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

Bullboard Posts

Post by the_watcher1on Feb 07, 2011 3:36pm

376 Views

Post# 18088850

selloff

very weak afternoon. this stock has nothing compared to int hence why no one is buying now. int has a shareholders meeting, ppl are buying in anticpation to good news. pyn exec is not as good as int so i would say a dump will occur for sure tomorrow.

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