Pimco New York Municipal Income Fund III V.PYN

Primary Symbol: PYN

PIMCO New York Municipal Income Fund III (the Fund) is a non-diversified closed-end management investment company. The Fund's primary investment objective is to seek to provide current income exempt from federal and California income tax. Under normal circumstances, the Fund invests at least 90% of its net assets in municipal bonds which pay interest that is exempt from regular federal, New York State and New York City income. The Fund may invest up to 20% of its total assets in investments the interest from which is subject to the federal alternative minimum tax. The Fund also invests at least 80% of its net assets in municipal bonds that at the time of investment are investment grade quality. Pacific Investment Management Company LLC (PIMCO) serves as the Fund's investment manager.

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Pimco New York Municipal Income Fund III

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Comment by fuzzieLOGICon Feb 28, 2011 7:29am

458 Views

Post# 18203617

oh no, stocker46, not the ignore

ignore: To refuse to take notice of; to shut the eyes to; not to recognize; to disregard willfully and causelessly; as, to ignore certain facts; to ignore the presence of an objectionable person. [1913 Webster]

People who ignore:

Incompetent individuals tend to overestimate their own level of skill.

Incompetent individuals fail to recognize genuine skill in others.

Incompetent individuals fail to recognize the extremity of their inadequacy.

If they can be trained to substantially improve their own skill level, these individuals can recognize and acknowledge their own previous lack of skill.

it makes a market

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