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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

Post by steve700on Mar 14, 2012 3:43pm
333 Views
Post# 19670086

Buying time

Buying time

As far as I can see, this is a really good time to pick up more shares.  Might dip a tad lower, but look at the volume thats taking it down.  Nothing.

So this is a good indication people are watching to see how low its going to go before the jump all over this again.

I will be looking for more as well.

Like any other stock you have your ups and downs.  This is a energetic company with great exposure. 

Don't be sad or discouraged I say.

 

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