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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 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

Post by steve700on Oct 17, 2011 12:10pm
305 Views
Post# 19155970

Looking Forward

Looking ForwardAs it stands right now we are looking at a sp to move up from here.  Any NRs are going to be gravy as we head towards more record profits for Q3 in November.  Now if the EU can make some definitive decisions we may see our index's start to stabalize. 
All eyes on PYN for the next year !

I see a take over comming IMHO.
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