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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 bearsbullson Jun 11, 2011 11:20am
300 Views
Post# 18702545

RE: TA Update

RE: TA UpdateNot yet but allow the news to carry on over the weekend and you should also consider the effects of the last weeks trading sessions into account when viewing the stocks moving average for a 50 day period. I believe - as you mentioned - the ma100 maybe a better indicator.

Hopefully PYN will continue to move without the need of the INT hype band parade.

Thanks mediascan59
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