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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 from 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 budliteon Nov 28, 2011 9:41pm
455 Views
Post# 19273034

Tomorrow

TomorrowWould anybody like to predict what these Q3 results will mean for the share price in the short term? Will the decline in share price today continue tomorrow over concerns regarding the increased $3.96 million over this time last year? Perhaps those of us who were happy at getting in at .16 cents may have to wait for a bit. Hoping that the conference call tomorrow will fill in some of the blanks and it will be onward and upward from here.
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Dealroom for high-potential pre-IPO opportunities