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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 from 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 TO_Canuckon Jun 04, 2012 3:12pm
302 Views
Post# 19978470

RE: BNN talking PYN again?

RE: BNN talking PYN again?

I heard it . It was  Rob McWhitter technology analyst rating PYN as a speculative BUY. Don't recall a target price given but he was generally positive about its growth prospects. Will be on again tonight at 8:00 EST BNN Market Call

CHeers

TO_Canuck

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