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 on 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

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Comment by steve700on Feb 18, 2011 7:47am

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Post# 18156427

RE: Smartphone ETF starts trading today

That should be interesting one to keep an eye on. With more hand sets being sold than PC's. An ETF like that would be more of a hold than a quick trade.

On a side note , i do hope we head down a bit lower on the sp. picking up more at a lower price would be priceless.

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