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.

NYSE:PYN - Post by User

Pimco New York Municipal Income Fund III

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Post by steve700on Sep 23, 2011 10:25am

434 Views

Post# 19076119

Markets

People are so jumpy. And rightly so, however, recession or not, we will still be using out cell phones, and even more so, looking for good deal or coupons right at our finger tips.
Good buy at this price I think.
Everything is down, and as history has showns us, everything jumps back up.
The US will keep printing money.
Gold will keep going up and cell phones will still be items of choice.

We will make money on this stock .

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