Hey.
When I removed the 100nF, I got what looks to be a PWM signal. Signal is still not changing with the magnet, but using the rc combination above I cut the frequency so it's pretty obvious that I got half of the voltage on the output. I have not configured this chip, from the datasheet, it looks like default mode is analog, not PWM (page 20 of the datasheet states that out mode 1 is default)