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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.


NYSE:PYN - Post by User

Comment by YourNadiron Apr 13, 2011 1:29am
362 Views
Post# 18422990

RE: RE: RE: What a great day !!!

RE: RE: RE: What a great day !!!Van, I actually hold INT too, that and CUU. I've made plenty of profit on both of those stocks and don't plan to sell the remainder of my holdings in them anytime soon.
Poynt has been my TEMPORARY downfall, but to be perfectly honest, I think it's quite possible I'll make more from PYN than either of the other two, it's just going to take some time.
Good luck to you.
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