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 jaybee21on Mar 10, 2012 5:57pm

309 Views

Post# 19654084

new to PYN

As a retail investor Tech stocks are out of my field of interest ( hard to value techs ) but this one did spark some interest . It looks like 3 Institutions have bought up over 77 mil. shares in the past 4 months and sold 0 , that could be a good sign . here's to better fortunes to come . Cheers !

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