|Bid||9.71 x 1000|
|Ask||9.86 x 800|
|Day's Range||9.71 - 9.90|
|52 Week Range||8.26 - 10.51|
|Beta (3Y Monthly)||0.37|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.43 (4.35%)|
|1y Target Est||N/A|
NEW YORK, June 03, 2019 -- The Boards of Trustees/Directors of the PIMCO closed-end funds (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution.
NEW YORK, April 01, 2019 -- The Boards of Trustees/Directors of the PIMCO closed-end funds (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of PIMCO New York Municipal Income Fund III and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Having an income stream the IRS can’t touch may sound like pie in the sky, but it’s a reality if you hold municipal bonds. If you’re in the highest tax bracket (37%) and you get a 6%-yielding municipal bond fund, that income is the exact same as a 9.5% dividend from stocks. There’s just one problem — iShares National Muni Bond ETF yields a paltry 2.4%.