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

Bullboard Posts

Post by steve700on Nov 24, 2011 9:32am

601 Views

Post# 19263811

The Uptick

I'm wondering how long the "iceberg" selling will continue. Its a small amount, but it will keep the price down at .145 for as long as we stay at the current SP.

If its a huge amount, this could go on for days , weeks?

Bring on the new I say.

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