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Message Boards Settings PIMCO New York Municipal Income Fund II (PNI) - Quote Info
Re: Are these as safe as owing the bonds?     29-Dec-08 10:41 pm    
The price of PNI seems to improve after the Fed cut rates. Also, as the banks and autos get government funding the price of PNI improves. I think PNI will go up when credit lending improves. All the deadwood has to be cleared out of the market first. That's what I think.

I bet a lot of oversold PNI money went into treasuries. We may have a treasury bubble.


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maramwp

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  Subject Author Rating Time of Post (ET)  
 
If I were to buy NY Municipal bonds and hold them to ma...
fly80337 Rate it 4-Oct-08 05:22 pm  
 
PNI is an Exchange Traded fund which trades like a...
maramwp Rate it 19-Nov-08 07:28 pm  
 
These securities are also hedged, so they are...
the_great_p... Rate it 9-Dec-08 05:19 pm  
 
Re: Are these as safe as owing the bonds?
maramwp Not rated 29-Dec-08 10:41 pm  
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PIMCO New York Municipal Income Fund II (PNI)

Chart for PIMCO New York Municipal Income Fund II (PNI)
On Nov 25: 11.03 Up 0.07 (0.64%)
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