<SEC-DOCUMENT>0001013594-19-000753.txt : 20191211
<SEC-HEADER>0001013594-19-000753.hdr.sgml : 20191211
<ACCEPTANCE-DATETIME>20191211172043
ACCESSION NUMBER:		0001013594-19-000753
CONFORMED SUBMISSION TYPE:	DFAN14A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20191211
DATE AS OF CHANGE:		20191211
EFFECTIVENESS DATE:		20191211

SUBJECT COMPANY:	

	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:			1231

	FILING VALUES:
		FORM TYPE:		DFAN14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-21078
		FILM NUMBER:		191280426

	BUSINESS ADDRESS:	
		STREET 1:		1633 BROADWAY
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019
		BUSINESS PHONE:		212-739-3000

	MAIL ADDRESS:	
		STREET 1:		1633 BROADWAY
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Dryden Capital Fund, LP
		CENTRAL INDEX KEY:			0001572780
		IRS NUMBER:				462136535
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		DFAN14A

	BUSINESS ADDRESS:	
		STREET 1:		777 BRICKELL AVENUE
		STREET 2:		SUITE 500
		CITY:			MIAMI
		STATE:			FL
		ZIP:			33133
		BUSINESS PHONE:		(305) 788-2413

	MAIL ADDRESS:	
		STREET 1:		777 BRICKELL AVENUE
		STREET 2:		SUITE 500
		CITY:			MIAMI
		STATE:			FL
		ZIP:			33133
</SEC-HEADER>
<DOCUMENT>
<TYPE>DFAN14A
<SEQUENCE>1
<FILENAME>nymuniincome2dfan14a-121119.htm
<TEXT>
<html>
  <head>
    <title></title>
    <!-- Licensed to: KKWC
         Document created using EDGARfilings PROfile 6.4.0.0
         Copyright 1995 - 2019 Broadridge -->
  </head>
<body bgcolor="#ffffff" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; text-align: left; color: #000000;">
  <div>
    <div style="text-align: center; line-height: 18.25pt; font-size: 14pt; font-weight: bold;">SCHEDULE 14A</div>
    <div style="text-align: center; line-height: 11.4pt; font-weight: bold;">(Rule 14a-101)</div>
    <div style="text-align: center; line-height: 11.4pt; font-weight: bold;">INFORMATION REQUIRED IN PROXY STATEMENT</div>
    <div style="text-align: center; line-height: 18.25pt; font-size: 14pt; font-weight: bold;">SCHEDULE 14A INFORMATION</div>
    <div style="text-align: center; line-height: 11.4pt; font-weight: bold;">PROXY STATEMENT PURSUANT TO SECTION 14(a) OF</div>
    <div style="text-align: center; line-height: 11.4pt; font-weight: bold;">THE SECURITIES EXCHANGE ACT OF 1934</div>
    <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
    </div>
    <div style="text-align: center; line-height: 11.4pt; font-weight: bold;">(Amendment No.&#160; )</div>
    <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
    </div>
    <div style="line-height: 11.4pt; font-weight: bold;">Filed by the Registrant [&#160; ]</div>
    <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
    </div>
    <div style="line-height: 11.4pt; font-weight: bold;">Filed by a Party Other than the Registrant [x]</div>
    <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
    </div>
    <div style="line-height: 11.4pt; font-weight: bold;">Check the Appropriate Box:</div>
    <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
    </div>
    <div style="margin-left: 19.2pt; line-height: 11.4pt;">[&#160; ] Preliminary Proxy Statement</div>
    <div style="text-indent: -14.4pt; margin-left: 33.6pt; line-height: 11.4pt;">[&#160; ] Confidential, for Use of the Commission Only (as permitted by<br>
      Rule 14a-6(e)(2))</div>
    <div style="margin-left: 19.2pt; line-height: 11.4pt;">[&#160; ] Definitive Proxy Statement</div>
    <div style="margin-left: 19.2pt; line-height: 11.4pt;">[X] Definitive Additional Materials</div>
    <div style="margin-left: 19.2pt; line-height: 11.4pt;">[&#160; ] Soliciting Material Pursuant to Rule 14a-11(c) or Rule 14a-12</div>
    <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
    </div>
    <div style="text-align: center; line-height: 18.25pt; font-size: 14pt; font-weight: bold;">PIMCO MUNICIPAL INCOME FUND</div>
    <div style="text-align: center; line-height: 18.25pt; font-size: 14pt; font-weight: bold;">PIMCO CALIFORNIA MUNICIPAL INCOME FUND</div>
    <div style="text-align: center; line-height: 18.25pt; font-size: 14pt; font-weight: bold;">PIMCO NEW YORK MUNICIPAL INCOME FUND</div>
    <div style="text-align: center; line-height: 18.25pt; font-size: 14pt; font-weight: bold;">PIMCO MUNICIPAL INCOME FUND II</div>
    <div style="text-align: center; line-height: 18.25pt; font-size: 14pt; font-weight: bold;">PIMCO CALIFORNIA MUNICIPAL INCOME FUND II</div>
    <div style="text-align: center; line-height: 18.25pt; font-size: 14pt; font-weight: bold;">PIMCO NEW YORK MUNICIPAL INCOME FUND II</div>
    <div style="text-align: center; line-height: 18.25pt; font-size: 14pt; font-weight: bold;">PIMCO MUNICIPAL INCOME FUND III</div>
    <div style="text-align: center; line-height: 18.25pt; font-size: 14pt; font-weight: bold;"><u>PIMCO CALIFORNIA MUNICIPAL INCOME FUND III</u></div>
    <div style="text-align: center; line-height: 11.4pt; font-weight: bold;">(Name of registrant as specified in its charter)</div>
    <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
    </div>
    <div style="text-align: center; line-height: 13.7pt; font-size: 12pt; font-weight: bold;">DRYDEN CAPITAL FUND, LP</div>
    <div style="text-align: center; line-height: 13.7pt; font-size: 12pt; font-weight: bold;">DRYDEN CAPITAL, LLC</div>
    <div style="text-align: center; line-height: 13.7pt; font-size: 12pt; font-weight: bold;">DRYDEN CAPITAL GP, LLC</div>
    <div style="text-align: center; line-height: 13.7pt; font-size: 12pt; font-weight: bold;">T. MATTHEW BUFFINGTON</div>
    <div style="text-align: center; line-height: 13.7pt; font-size: 12pt; font-weight: bold;">MATTHEW C. LEAVITT</div>
    <div style="text-align: center; line-height: 13.7pt; font-size: 12pt; font-weight: bold;"><u>DERRICK A. CLARK</u></div>
    <div style="text-align: center; line-height: 11.4pt; margin-bottom: 6pt; font-weight: bold;">&#160;(Name of person(s) filing proxy statement, if other than the registrant)</div>
    <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
    </div>
    <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
    </div>
    <div style="text-align: justify; line-height: 11.4pt;">Payment of Filing Fee (Check the Appropriate Box):</div>
    <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
    </div>
    <div style="margin-left: 12pt; line-height: 11.4pt;">[X] No fee required.</div>
    <div style="text-align: justify; margin-left: 12pt; line-height: 11.4pt;">[&#160; ] Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.</div>
    <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
    </div>
    <div style="text-align: justify; margin-left: 20pt; line-height: 11.4pt;">(1) Title of each class of securities to which transaction applies:</div>
    <div style="text-align: justify; margin-left: 20pt; line-height: 11.4pt;">(2) Aggregate number of securities to which transaction applies:</div>
    <div style="text-indent: -15.6pt; margin-left: 35.65pt; line-height: 11.4pt;">(3) Per unit price or other underlying value of transaction computed pursuant to<br>
      Exchange Act Rule 0-11 (set forth the amount on which the filing fee is<br>
      calculated and state how it is determined):</div>
    <div style="text-align: justify; margin-left: 20pt; line-height: 11.4pt;">(4) Proposed maximum aggregate value of transaction:</div>
    <div style="text-align: justify; margin-left: 20pt; line-height: 11.4pt;">(5) Total fee paid:</div>
    <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
    </div>
    <div style="text-align: justify; margin-left: 12pt; line-height: 11.4pt;">[&#160; ] Fee paid previously with preliminary materials:</div>
    <div style="line-height: 11.4pt;">
      <div>
        <table cellspacing="0" cellpadding="0" id="zda81c697363346d0809f7dd80ffc31a4" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

            <tr>
              <td style="width: 12pt;"><br>
              </td>
              <td style="width: 9pt; vertical-align: top; align: right;">[</td>
              <td style="width: auto; vertical-align: top;">
                <div>] Check box if any part of the fee is offset as provided by Exchange Act<br>
                  Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the form or schedule and the date of its filing.</div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div style="text-align: justify; margin-left: 20pt; line-height: 11.4pt;">(1) Amount Previously Paid:</div>
    <div style="text-align: justify; margin-left: 20pt; line-height: 11.4pt;">(2) Form, Schedule or Registration Statement no.:</div>
    <div style="text-align: justify; margin-left: 20pt; line-height: 11.4pt;">(3) Filing Party:</div>
    <div style="text-align: justify; margin-left: 20pt; line-height: 11.4pt;">(4) Date Filed:</div>
    <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
    </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div style="text-align: justify; text-indent: 20pt; line-height: 11.4pt;">Dryden Capital Fund, LP, together with the other participants named therein (collectively, &#8220;Dryden&#8221;), has filed
      with the Securities and Exchange Commission a definitive proxy statement and an accompanying <font style="font-weight: bold;">GOLD</font> proxy card to be used to solicit votes for the
      election of its trustee nominee at the upcoming 2019 annual meeting of shareholders of PIMCO Municipal Income Fund (&#8220;PMF&#8221;); PIMCO Municipal Income Fund II (&#8220;PML&#8221;); PIMCO Municipal Income Fund III (&#8220;PMX&#8221;); PIMCO New York Municipal Income Fund (&#8220;PNF&#8221;);
      PIMCO New York Municipal Income Fund II (&#8220;PNI&#8221;); PIMCO California Municipal Income Fund (&#8220;PCQ&#8221;); PIMCO California Municipal Income Fund II (&#8220;PCK&#8221;); and PIMCO California Municipal Income Fund III (&#8220;PZC&#8221;) (each a &#8220;Fund&#8221; and, collectively, &#8220;PIMCO&#8221; or
      the &#8220;Funds&#8221;).</div>
    <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
    </div>
    <div style="text-align: justify; text-indent: 20pt; line-height: 11.4pt;"><font style="color: #000000;">On December 11, 2019,
      </font>Dryden<font style="color: #000000;"> issued the following press release:</font></div>
    <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
    </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
    </div>
    <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
    </div>
    <div style="text-align: center; line-height: 15.95pt; color: #18376A; font-size: 14pt; font-weight: bold;">ISS Recommends that Preferred Shareholders Vote &#8220;FOR&#8221; Dryden&#8217;s Nominee, Derrick A. Clark as a
      Preferred Trustee on Board of Eight PIMCO Funds</div>
    <div style="line-height: 13.7pt;"><br style="line-height: 13.7pt;">
    </div>
    <div style="text-align: center; line-height: 13.7pt; color: #000000; font-size: 12pt; font-style: italic;">Leading proxy advisory firm recommends preferred shareholders return the GOLD proxy card to vote
      FOR the election of Derrick A. Clark to the Board, &#8220;as additional shareholder perspective on the board appears warranted&#8221;*</div>
    <div style="line-height: 13.7pt;"><br style="line-height: 13.7pt;">
    </div>
    <div style="text-align: justify; line-height: 13.7pt; color: #000000; font-size: 12pt;">NEW YORK, December 11, 2019 -- Dryden Capital Fund, LP and its affiliates (collectively, "Dryden" or "we"), a
      preferred shareholder of PIMCO Municipal Income Fund ("PMF"); PIMCO Municipal Income Fund II ("PML"); PIMCO Municipal Income Fund III ("PMX"); PIMCO New York Municipal Income Fund ("PNF"); PIMCO New York Municipal Income Fund II ("PNI"); PIMCO
      California Municipal Income Fund ("PCQ"); PIMCO California Municipal Income Fund II ("PCK"); and PIMCO California Municipal Income Fund III ("PZC") (each a "Fund" and, collectively, "PIMCO" or the "Funds"), announced today that Institutional
      Shareholder Services (&#8220;ISS&#8221;), one of the world&#8217;s leading independent proxy advisor firms, is recommending that PIMCO preferred shareholders vote &#8220;FOR&#8221; the election of the Dryden nominee, Derrick A. Clark, to serve as one of the preferred trustees on
      the Funds&#8217; boards.&#160; PIMCO&#8217;s joint annual meeting is scheduled to be held on December 17, 2019, in New York, New York.</div>
    <div style="line-height: 13.7pt;"><br style="line-height: 13.7pt;">
    </div>
    <div style="text-align: justify; line-height: 13.7pt; font-size: 12pt;"><font style="color: #000000;">T. Matthew Buffington and Matthew C.
        Leavitt, founding partners at Dryden, commented, &#8220;We are pleased that ISS has recommended Dryden&#8217;s nominee for election to the Funds&#8217; boards.&#160; As an unbiased third party, ISS&#8217;s decision validates the need to fill both preferred trustee seats with
        trustees who are aligned with all stakeholders and who bring a fresh perspective to difficult topics.&#160; </font>&#160;<font style="color: #000000;">Preferred shareholders made their voice
        heard at last year&#8217;s meeting; now we hope they&#8217;ll follow ISS&#8217;s recommendation and valued independent opinion to make their voice heard again this year.&#8221;</font></div>
    <div style="line-height: 13.7pt;"><br style="line-height: 13.7pt;">
    </div>
    <div style="text-align: justify; line-height: 13.7pt; color: #000000; font-size: 12pt;">In summarizing its recommendations, ISS commented, &#8220;The fact that [PIMCO&#8217;s] board has failed to provide full liquidity
      to ARPS holders by not keeping pace with municipal CEF industry ARPS redemptions, and that [PIMCO&#8217;s] tender offer price at 85 percent of par was below where its peers have provided liquidity to their own ARPS holders, suggests that additional
      shareholder perspective on the board might be beneficial to ARPS holders by requesting that [PIMCO&#8217;s] board afford ARPS holders a means to obtain liquidity for their shares in line with peers.&#160; As such, support FOR Dryden's nominee, Derrick A. Clark,
      is warranted.&#8221;*</div>
    <div style="line-height: 13.7pt;"><br style="line-height: 13.7pt;">
    </div>
    <div style="text-align: justify; line-height: 13.7pt; color: #000000; font-size: 12pt; font-weight: bold;">VOTE THE GOLD PROXY CARD TODAY TO DRIVE NEEDED CHANGE</div>
    <div style="line-height: 13.7pt;"><br style="line-height: 13.7pt;">
    </div>
    <div style="text-align: justify; line-height: 13.7pt; color: #000000; font-size: 12pt;">Dryden urges all preferred shareholders to follow ISS&#8217;s recommendation &#8211; it is important that preferred shareholders
      sign, date, and return the GOLD proxy card TODAY to vote FOR the election of Mr. Clark to the Board.&#160; The preferred shareholders of the Funds should not return the WHITE proxy card or any other proxy cards furnished to them on behalf of the Funds.&#160;
      If you have already submitted a WHITE proxy card, you have every right to change your vote &#8212; please use the GOLD proxy card to vote by Internet or telephone or simply sign, date and return the GOLD proxy card. Only your latest dated proxy will be
      counted.&#160; IF YOU HAVE ANY QUESTIONS ABOUT VOTING, PLEASE CONTACT INVESTORCOM AT (877) 972-0090 FOR SHAREHOLDERS AND (203) 972-9300 FOR BANKS AND BROKERS.</div>
    <div style="line-height: 12.55pt;"><br style="line-height: 12.55pt;">
    </div>
    <div style="text-align: justify; line-height: 12.55pt; color: #000000;">*Dryden has neither sought nor obtained consent from any third party to use previously published information as proxy
      soliciting material.</div>
    <div style="line-height: 13.7pt;"><br style="line-height: 13.7pt;">
    </div>
    <div style="text-align: justify; line-height: 13.7pt; color: #000000; font-size: 12pt; font-weight: bold;">ADDITIONAL INFORMATION</div>
    <div style="text-align: justify; line-height: 13.7pt; color: #000000; font-size: 12pt;">Dryden has filed a definitive proxy statement and accompanying GOLD proxy card with the Securities and Exchange
      Commission (&#8220;SEC&#8221;) to be used to solicit proxies in connection with PIMCO&#8217;s 2019 joint annual meeting of shareholders (the &#8220;Annual Meeting&#8221;).&#160; Shareholders are advised to read the proxy statement and any other documents related to the solicitation of
      PIMCO shareholders in connection with the Annual Meeting because they contain important information. These materials and other materials filed by Dryden with the SEC in connection with the solicitation of proxies are available at no charge on the
      SEC&#8217;s website at http://www.sec.gov. The definitive proxy statement and other relevant documents filed by Dryden with the SEC also are available, without charge, by directing a request to Dryden's proxy solicitor, InvestorCom, at (877) 972-0090 for
      shareholders and (203) 972-9300 for banks and brokers.</div>
    <div style="line-height: 13.7pt;"><br style="line-height: 13.7pt;">
    </div>
    <div style="text-align: justify; line-height: 13.7pt; color: #000000; font-size: 12pt;">ABOUT DRYDEN CAPITAL: Dryden Capital is a long-term, value-oriented investment firm that employs a bottom-up,
      fundamentals-driven investment process.</div>
    <div style="line-height: 13.7pt;"><br style="line-height: 13.7pt;">
    </div>
    <div style="text-align: justify; line-height: 13.7pt; color: #000000; font-size: 12pt;">Investor Contact</div>
    <div style="text-align: justify; line-height: 13.7pt; color: #000000; font-size: 12pt;">Matt Leavitt</div>
    <div style="text-align: justify; line-height: 13.7pt; color: #000000; font-size: 12pt;">Investor Relations</div>
    <div style="text-align: justify; line-height: 13.7pt; color: #000000; font-size: 12pt;">305-788-2413</div>
    <div style="text-align: justify; line-height: 13.7pt; color: #000000; font-size: 12pt;">info@drydenfund.com</div>
    <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
    </div>
    <div style="line-height: 13.7pt; margin-bottom: 12pt;"><br style="line-height: 13.7pt;">
    </div>
  </div>
</body>
</html>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
