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 Nov 23, 2011 6:58am

689 Views

Post# 19260449

.20 Soon

Still trying to make sense of the strange 500 share selling all day yesterday. A big attempt to keep the price down I think.
I thought with the unstable markets we would have seen the price drop a few cents, but I don't think we will see that.
IMO we will see .20 + very shortly.
Good luck here to all the longs.

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