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

Pimco New York Municipal Income Fund III

Bullboard Posts

Comment by steve700on May 29, 2012 10:50am

197 Views

Post# 19955874

RE: RE: Lets have a price target

I'm very consevative here, so I'm going to say .20 by mid Aug. Still very good in terms of where the sp is sitting right now.

Not much trading happening here though. So we will see what happens with up coming NR's . Closing of the financing deal, I thought would have been around now, but i'm sure we will see it soon.

Poynt China is obviously still churning away. This is all good news. A few more updates soon would be good, concidering a lot of us have substantial investment in PYN.

Bullboard Posts

Meet Canopy USA’s new CEO, Brooks Jorgensen