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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

Comment by steve700on Feb 28, 2012 11:13am
322 Views
Post# 19597672

RE: In my opinion...

RE: In my opinion...

Now that the news is out with INT and most are disappointed,  It funny to see they all turn on management and cry foul.

Quit crying.  Did you really thing the sp was going to sky rocket to $3 again? 

Way too many people brain washed on the INT board.

Hard lesson learned if you borrowed $ to dump into INT.

Tired of seeing it creep over to the PYN board.

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