PYN News and Press, PIMCO New York Municipal Income Fund III of Beneficial Interest From 02/09/23

PIMCO New York Municipal Income Fund III ( NYSE: PYN ) declares $0.0248/share monthly dividend , in line with previous. Forward yield 4.36% Payable March 1; for shareholders of record Feb. 13; ex-div Feb. 10. See PYN Dividend Scorecard, Yield Chart, & Dividend Gr...

Summary PIMCO finally did it. They chopped the muni CEF distribution by up to 45%. PCQ was the biggest risk as it was trading at a ridiculous 45% premium to NAV going into the cut. Post-cut, valuations are being re-rated significantly. All the funds may eventually trade at a discoun...

Summary PIMCO California muni funds teach a lesson on CEF valuation. The most expensive fund declined by the most after the cut. Remember CEF investors, don't just look at the yield! Author's note: This article was released to CEF/ETF Income Laboratory members as part of...

Summary 21 out of 22 CEF sectors were positive on price and 20 out of 22 sectors were positive on NAV last week. MLPs are the most discounted CEF sector. Real estate and senior loans are the highest-yielding CEF sector. Author's note: This article was released to CEF/ETF...

Summary 3 out of 23 CEF sectors positive on price and 6 out of 23 sectors positive on NAV last week. PIMCO muni CEFs cut. PCQ's fall another reminder of why CEF premium/discount valuation matters. Author’s note: This article was released to CEF/ETF Income Laborato...

PIMCO New York Municipal Income Fund III ( NYSE: PYN ) declares $0.0248/share monthly dividend , -30.1% decrease from prior dividend of $0.0355. Forward yield 4.4% Payable Feb. 1; for shareholders of record Jan. 13; ex-div Jan. 12. See PYN Dividend Scorecard, Yie...

Summary 2 out of 23 CEF sectors were positive on price and 2 out of 23 sectors were positive on NAV last week. VFL offers tender results. Why it pays to monitor your CEF holdings for corporate actions. Author's note: This article was released to CEF/ETF Income Laborato...

NEW YORK, Nov. 01, 2022 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund’s common shares as summarized below. The dis...

Summary 0 out of 23 CEF sectors positive on price and 1 out of 23 sectors positive on NAV last week. Real estate CEFs lag. OPP rights offering expires. Author’s note: This article was released to CEF/ETF Income Laboratory members on September 21, 2022. Pleas...

PIMCO New York Municipal Income Fund III ( NYSE: PYN ) had declared $0.0355/share monthly dividend , in line with previous. Payable Aug. 1; for shareholders of record July 11; ex-div July 8. See PYN Dividend Scorecard, Yield Chart, & Dividend Growth. For ...