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Pimco Municipal Income Fund II Message Board

  • jimbollini jimbollini Mar 14, 2013 11:15 AM Flag

    Dropping like a rock.

    This EFT must have a bunch of Illinois positions? Big fraud case.
    And the threat of losing tax exempt status still looms.
    Sell time?

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • All the tax free funds are dropping like a rock. If you think this fund is run by idiots, then sell! I believe the PIMCO boys are pretty smart investors and are nowhere near Illinois. I think the smart money will BUY the panic, not sell.

      Have you checked the NAV on this fund over the past few days? As the price of the fund has declined, the NAV has been stable for the past four days. This is just ANOTHER opportunity to buy this fund at or just above NAV!

      CEB

 
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