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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 thianon Apr 03, 2012 8:47am
262 Views
Post# 19751909

RE: RE: RE: WHO'S SELLING AT THESE LEVELS?

RE: RE: RE: WHO'S SELLING AT THESE LEVELS?

islander I truly believe that this is a very wise investment. I am attempting to increase my position today.

Earlier this year I made a trade that I regret. I pulled the trigger too soon on one of my investments. I am totally ashamed to mention what I did but I will share it with the board at a later date. I am not going to make the same mistake twice in the same calendar year.

RE: RE: WHO'S SELLING AT THESE LEVELS?
4/2/2012 7:08:07 PM | | 149 reads | Post #30894136

Do I need to seek counselling for a gambling addiction, or was this an astute investment?

My comment continued:
I assure you that if you are properly loaded in this position (Poynt) you are going to enjoy a massive payday. Keep faith because everything is falling into place. I personally know that those who are selling at these prices will walk with deep regret for the rest of their lives.

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