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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

Pimco New York Municipal Income Fund III
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Post by TraderDadon May 10, 2012 4:02pm
293 Views
Post# 19896369

Stock support ultra thin on bid side

Stock support ultra thin on bid side

ASKS piling up.   This could get ugly short term.   I hold cash in case of capitulation to 6-7 cents.

 

Check level II if you have.   Not good at all .

 

Hey Andy , help out your shareholders!

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