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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 bal1on Jul 12, 2011 1:33pm
511 Views
Post# 18823131

RE: RE: RE: Poynt in CHINA?

RE: RE: RE: Poynt in CHINA?I already have some shares but seems like this never takes off like the other stocks.  Look at scg.v, it went from 0.18 to 0.75 with one news release.  Sure it has dropped now, but it shot up with one news release.  This stock gets news and drops in price.  Seems like you have talked to these people, what is on the horizon?
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