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

Bullboard Posts

Comment by ISUJIMon Nov 29, 2011 6:39am

312 Views

Post# 19273481

RE: StockWatch headline a BUMMER !

At the end of the day, they are burning through money in a period of time when the market is under siege. I just hope they can keep the lights on and show some cash flow; now one is stomaching any loss of revenue..PERIOD.

Bullboard Posts

The Market Online’s Weekly Gold Report – Nov. 27, 2024