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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 pkpotentialon Apr 18, 2011 6:00pm
498 Views
Post# 18449324

RE: RE: great app but losing money

RE: RE: great app but losing moneyI don't regret not buying INT. That company is nothing but fluff, there is no substance. Their product Ortsbo is garbage.

This is going to be one of those stocks that goes from 0-$4.00 and straight back down.

I wish PYN didn't have so many shares outstanding
Bullboard Posts