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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 bmeisteron Feb 10, 2011 12:02pm
215 Views
Post# 18109571

RE: SILENT RUNNING ON PYN

RE: SILENT RUNNING ON PYNGood post,JT, and sensible too. For me,this is all about Rim. They know what they are doing and that is why pyn is the real deal. The Blackberry is alive and well and their research and dev. is par excellence. People,give this time and more coverage and you will be greatly rewarded.Remember,it was chosen by Rim. That is enought for me.imho
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