serif"></FONT>Rochester Hospital, 5.00%, 12/1/35 (Radian)(g)</FONT>&nbsp;
	</TD>
	<TD align=center>
<FONT size=1 face="sans-serif">NR/NR</FONT>&nbsp;
	</TD>
	<TD align=right>
<FONT size=1 face="sans-serif">5,316,100</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=right>
<FONT size=1 face="sans-serif">1,500</FONT>&nbsp;
	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">&nbsp;&nbsp;&nbsp; <FONT size=1 face="sans-serif"></FONT>Sloan-Kettering Center Memorial, 5.00%, 7/1/34, Ser. 1</FONT>&nbsp;
	</TD>
	<TD align=center>
<FONT size=1 face="sans-serif">Aa2/AA</FONT>&nbsp;
	</TD>
	<TD align=right>
<FONT size=1 face="sans-serif">1,577,850</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom" bgcolor="#e6e6e6">
	<TD align=right>
<FONT size=1 face="sans-serif">5,000</FONT>&nbsp;
	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">&nbsp;&nbsp;&nbsp; <FONT size=1 face="sans-serif"></FONT>St. Barnabas Hospital, 5.00%, 2/1/31, Ser. A (AMBAC-FHA)</FONT>&nbsp;
	</TD>
	<TD align=center>
<FONT size=1 face="sans-serif">Aaa/AAA</FONT>&nbsp;
	</TD>
	<TD align=right>
<FONT size=1 face="sans-serif">5,243,200</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=right>
<FONT size=1 face="sans-serif">8,600</FONT>&nbsp;
	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">&nbsp;&nbsp;&nbsp; <FONT size=1 face="sans-serif"></FONT>State Personal Income Tax, 5.00%, 3/15/32, (Pre-refunded @ &#36;100, 3/15/13) (a)</FONT>&nbsp;
	</TD>
	<TD align=center>
<FONT size=1 face="sans-serif">Aa3/AAA</FONT>&nbsp;
	</TD>
	<TD align=right>
<FONT size=1 face="sans-serif">9,247,064</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom" bgcolor="#e6e6e6">
	<TD align=right>
<FONT size=1 face="sans-serif">1,250</FONT>&nbsp;
	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">&nbsp;&nbsp;&nbsp; <FONT size=1 face="sans-serif"></FONT>Student Housing Corp., 5.125%, 7/1/34 (FGIC)</FONT>&nbsp;
	</TD>
	<TD align=center>
<FONT size=1 face="sans-serif">Aaa/AAA</FONT>&nbsp;
	</TD>
	<TD align=right>
<FONT size=1 face="sans-serif">1,349,950</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=right>
<FONT size=1 face="sans-serif">4,270</FONT>&nbsp;
	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">&nbsp;&nbsp;&nbsp; <FONT size=1 face="sans-serif"></FONT>Teachers College, 5.00%, 7/1/32 (MBIA)</FONT>&nbsp;
	</TD>
	<TD align=center>
<FONT size=1 face="sans-serif">Aaa/NR</FONT>&nbsp;
	</TD>
	<TD align=right>
<FONT size=1 face="sans-serif">4,501,946</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom" bgcolor="#e6e6e6">
	<TD align=right>
<FONT size=1 face="sans-serif">2,000</FONT>&nbsp;
	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">&nbsp;&nbsp;&nbsp; <FONT size=1 face="sans-serif"></FONT>Yeshiva Univ., 5.125%, 7/1/34 (AMBAC)</FONT>&nbsp;
	</TD>
	<TD align=center>
<FONT size=1 face="sans-serif">Aaa/NR</FONT>&nbsp;
	</TD>
	<TD align=right>
<FONT size=1 face="sans-serif">2,159,920</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=right>
<FONT size=1 face="sans-serif">2,000</FONT>&nbsp;
	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">State Environmental Facs. Corp., State Clean Water &amp; Drinking Rev., 5.125%, 6/15/31</FONT>&nbsp;
	</TD>
	<TD align=center>
<FONT size=1 face="sans-serif">Aaa/AAA</FONT>&nbsp;
	</TD>
	<TD align=right>
<FONT size=1 face="sans-serif">2,121,600</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom" bgcolor="#e6e6e6">
	<TD align=right>
<FONT size=1 face="sans-serif">6,100</FONT>&nbsp;
	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">State Urban Dev. Corp., Personal Income Tax Rev.,</FONT>&nbsp;
	</TD>
	<TD align=left>&nbsp;

	</TD>
	<TD align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom" bgcolor="#e6e6e6">
	<TD align=left>&nbsp;

	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">&nbsp;&nbsp;&nbsp; <FONT size=1 face="sans-serif"></FONT>5.00%, 3/15/33, Ser. C-1, (Pre-refunded @ &#36;100, 3/15/13) (a)</FONT>&nbsp;
	</TD>
	<TD align=center>
<FONT size=1 face="sans-serif">Aa3/AAA</FONT>&nbsp;
	</TD>
	<TD align=right>
<FONT size=1 face="sans-serif">6,558,964</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left>&nbsp;

	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">Tobacco Settlement Asset Backed, Inc. Rev., Ser.1,</FONT>&nbsp;
	</TD>
	<TD align=left>&nbsp;

	</TD>
	<TD align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom" bgcolor="#e6e6e6">
	<TD align=right>
<FONT size=1 face="sans-serif">25,000</FONT>&nbsp;
	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">&nbsp;&nbsp;&nbsp; <FONT size=1 face="sans-serif"></FONT>5.00%, 6/1/34</FONT>&nbsp;
	</TD>
	<TD align=center>
<FONT size=1 face="sans-serif">NR/BBB</FONT>&nbsp;
	</TD>
	<TD align=right>
<FONT size=1 face="sans-serif">25,442,500</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=right>
<FONT size=1 face="sans-serif">25,000</FONT>&nbsp;
	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">&nbsp;&nbsp;&nbsp; <FONT size=1 face="sans-serif"></FONT>5.75%, 7/15/32, (Pre-refunded @ &#36;100, 7/15/12) (a)</FONT>&nbsp;
	</TD>
	<TD align=center>
<FONT size=1 face="sans-serif">Aaa/AAA</FONT>&nbsp;
	</TD>
	<TD align=right>
<FONT size=1 face="sans-serif">27,585,250</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom" bgcolor="#e6e6e6">
	<TD align=right>
<FONT size=1 face="sans-serif">10,000</FONT>&nbsp;
	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">&nbsp;&nbsp;&nbsp; <FONT size=1 face="sans-serif"></FONT>6.375%, 7/15/39, (Pre-refunded @ &#36;101, 7/15/09) (a)</FONT>&nbsp;
	</TD>
	<TD align=center>
<FONT size=1 face="sans-serif">Aaa/AAA</FONT>&nbsp;
	</TD>
	<TD align=right>
<FONT size=1 face="sans-serif">10,721,200</FONT>&nbsp;
	</TD>
</TR>
</TABLE>
<BR>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P><PAGE>

<!--$$/page=-->

<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
	<TD align=left colspan=3>
<B><FONT size=2 face="sans-serif">PIMCO New York Municipal Income Fund II Schedule of Investments</FONT></B>&nbsp;
	</TD>
	<TD align=left>&nbsp;

	</TD>
	<TD align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan=3 style="border-bottom:1px solid #000000;">
<FONT size=1 face="sans-serif">February 28, 2007 (unaudited)</FONT>&nbsp;
	</TD>
	<TD align=left style="border-bottom:1px solid #000000;">&nbsp;

	</TD>
	<TD align=left style="border-bottom:1px solid #000000;">&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD align=right>
      <center>
        <FONT size=1 face="sans-serif">Principal</FONT>&nbsp;
      </center></TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>&nbsp;

	</TD>
	<TD align=left>&nbsp;

	</TD>
	<TD align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD align=center>
<FONT size=1 face="sans-serif">Amount</FONT>&nbsp;
	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>&nbsp;

	</TD>
	<TD align=center>
<FONT size=1 face="sans-serif">Credit Rating</FONT>&nbsp;
	</TD>
	<TD align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD align=center style="border-bottom:3px solid #000000;">
<FONT size=1 face="sans-serif">(000)</FONT>&nbsp;
	</TD>
	<TD style="border-bottom:3px solid #000000;">&nbsp;
	</TD>
	<TD align=left style="border-bottom:3px solid #000000;">&nbsp;

	</TD>
	<TD align=center style="border-bottom:3px solid #000000;">
<FONT size=1 face="sans-serif">(Moody's/S&amp;P)</FONT>&nbsp;
	</TD>
	<TD align=right style="border-bottom:3px solid #000000;">
<FONT size=1 face="sans-serif">Value*</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left>&nbsp;

	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">Triborough Bridge &amp; Tunnel Auth. Rev. (FGIC-TCRS),</FONT>&nbsp;
	</TD>
	<TD align=left>&nbsp;

	</TD>
	<TD align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom" bgcolor="#e6e6e6">
	<TD align=right>
<FONT size=1 face="sans-serif">&#36;710</FONT>&nbsp;
	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">&nbsp;&nbsp;&nbsp; <FONT size=1 face="sans-serif"></FONT>5.00%, 1/1/32</FONT>&nbsp;
	</TD>
	<TD align=center>
<FONT size=1 face="sans-serif">Aaa/AAA</FONT>&nbsp;
	</TD>
	<TD align=right>
<FONT size=1 face="sans-serif">&#36;745,266</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=right>
<FONT size=1 face="sans-serif">3,990</FONT>&nbsp;
	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">&nbsp;&nbsp;&nbsp; <FONT size=1 face="sans-serif"></FONT>5.00%, 1/1/32, (Pre-refunded @ &#36;100, 1/1/12) (a)</FONT>&nbsp;
	</TD>
	<TD align=center>
<FONT size=1 face="sans-serif">Aaa/AAA</FONT>&nbsp;
	</TD>
	<TD align=right>
<FONT size=1 face="sans-serif">4,236,861</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom" bgcolor="#e6e6e6">
	<TD align=right>
<FONT size=1 face="sans-serif">2,000</FONT>&nbsp;
	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">Warren &amp; Washington Cntys. Industrial Dev. Agcy. Fac. Rev., Glens Falls Hospital,</FONT>&nbsp;
	</TD>
	<TD align=left>&nbsp;

	</TD>
	<TD align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom" bgcolor="#e6e6e6">
	<TD align=left>&nbsp;

	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">&nbsp;&nbsp;&nbsp; <FONT size=1 face="sans-serif"></FONT>5.00%, 12/1/35, Ser. A (FSA)</FONT>&nbsp;
	</TD>
	<TD align=center>
<FONT size=1 face="sans-serif">Aaa/AAA</FONT>&nbsp;
	</TD>
	<TD align=right>
<FONT size=1 face="sans-serif">2,113,360</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=right>
<FONT size=1 face="sans-serif">750</FONT>&nbsp;
	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">Westchester Cnty. Industrial Dev. Agcy. Continuing Care Retirement Rev.,</FONT>&nbsp;
	</TD>
	<TD align=left>&nbsp;

	</TD>
	<TD align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD align=left>&nbsp;

	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">&nbsp;&nbsp;&nbsp; <FONT size=1 face="sans-serif"></FONT>Kendal on Hudson, 6.50%, 1/1/34</FONT>&nbsp;
	</TD>
	<TD align=center>
<FONT size=1 face="sans-serif">NR/NR</FONT>&nbsp;
	</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="sans-serif">806,940</FONT>&nbsp;
	</TD>
</TR>
<TR>
	<TD colspan=5>&nbsp;

	</TD>
</TR>
<TR valign="bottom" bgcolor="#e6e6e6">
	<TD align=left>&nbsp;

	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">Total New York Municipal Bonds &amp; Notes (cost&#151;&#36;241,215,161)</FONT>&nbsp;
	</TD>
	<TD align=left>&nbsp;

	</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="sans-serif">256,091,978</FONT>&nbsp;
	</TD>
</TR>
<TR>
	<TD colspan=5>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan=3>
<B><FONT size=1 face="sans-serif">OTHER MUNICIPAL BONDS &amp; NOTES&#151;6.0%</FONT></B>&nbsp;
	</TD>
	<TD align=left>&nbsp;

	</TD>
	<TD align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD align=left>&nbsp;

	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<B><FONT size=1 face="sans-serif">California&#151;3.1%</FONT></B>&nbsp;
	</TD>
	<TD align=left>&nbsp;

	</TD>
	<TD align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD align=left>&nbsp;

	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">Alameda Unified School Dist., Alameda Cnty., GO, Ser. A (FSA),</FONT>&nbsp;
	</TD>
	<TD align=left>&nbsp;

	</TD>
	<TD align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom" bgcolor="#e6e6e6">
	<TD align=right>
<FONT size=1 face="sans-serif">3,500</FONT>&nbsp;
	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">&nbsp;&nbsp;&nbsp; <FONT size=1 face="sans-serif"></FONT>zero coupon, 8/1/24</FONT>&nbsp;
	</TD>
	<TD align=center>
<FONT size=1 face="sans-serif">Aaa/AAA</FONT>&nbsp;
	</TD>
	<TD align=right>
<FONT size=1 face="sans-serif">1,680,455</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=right>
<FONT size=1 face="sans-serif">3,000</FONT>&nbsp;
	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">&nbsp;&nbsp;&nbsp; <FONT size=1 face="sans-serif"></FONT>zero coupon, 8/1/25</FONT>&nbsp;
	</TD>
	<TD align=center>
<FONT size=1 face="sans-serif">Aaa/AAA</FONT>&nbsp;
	</TD>
	<TD align=right>
<FONT size=1 face="sans-serif">1,373,490</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom" bgcolor="#e6e6e6">
	<TD align=right>
<FONT size=1 face="sans-serif">5,000</FONT>&nbsp;
	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">California Cnty., Tobacco Securitization Agcy. Rev.,</FONT>&nbsp;
	</TD>
	<TD align=center>
<FONT size=1 face="sans-serif">Baa3/NR</FONT>&nbsp;
	</TD>
	<TD align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD align=left>&nbsp;

	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">&nbsp;&nbsp;&nbsp; <FONT size=1 face="sans-serif"></FONT>zero coupon, 6/1/28</FONT>&nbsp;
	</TD>
	<TD align=left>&nbsp;

	</TD>
	<TD align=right>
<FONT size=1 face="sans-serif">4,296,450</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom" bgcolor="#e6e6e6">
	<TD align=right>
<FONT size=1 face="sans-serif">3,130</FONT>&nbsp;
	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">Covina Valley Unified School Dist., GO, zero coupon, 6/1/25, Ser. B (FGIC)</FONT>&nbsp;
	</TD>
	<TD align=center>
<FONT size=1 face="sans-serif">Aaa/AAA</FONT>&nbsp;
	</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="sans-serif">1,443,181</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left>&nbsp;

	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>&nbsp;

	</TD>
	<TD align=left>&nbsp;

	</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="sans-serif">8,793,576</FONT>&nbsp;
	</TD>
</TR>
<TR>
	<TD colspan=5>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD align=left>&nbsp;

	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<B><FONT size=1 face="sans-serif">Colorado&#151;0.0%</FONT></B>&nbsp;
	</TD>
	<TD align=left>&nbsp;

	</TD>
	<TD align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom" bgcolor="#e6e6e6">
	<TD align=right>
<FONT size=1 face="sans-serif">210</FONT>&nbsp;
	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">Dawson Ridge Dist. No. 1, GO, zero coupon, 10/1/22, Ser. A</FONT>&nbsp;
	</TD>
	<TD align=center>
<FONT size=1 face="sans-serif">Aaa/NR</FONT>&nbsp;
	</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="sans-serif">108,929</FONT>&nbsp;
	</TD>
</TR>
<TR>
	<TD colspan=5>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD align=left>&nbsp;

	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<B><FONT size=1 face="sans-serif">Puerto Rico&#151;2.9%</FONT></B>&nbsp;
	</TD>
	<TD align=left>&nbsp;

	</TD>
	<TD align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD align=right>
<FONT size=1 face="sans-serif">5,675</FONT>&nbsp;
	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">Children's Trust Fund, Tobacco Settlement Rev., 5.625%, 5/15/43</FONT>&nbsp;
	</TD>
	<TD align=center>
<FONT size=1 face="sans-serif">Baa3/BBB</FONT>&nbsp;
	</TD>
	<TD align=right>
<FONT size=1 face="sans-serif">5,983,493</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom" bgcolor="#e6e6e6">
	<TD align=right>
<FONT size=1 face="sans-serif">1,500</FONT>&nbsp;
	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">Commonwealth Highway &amp; Transportation Auth. Rev.,</FONT>&nbsp;
	</TD>
	<TD align=left>&nbsp;

	</TD>
	<TD align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD align=left>&nbsp;

	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">&nbsp;&nbsp;&nbsp; <FONT size=1 face="sans-serif"></FONT>5.25%, 7/1/38, Ser. D, (Pre-refunded @ &#36;100, 7/1/12) (a)</FONT>&nbsp;
	</TD>
	<TD align=center>
<FONT size=1 face="sans-serif">Baa3/AAA</FONT>&nbsp;
	</TD>
	<TD align=right>
<FONT size=1 face="sans-serif">1,619,580</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom" bgcolor="#e6e6e6">
	<TD align=right>
<FONT size=1 face="sans-serif">750</FONT>&nbsp;
	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">Electric Power Auth., Power Rev., 5.125%, 7/1/29, Ser. NN</FONT>&nbsp;
	</TD>
	<TD align=center>
<FONT size=1 face="sans-serif">A3/BBB+</FONT>&nbsp;
	</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="sans-serif">796,680</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left>&nbsp;

	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>&nbsp;

	</TD>
	<TD align=left>&nbsp;

	</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="sans-serif">8,399,753</FONT>&nbsp;
	</TD>
</TR>
<TR>
	<TD colspan=5>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD align=left>&nbsp;

	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">Total Other Municipal Bonds &amp; Notes (cost&#151;&#36;15,695,851)</FONT>&nbsp;
	</TD>
	<TD align=left>&nbsp;

	</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="sans-serif">17,302,258</FONT>&nbsp;
	</TD>
</TR>
<TR>
	<TD colspan=5>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan=3>
<B><FONT size=1 face="sans-serif">NEW YORK VARIABLE RATE NOTES </FONT></B><FONT size=1 face="sans-serif">(b)(c)(d)</FONT><B><FONT size=1 face="sans-serif">&#151;2.8%</FONT></B>&nbsp;
	</TD>
	<TD align=left>&nbsp;

	</TD>
	<TD align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom" bgcolor="#e6e6e6">
	<TD align=right>
<FONT size=1 face="sans-serif">5,595</FONT>&nbsp;
	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">Long Island Power Auth. Electric System Rev.,</FONT>&nbsp;
	</TD>
	<TD align=left>&nbsp;

	</TD>
	<TD align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD align=left>&nbsp;

	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">&nbsp;&nbsp;&nbsp; <FONT size=1 face="sans-serif"></FONT>10.69%, 12/1/26, Ser. 339 (MBIA-IBC)</FONT>&nbsp;
	</TD>
	<TD align=center>
<FONT size=1 face="sans-serif">Aaa/NR</FONT>&nbsp;
	</TD>
	<TD align=right>
<FONT size=1 face="sans-serif">6,432,571</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom" bgcolor="#e6e6e6">
	<TD align=right>
<FONT size=1 face="sans-serif">1,300</FONT>&nbsp;
	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">State Urban Dev. Corp. Rev., 9.737%, 3/15/35</FONT>&nbsp;
	</TD>
	<TD align=center>
<FONT size=1 face="sans-serif">NR/AAA</FONT>&nbsp;
	</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="sans-serif">1,728,675</FONT>&nbsp;
	</TD>
</TR>
<TR>
	<TD colspan=5>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD align=left>&nbsp;

	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">Total New York Variable Rate Notes (cost&#151;&#36;7,025,099)</FONT>&nbsp;
	</TD>
	<TD align=left>&nbsp;

	</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="sans-serif">8,161,246</FONT>&nbsp;
	</TD>
</TR>
<TR>
	<TD colspan=5>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan=3>
<B><FONT size=1 face="sans-serif">OTHER VARIABLE RATE NOTES </FONT></B><FONT size=1 face="sans-serif">(d)</FONT><B><FONT size=1 face="sans-serif">&#151;0.7%</FONT></B>&nbsp;
	</TD>
	<TD align=left>&nbsp;

	</TD>
	<TD align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD align=left>&nbsp;

	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<B><FONT size=1 face="sans-serif">Puerto Rico&#151;0.7%</FONT></B>&nbsp;
	</TD>
	<TD align=left>&nbsp;

	</TD>
	<TD align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom" bgcolor="#e6e6e6">
	<TD align=right>
<FONT size=1 face="sans-serif">1,900</FONT>&nbsp;
	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">Public Finance Corp. Rev., 5.75%, 8/1/27, Ser. A (cost&#151;&#36;2,005,436)</FONT>&nbsp;
	</TD>
	<TD align=center>
<FONT size=1 face="sans-serif">Ba1/BBB-</FONT>&nbsp;
	</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="sans-serif">2,046,699</FONT>&nbsp;
	</TD>
</TR>
<TR>
	<TD colspan=5>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan=3>
<B><FONT size=1 face="sans-serif">NEW YORK VARIABLE RATE DEMAND NOTES </FONT></B><FONT size=1 face="sans-serif">(d)(e)</FONT><B><FONT size=1 face="sans-serif">&#151;1.3%</FONT></B>&nbsp;
	</TD>
	<TD align=left>&nbsp;

	</TD>
	<TD align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD align=right>
<FONT size=1 face="sans-serif">2,900</FONT>&nbsp;
	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">Long Island Power Auth. Electric System Rev., 3.61%, 3/1/07, Ser. 1B</FONT>&nbsp;
	</TD>
	<TD align=center>
<FONT size=1 face="sans-serif">VMIG1/A-1+</FONT>&nbsp;
	</TD>
	<TD align=right>
<FONT size=1 face="sans-serif">2,900,000</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom" bgcolor="#e6e6e6">
	<TD align=right>
<FONT size=1 face="sans-serif">300</FONT>&nbsp;
	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">New York City, GO, 3.63%, 3/1/07, Ser. B (MBIA)</FONT>&nbsp;
	</TD>
	<TD align=center>
<FONT size=1 face="sans-serif">VMIG1/A-1+</FONT>&nbsp;
	</TD>
	<TD align=right>
<FONT size=1 face="sans-serif">300,000</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=right>
<FONT size=1 face="sans-serif">600</FONT>&nbsp;
	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">New York City Transitional Finance Auth. Rev., 3.60%, 3/1/07, Ser. 3, VRN</FONT>&nbsp;
	</TD>
	<TD align=center>
<FONT size=1 face="sans-serif">VMIG1/A-1+</FONT>&nbsp;
	</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="sans-serif">600,000</FONT>&nbsp;
	</TD>
</TR>
<TR>
	<TD colspan=5>&nbsp;

	</TD>
</TR>
<TR valign="bottom" bgcolor="#e6e6e6">
	<TD align=left>&nbsp;

	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">Total New York Variable Rate Demand Notes (cost&#151;&#36;3,800,000)</FONT>&nbsp;
	</TD>
	<TD align=left>&nbsp;

	</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="sans-serif">3,800,000</FONT>&nbsp;
	</TD>
</TR>
<TR>
	<TD colspan=5>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan=3>
<B><FONT size=1 face="sans-serif">U.S. TREASURY BILLS </FONT></B><FONT size=1 face="sans-serif">(f)</FONT><B><FONT size=1 face="sans-serif">&#151;0.4%</FONT></B>&nbsp;
	</TD>
	<TD align=left>&nbsp;

	</TD>
	<TD align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD align=right>
<FONT size=1 face="sans-serif">1,045</FONT>&nbsp;
	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<FONT size=1 face="sans-serif">4.795%-4.805%, 3/15/07 (cost&#151;&#36;1,043,051)</FONT>&nbsp;
	</TD>
	<TD align=left>&nbsp;

	</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="sans-serif">1,043,051</FONT>&nbsp;
	</TD>
</TR>
<TR>
	<TD colspan=5>&nbsp;

	</TD>
</TR>
<TR valign="bottom" bgcolor="#e6e6e6">
	<TD align=left>&nbsp;

	</TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
<B><FONT size=1 face="sans-serif">Total Investments </FONT></B><FONT size=1 face="sans-serif">(cost&#151;&#36;270,784,548)&#151;</FONT><B><FONT size=1 face="sans-serif">100.0%</FONT></B>&nbsp;
	</TD>
	<TD align=left>&nbsp;

	</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="sans-serif">&#36;288,445,232</FONT></B>&nbsp;
	</TD>
</TR>
</TABLE>
<BR>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P><PAGE>

<!--$$/page=-->
<A name="page_3"></A>

<P align="left">

<B><FONT size=2 face="sans-serif">Notes to Schedule of Investments:</FONT></B>
</P>
<TABLE border=0 cellspacing=0 cellpadding=0>
<TR>
	<TD width="3%" valign=top nowrap><FONT size=1 face="sans-serif">*</FONT></TD>
	<TD width=97% valign="bottom">

<FONT size=1 face="sans-serif">Portfolio securities and other financial instruments for which market quotations are readily available are stated at market value. Portfolio securities and other financial instruments for which market quotations are
not readily available or if a development/event occurs that may significantly
impact the value of a security are fair-valued, in good faith, pursuant to
guidelines established by the Board of Trustees. The Fund's investments are
valued daily using prices supplied by an independent pricing service or dealer
quotations, or are valued at the last sale price on the exchange that is the
primary market for such securities, or the quoted mean price for those
securities for which the over-the-counter market is the primary market or for
listed securities in which there were no sales. Independent pricing services
use information provided by market makers or estimates of market values
obtained from yield data relating to investments or securities with similar
characteristics. Exchange traded options and futures are valued at the
settlement price determined by the relevant exchange. Short-term securities
maturing in 60 days or less are valued at amortized cost, if their original term
to maturity was 60 days or less, or by amortizing their value on the 61st day
prior to maturity, if the original term to maturity exceeded 60 days. The prices
used by the Fund to value securities may differ from the value that would be
realized if the securities were sold. The Fund's net asset value is determined
daily as of the close of regular trading (normally, 4:00 p.m. Eastern time) on
the New York Stock Exchange ("NYSE") on each day the NYSE is open for
business.</FONT></TD>
</TR>

<TR><TD colspan=2>&nbsp;</TD></TR></TABLE>
<TABLE border=0 cellspacing=0 cellpadding=0>
<TR align="left" valign="top">
  <TD width="3%" nowrap><FONT size=1 face="sans-serif">(a)</FONT></TD>
	<TD width=97%>
<FONT size=1 face="sans-serif">Pre-refunded bonds are collateralized by U.S. Government or other eligible securities which are held in escrow and used to pay principal and interest and retire the bonds at the earliest refunding date (payment
date).</FONT></TD>
</TR>
<TR align="left" valign="top">
	<TD nowrap>
<FONT size=1 face="sans-serif">(b)</FONT></TD>
	<TD width=97%>
<FONT size=1 face="sans-serif">144A Security - Security exempt from registration, under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, typically only to qualified institutional
buyers. Unless otherwise indicated, these securities are not considered to be illiquid.</FONT></TD>
</TR>
<TR align="left" valign="top">
	<TD nowrap>
<FONT size=1 face="sans-serif">(c)</FONT></TD>
	<TD width=97%>
<FONT size=1 face="sans-serif">Inverse Floaters  - The interest rate shown bears an inverse relationship to the interest rate on another security or the value of an
index.</FONT></TD>
</TR>
<TR align="left" valign="top">
	<TD nowrap>
<FONT size=1 face="sans-serif">(d)</FONT></TD>
	<TD width=97%>
<FONT size=1 face="sans-serif">Variable Rate Notes - instruments whose interest rates change on specified date (such as a coupon date or interest payment date) and/or whose interest rates vary with changes in a designated base rate (such as the
prime interest rate). The interest rate disclosed reflects the rate in effect on February 28, 2007.</FONT></TD>
</TR>
<TR align="left" valign="top">
	<TD nowrap>
<FONT size=1 face="sans-serif">(e)</FONT></TD>
	<TD width=97%>
<FONT size=1 face="sans-serif">Maturity date shown is date of next put.</FONT></TD>
</TR>
<TR align="left" valign="top">
	<TD nowrap>
<FONT size=1 face="sans-serif">(f)</FONT></TD>
	<TD width=97%>
<FONT size=1 face="sans-serif">All or partial amount segregated as collateral for futures contracts.</FONT></TD>
</TR>
<TR align="left" valign="top">
	<TD nowrap>
<FONT size=1 face="sans-serif">(g)</FONT></TD>
	<TD width=97%>
<FONT size=1 face="sans-serif">Residual Interest Bonds held in trust - represent underlying bonds transferred to a separate securitization trust established in a tender option bond transaction in which the Fund acquired the residual
interest certificates. These securities serve as collateral in a financing transaction.</FONT></TD>
</TR></TABLE>
<br>

<TABLE width="100%" border=0 cellpadding=0 cellspacing=1>
<TR valign="bottom">
	<TD align=left>
<B><U><FONT size=1 face="sans-serif">Glossary:</FONT></U></B>&nbsp;
	</TD>
  </TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="sans-serif">AMBAC - insured by American Municipal Bond Assurance Corp.</FONT>&nbsp;
	</TD>
  </TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="sans-serif">FGIC - insured by Financial Guaranty Insurance Co.</FONT>&nbsp;
	</TD>
  </TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="sans-serif">FHA - insured by Federal Housing Administration</FONT>&nbsp;
	</TD>
  </TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="sans-serif">FSA - insured by Financial Security Assurance, Inc.</FONT>&nbsp;
	</TD>
  </TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="sans-serif">GNMA - insured by Government National Mortgage Association</FONT>&nbsp;
	</TD>
  </TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="sans-serif">GO - General Obligation Bond</FONT>&nbsp;
	</TD>
  </TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="sans-serif">IBC - Insurance Bond Certificate</FONT>&nbsp;
	</TD>
  </TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="sans-serif">MBIA - insured by Municipal Bond Investors Assurance</FONT>&nbsp;
	</TD>
  </TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="sans-serif">NR - Not Rated</FONT>&nbsp;
	</TD>
  </TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="sans-serif">Radian - insured by Radian Guaranty, Inc.</FONT>&nbsp;
	</TD>
  </TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="sans-serif">TCRS - Temporary Custodian Receipts</FONT>&nbsp;
	</TD>
  </TR>
<TR>
	<TD>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=1 face="sans-serif">Other Investments:</FONT></B>&nbsp;
	</TD>
  </TR>
<TR>
	<TD>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="sans-serif">(1) Futures contracts outstanding at February 28, 2007:</FONT>&nbsp;
	</TD>
  </TR>
<TR>
	<TD>&nbsp;

	</TD>
</TR></TABLE>
<br>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
	<TD colspan="2" align=left>&nbsp;

	</TD>
	<TD width="6%" align=left>

	  <center>
    </center></TD>
	<TD width="4%" align=left>&nbsp;</TD>
	<TD colspan="2" align=left>
      <center>
        <FONT size=1 face="sans-serif">Market</FONT>&nbsp;
      </center>
	  <center>
      </center></TD>
	<TD width="14%" align=left>

	  <center>
    </center></TD>
	<TD colspan="2" align=right>
      <center>
        <FONT size=1 face="sans-serif">Unrealized</FONT>&nbsp;
      </center></TD>
  </TR>
<TR valign="bottom">
	<TD colspan="2" align=left>&nbsp;

	</TD>
	<TD align=left>

	  <center>
    </center></TD>
	<TD align=left>&nbsp;</TD>
	<TD colspan="2" align=left>
      <center>
        <FONT size=1 face="sans-serif">Value</FONT>&nbsp;
      </center>
	  <center>
      </center></TD>
	<TD align=center>
      <center>
        <FONT size=1 face="sans-serif">Expiration</FONT>&nbsp;
      </center></TD>
	<TD colspan="2" align=right>
      <center>
        <FONT size=1 face="sans-serif">Appreciation</FONT>&nbsp;
      </center></TD>
  </TR>
<TR valign="bottom">
	<TD colspan="2" align=center style="border-bottom:3px solid #000000;">
<FONT size=1 face="sans-serif">Type</FONT>&nbsp;
	</TD>
	<TD colspan="2" align=right style="border-bottom:3px solid #000000;">
      <center>
        <FONT size=1 face="sans-serif">Contracts</FONT>&nbsp;
      </center></TD>
	<TD colspan="2" align=left style="border-bottom:3px solid #000000;">
      <center>
        <FONT size=1 face="sans-serif">(000)</FONT>&nbsp;
      </center>
	  <center>
      </center></TD>
	<TD align=center style="border-bottom:3px solid #000000;">
      <center>
        <FONT size=1 face="sans-serif">Date</FONT>&nbsp;
      </center></TD>
	<TD colspan="2" align=center style="border-bottom:3px solid #000000;">
      <center>
        <FONT size=1 face="sans-serif">(Depreciation)</FONT>&nbsp;
      </center></TD>
  </TR>
<TR valign="bottom" bgcolor="#e6e6e6">
	<TD align=left>
<FONT size=1 face="sans-serif">Long: </FONT></TD>
	<TD align=left><font size=1 face="sans-serif">U.S. Treasury Notes 5 yr. Futures</font>&nbsp; </TD>
	<TD align=left>
      <div align="right"><FONT size=1 face="sans-serif">189</FONT>&nbsp;
    </div></TD>
	<TD align=left>&nbsp;</TD>
	<TD width="8%" align=left>
      <div align="right"><FONT size=1 face="sans-serif">&#36;20,025</FONT>&nbsp;
    </div></TD>
	<TD width="5%">&nbsp;
	</TD>
	<TD align=left>
      <center>
        <FONT size=1 face="sans-serif">6/29/07</FONT>&nbsp;
    </center></TD>
	<TD width="9%" align=right>
<FONT size=1 face="sans-serif">&#36;131,133</FONT>&nbsp;
	</TD>
    <TD width="5%" align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="sans-serif">Short: </FONT>&nbsp;
	</TD>
	<TD align=left><font size=1 face="sans-serif">U.S. Treasury Bond Futures</font></TD>
	<TD align=right>
<FONT size=1 face="sans-serif">(65)</FONT>&nbsp;
	</TD>
	<TD align=right>&nbsp;</TD>
	<TD align=left>
      <div align="right"><FONT size=1 face="sans-serif">(7,345)</FONT>&nbsp;
      </div></TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
      <center>
        <FONT size=1 face="sans-serif">3/21/07</FONT>&nbsp;
      </center></TD>
	<TD align=right>
<FONT size=1 face="sans-serif">39,610</FONT>&nbsp;
	</TD>
    <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom" bgcolor="#e6e6e6">
	<TD width="4%" align=center>
    <div align="left"></div></TD>
	<TD width="37%" align=center><div align="left"><font size=1 face="sans-serif">U.S. Treasury Bond Futures</font></div></TD>
	<TD align=right>
<FONT size=1 face="sans-serif">(303)</FONT>&nbsp;
	</TD>
	<TD align=right>&nbsp;</TD>
	<TD align=left>
      <div align="right"><FONT size=1 face="sans-serif">(34,220)</FONT>&nbsp;
    </div></TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
      <center>
        <FONT size=1 face="sans-serif">6/30/07</FONT>&nbsp;
    </center></TD>
	<TD align=right>
<FONT size=1 face="sans-serif">4,734</FONT>&nbsp;
	</TD>
    <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=center>
      <div align="left"></div></TD>
	<TD align=center><div align="left"><font size=1 face="sans-serif">U.S. Treasury Notes 10 yr. Futures</font>&nbsp; </div></TD>
	<TD align=right>
<FONT size=1 face="sans-serif">(34)</FONT>&nbsp;
	</TD>
	<TD align=right>&nbsp;</TD>
	<TD align=left>
      <div align="right"><FONT size=1 face="sans-serif">(3,692)</FONT>&nbsp;
      </div></TD>
	<TD>&nbsp;
	</TD>
	<TD align=left>
      <center>
        <FONT size=1 face="sans-serif">6/20/07</FONT>&nbsp;
      </center></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="sans-serif">(19,125)</FONT>&nbsp;
	</TD>
    <TD align=right style="border-bottom:1px solid #000000;">&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD colspan="2" align=left bgcolor="#e6e6e6">&nbsp;

	</TD>
	<TD align=left bgcolor="#e6e6e6">&nbsp;

	</TD>
	<TD align=left bgcolor="#e6e6e6">&nbsp;</TD>
	<TD align=left bgcolor="#e6e6e6">&nbsp;

	</TD>
	<TD bgcolor="#e6e6e6">&nbsp;
	</TD>
	<TD align=left bgcolor="#e6e6e6">&nbsp;

	</TD>
	<TD align=right bgcolor="#e6e6e6" style="border-bottom:3px solid #000000;">
<FONT size=1 face="sans-serif">&#36;156,352</FONT>&nbsp;
	</TD>
    <TD align=right bgcolor="#e6e6e6" style="border-bottom:3px solid #000000;">&nbsp;</TD>
</TR>
</TABLE>
<BR>
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<P align="left" style="page-break-before:always"></P><PAGE><P><P align="left">
<B><FONT size=2 face="serif">Item 2. Controls and Procedures</FONT></B><FONT size=2 face="serif"> </FONT></P>
<P align="left">
<FONT size=2 face="serif">(a) The registrant's President and Chief Executive Officer and Principal Financial Officer have concluded that the registrant's disclosure controls and procedures (as defined in Rule 30a-2(c) under the Investment Company Act of
1940, as amended are effective based on their evaluation of these controls and procedures as of a date within 90 days of the filing date of this document. </FONT></P>

<P align="left"><FONT size=2 face="serif">Prior to reaching this conclusion, the principal officers had become aware of matters relating to the Registrant's participation in certain inverse floater structures that required enhancements to certain controls. The Registrant's management determined that controls relating to the review and analysis of relevant terms and conditions of certain transfers of securities under the provisions of Statement of Financial Accounting Standards No. 140 &#147;Accounting for Transfers and Servicing of Financial Assets and Extinguishments of Liabilities&#148; (&#147;SFAS 140&#148;) were not effective.</FONT></P>

<P align="left"><FONT size=2 face="serif">The Registrant&#146;s Management has taken
such further actions as are necessary to revise its disclosure controls and
procedures in order to increase the effectiveness of these controls with respect
to the accounting treatment of transfers of certain inverse floater
transactions. However, as discussed above, the registrant enhanced controls
related to the accounting treatment of transfers of certain inverse floater
transactions.</FONT></P>

<P align="left">
<FONT size=2 face="serif">(b) In December 2006, the principal executive and financial
officers became aware of matters relating to the Registrant&#146;s purchase of
certain inverse floating rate obligations that required enhancements to certain
controls. The Registrant&#146;s management determined that controls relating to
the review and analysis of the relevant contractual terms and conditions of
transfers of securities in connection with the purchase of certain inverse
floating rate obligations were not effective in identifying whether these
transfers qualified for sale accounting under the provisions of SFAS 140. The
Registrant&#146;s management has taken such further actions as are necessary to
revise its controls and procedures in order to increase the effectiveness of
these controls and procedures in identifying such transactions that require
accounting treatment under SFAS 140.
</FONT></P>
<P align="left">
<B><FONT size=2 face="serif">Item 3. Exhibits</FONT></B><FONT size=2 face="serif"> </FONT></P>
<P align="left">
<FONT size=2 face="serif">(a) Exhibit 99.CERT &#150; Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002</FONT></P>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P><PAGE><P>
<P align="center">
<B><FONT size=2 face="serif">SIGNATURES</FONT></B></P>
<P align="left">
<FONT size=2 face="serif">Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized. </FONT></P>
<P align="left">
<FONT size=2 face="serif">Registrant: PIMCO New York Municipal Income Fund II </FONT></P>
<P align="left">
<FONT size=2 face="serif">By /s/ Brian S. Shlissel<br>
President &amp; Chief Executive Officer</FONT></P>
<P align="left">
<FONT size=2 face="serif">Date: April 27, 2007 </FONT></P>
<P align="left">
<FONT size=2 face="serif">By /s/ Lawrence G. Altadonna<br>
Treasurer, Principal Financial &amp; Accounting Officer</FONT></P>
<P align="left">
<FONT size=2 face="serif">Date: April 27, 2007</FONT></P>
<P align="left">
<FONT size=2 face="serif">Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on
the dated indicated. </FONT></P>
<P align="left">
<FONT size=2 face="serif">By /s/ Brian S. Shlissel <br>
President &amp; Chief Executive Officer</FONT></P>
<P align="left">
<FONT size=2 face="serif">Date: April 27, 2007 </FONT></P>
<P align="left">
<FONT size=2 face="serif">By /s/ Lawrence G. Altadonna<br>
Treasurer, Principal Financial &amp; Accounting Officer</FONT></P>
<P align="left">
<FONT size=2 face="serif">Date: April 27, 2007</FONT></P>

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<TYPE>EX-99.CERT
<SEQUENCE>2
<FILENAME>c48053_ex99cert.htm
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<P align="right">
<B><FONT size=2 face="serif">Exhibit 99.CERT</FONT></B></P>
<P align="center">
<TABLE><TR><TD align="center" nowrap>
<B><FONT size=2 face="serif">CERTIFICATIONS</FONT></B></TD></TR></TABLE>

<P align="left">
<FONT size=2 face="serif">I, Brian S. Shlissel, certify that:</FONT></P>
<TABLE border=0 cellspacing=0 cellpadding=0>
<TR>
	<TD nowrap valign=top>
<FONT size=2 face="serif">1.</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100% colspan=2>
<FONT size=2 face="serif">I have reviewed this report Form N-Q of PIMCO New York Municipal Income Fund II;</FONT>	</TD>
</TR>
<TR><TD colspan=3>&nbsp;</TD></TR><TR>
	<TD nowrap valign=top>
<FONT size=2 face="serif">2.</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100% colspan=2>
<FONT size=2 face="serif">Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements
were made, not misleading with respect to the period covered by the report;</FONT>	</TD>
</TR>
<TR><TD colspan=3>&nbsp;</TD></TR><TR>
	<TD nowrap valign=top>
<FONT size=2 face="serif">3.</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100% colspan=2>
<FONT size=2 face="serif">Based on my knowledge, the schedules on investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is
filed;</FONT>	</TD>
</TR>
<TR><TD colspan=3>&nbsp;</TD></TR><TR>
	<TD nowrap valign=top>
<FONT size=2 face="serif">4.</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100% colspan=2>
<FONT size=2 face="serif">The registrant&#146;s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal
control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:</FONT>	</TD>
</TR>
<TR><TD colspan=3>&nbsp;</TD></TR><TR>
<TD>&nbsp;</TD>	<TD nowrap valign=top>
<FONT size=2 face="serif">a.</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT size=2 face="serif">Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its
consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;</FONT>	</TD>
</TR>
<TR><TD colspan=3>&nbsp;</TD></TR><TR>
<TD>&nbsp;</TD>	<TD nowrap valign=top>
<FONT size=2 face="serif">b.</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT size=2 face="serif">Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial
reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;</FONT>	</TD>
</TR>
<TR><TD colspan=3>&nbsp;</TD></TR><TR>
<TD>&nbsp;</TD>	<TD nowrap valign=top>
<FONT size=2 face="serif">c.</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT size=2 face="serif">Evaluated the effectiveness of the registrant&#146;s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90
days prior to the filing date of this report, based on such evaluation; and</FONT>	</TD>
</TR>
<TR><TD colspan=3>&nbsp;</TD></TR><TR>
<TD>&nbsp;</TD>	<TD nowrap valign=top>
<FONT size=2 face="serif">d.</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT size=2 face="serif">Disclosed in this report any change in the registrant&#146;s internal control over financial reporting that occurred during the registrant&#146;s most recent fiscal quarter that has materially affected, or is reasonably
likely to materially affect, the registrant&#146;s internal control over financial reporting; and</FONT>	</TD>
</TR>
<TR><TD colspan=3>&nbsp;</TD></TR><TR>
	<TD nowrap valign=top>
<FONT size=2 face="serif">5.</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100% colspan=2>
<FONT size=2 face="serif">The registrant&#146;s other certifying officer(s) and I have disclosed to the registrant&#146;s auditors and the audit committee of the registrant&#146;s board of directors (or persons performing the equivalent
functions):</FONT>	</TD>
</TR>
<TR><TD colspan=3>&nbsp;</TD></TR><TR>
<TD>&nbsp;</TD>	<TD nowrap valign=top>
<FONT size=2 face="serif">a.</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT size=2 face="serif">All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant&#146;s ability to record, process,
summarize, and report financial information; and</FONT>	</TD>
</TR>
<TR><TD colspan=3>&nbsp;</TD></TR><TR>
<TD>&nbsp;</TD>	<TD nowrap valign=top>
<FONT size=2 face="serif">b.</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT size=2 face="serif">Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant&#146;s control over financial reporting.</FONT>	</TD>
</TR>
<TR><TD colspan=3>&nbsp;</TD></TR></TABLE>

<P align="left">
<FONT size=2 face="serif">Date: April 27, 2007 <br>
<br>
Signature &amp; Title: /s/ Brian S. Shlissel <br>
Brian S. Shlissel, President &amp; Chief Executive Officer</FONT></P>
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<P align="left" style="page-break-before:always"></P><PAGE>

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<A name="page_2"></A>

<P align="left">
<FONT size=2 face="serif">I, Lawrence G. Altadonna, certify that:</FONT></P>
<TABLE border=0 cellspacing=0 cellpadding=0>
<TR>
	<TD nowrap valign=top>
<FONT size=2 face="serif">1.</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100% colspan=2>
<FONT size=2 face="serif">I have reviewed this report Form N-Q of PIMCO New York Municipal Income Fund II;</FONT>	</TD>
</TR>
<TR><TD colspan=3>&nbsp;</TD></TR><TR>
	<TD nowrap valign=top>
<FONT size=2 face="serif">2.</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100% colspan=2>
<FONT size=2 face="serif">Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which
such statements were made, not misleading with respect to the period covered by the report;</FONT>	</TD>
</TR>
<TR><TD colspan=3>&nbsp;</TD></TR><TR>
	<TD nowrap valign=top>
<FONT size=2 face="serif">3.</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100% colspan=2>
<FONT size=2 face="serif">Based on my knowledge, the schedules on investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report
is filed;</FONT>	</TD>
</TR>
<TR><TD colspan=3>&nbsp;</TD></TR><TR>
	<TD nowrap valign=top>
<FONT size=2 face="serif">4.</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100% colspan=2>
<FONT size=2 face="serif">The registrant&#146;s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of
1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:</FONT>	</TD>
</TR>
<TR><TD colspan=3>&nbsp;</TD></TR><TR>
<TD>&nbsp;</TD>	<TD nowrap valign=top>
<FONT size=2 face="serif">a.</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT size=2 face="serif">Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant,
including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;</FONT>	</TD>
</TR>
<TR><TD colspan=3>&nbsp;</TD></TR><TR>
<TD>&nbsp;</TD>	<TD nowrap valign=top>
<FONT size=2 face="serif">b.</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT size=2 face="serif">Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the
reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;</FONT>	</TD>
</TR>
<TR><TD colspan=3>&nbsp;</TD></TR><TR>
<TD>&nbsp;</TD>	<TD nowrap valign=top>
<FONT size=2 face="serif">c.</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT size=2 face="serif">Evaluated the effectiveness of the registrant&#146;s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a
date within 90 days prior to the filing date of this report, based on such evaluation; and</FONT>	</TD>
</TR>
<TR><TD colspan=3>&nbsp;</TD></TR><TR>
<TD>&nbsp;</TD>	<TD nowrap valign=top>
<FONT size=2 face="serif">d.</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT size=2 face="serif">Disclosed in this report any change in the registrant&#146;s internal control over financial reporting that occurred during the registrant&#146;s most recent fiscal quarter that has materially affected, or
is reasonably likely to materially affect, the registrant&#146;s internal control over financial reporting; and</FONT>	</TD>
</TR>
<TR><TD colspan=3>&nbsp;</TD></TR><TR>
	<TD nowrap valign=top>
<FONT size=2 face="serif">5.</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100% colspan=2>
<FONT size=2 face="serif">The registrant&#146;s other certifying officer(s) and I have disclosed to the registrant&#146;s auditors and the audit committee of the registrant&#146;s board of directors (or persons performing the
equivalent functions):</FONT>	</TD>
</TR>
<TR><TD colspan=3>&nbsp;</TD></TR><TR>
<TD>&nbsp;</TD>	<TD nowrap valign=top>
<FONT size=2 face="serif">a.</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT size=2 face="serif">All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant&#146;s ability to
record, process, summarize, and report financial information; and</FONT>	</TD>
</TR>
<TR><TD colspan=3>&nbsp;</TD></TR><TR>
<TD>&nbsp;</TD>	<TD nowrap valign=top>
<FONT size=2 face="serif">b.</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT size=2 face="serif">Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant&#146;s control over financial reporting.</FONT>	</TD>
</TR>
<TR><TD colspan=3>&nbsp;</TD></TR></TABLE>
<P align="left">
<FONT size=2 face="serif">Date: April 27, 2007 </FONT></P>

<P align="left">
<FONT size=2 face="serif">Signature &amp; Title: /s/ Lawrence G. Altadonna<br>
Lawrence G. Altadonna, Treasurer, Principal Financial &amp; Accounting Officer</FONT></P>

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