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.

NYSE:PYN - Post by User

Pimco New York Municipal Income Fund III

Bullboard Posts

Comment by moneydiggeron Mar 11, 2011 3:08pm

336 Views

Post# 18272771

RE: 0.225 @ 2;43PM. Amazing!

People that have bought in the 15 cent and less level have been selling in the last few days. This drop was very good and helped flush out many that got in at much lower levels. Many new buyers are among us and will hold helping us move forward. Nice to flush weak hands and come back strongly like today. Now I am more confident than ever that we will not revisit a price of less than 20cents. Chart looks very good and all I can see is good moves up from here with minor pullbacks.
GL LONGS and keep holding, we will be rewarded huge when someone makes an offer for PYN

Bullboard Posts

NervGen Pharma: Proof that NVG-291 works?