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.

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Pimco New York Municipal Income Fund III

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Post by steve700on Aug 30, 2011 11:27am

378 Views

Post# 18993317

Selling?

Something will have to give here sooner or later. Just hanging at this price is strange. No one is willing to sell lower than .11. If someone takes out a chunk of the .115 I think trading will start up again.
Or if some one dumps.. Which ever way it goes, I would like to see this trade once again.

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