PIMCO New York Municipal Income Fund III (PYN)

• Market cap: $32.4M
• 1 day: -0.18%
• 5 days: -5.05%
• 1 month: -4.89%
• 3 months: -9.32%
• 6 months: -4.57%
• Year to date: -5.37%
• 1 year: -5.37%
• 5 years: -40.76%
• 10 years: -41.43%

About: PIMCO New York Municipal Income Fund III is a closed-end management investment company. Its investment objective is to seek to provide current income exempt from federal, New York State, and New York City income tax. To pursue the objectives, the fund invests a majority of its net assets in municipal bonds that pay interest that is exempt from federal, New York State, and New York City income tax.

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

2% more capital invested

Capital invested by funds: $4.8M [Q2] → $4.89M (+$90.5K) [Q3]

0% more repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 5

0.64% less ownership

Funds ownership: 14.15% [Q2] → 13.52% (-0.64%) [Q3]

4% less funds holding

Funds holding: 23 [Q2] → 22 (-1) [Q3]

13% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 8