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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 BasherBuster2on Feb 09, 2011 2:18pm
279 Views
Post# 18103351

RE: STILL HANGING ON

RE: STILL HANGING ONi think it sounds like you are panicking....

the megapump tech stocks all jumped massively so far this week....PYN is on itsown ride.

Notice the sea of red on all those plays and PYN has dropped justa touch, primarily due to donkflips who are in and out of plays left and right....

The large selling pressure is flips and suppressors, the near future is os bright, it is not evenm read between the lines, it is READ the lines....

massive market segment, successful partners, money in the till, everything is go go go for rising SP going forward...

once india comes onboard, lookout!!! samosas for all!!!

as you know if you want to divest there are tons of bids ready to snap your frail hand....

PYN up up and away.... 1.00 once the news comes
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