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.

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Pimco New York Municipal Income Fund III

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Post by pkpotentialon May 02, 2011 7:48pm

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Post# 18520110

India

It would be very unwise to even think about doing anything before you guys see what happens with the India news. Even though I hate this stock to be completely honest and I want it to be gone out of my portfolio, I will not touch my shares until I see what happens with the India news. I think a lot of people are waiting on it, and I don't want to be kicking myself in the a$$ if it becomes another INT.

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