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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 11, 2011 11:32am
255 Views
Post# 18116598

RE: monday??

RE: monday??nothing is on monday, just people wishing....

looking at the green ticks and friday volume is might lead to that assumption.

i think it is more a result of the tech megapump tailing off and the relplays shining through.  shorters getting nailed, donkflipps growing tired and realziing holding is smarter.

the weekend serves as time for reflection, for those who thought about buying and those who thought about selling.  the new weekpresents an opportuity to go go go!!
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