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PYN(PYN)
$5.15—Stale · unknown old
9/28/26

PIMCO New York Municipal Income Fund III (PYN)

Monday
9:26 PM
ThesisThe significant decline in NAV and elevated expense ratios are raising concerns among investors about the fund's ability to deliver attractive returns in the current environment.

Revenue Outlook

What Moves the Stock

  1. 01Changes in interest rates affecting bond prices
  2. 02Municipal credit quality and default rates
  3. 03Tax policy changes impacting municipal bond attractiveness
  4. 04Investor sentiment towards municipal bonds
  5. 05Interest income from municipal bonds - 100%
  6. 06Increased demand for tax-exempt income amid rising interest rates
  7. 07Growing interest in sustainable municipal bonds
FY2024 Snapshot
Revenue
$-89.0K
Net Income
$-183.0K
EPS
$-0.11

PYN Chart

4.95.35.65.96.35.82PYN Daily5.82Mar '25May '25Jun '25Aug '25

My Notes

  • "Investors are increasingly wary as the fund's performance lags behind expectations."
  • Moat: The fund's competitive advantage is bolstered by PIMCO's established reputation and expertise in fixed-income management.
  • income - Investors seeking tax-exempt income from municipal bonds are the primary target.
  • Rising interest rates typically lead to lower bond prices, which can negatively impact the fund's NAV and market price.
  • Watch on earnings: 10-Year Treasury Yield (GS10), High Yield Credit Spreads (BAMLH0A0HYM2), Municipal bond issuance trends.

One Sentence Summary:

PIMCO New York Municipal Income Fund III: the story is balanced — changes in interest rates affecting bond prices.

Auto-composed from Stock Alarm intelligence, financial statements, and analyst estimates. Not investment advice.

Data is provided for informational purposes only and does not constitute investment advice. Past performance is not indicative of future results.