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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

Pimco New York Municipal Income Fund III
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Comment by pkpotentialon Apr 20, 2011 6:37pm
440 Views
Post# 18464893

RE: Poynt will go up eventualy

RE: Poynt will go up eventualyOf course it is, I don't invest in anything that isn't guaranteed for long term success. I don't care if I have to wait 1 year to sell it for 50 cents, that's still a 120% gain, and that's excellent.

I only have 2 problems with this stock: Shares outstanding and all of the little annoying day traders who keep flipping it for half a cent.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities