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Message Boards Settings PIMCO New York Municipal Income Fund II (PNI) - Quote Info
Re: Div Postponed - they held toxic muni's     31-Dec-08 08:55 pm    
Once the leverage ratio improved. dividend will resume. I think it depends on the value of the munis. With the interest rate at almost zero, the munis should go up.

The banks are paying 2 to 3% for one to two years CD.

Sooner investors will pour money back to the fixed income market.

I hope.

JMHO
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besmarter8


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...ARPS, NOY GOOD NEWS, THEY VALUE OF THEY HOLDINGA AR...
bigcityed (1 Rating) 31-Dec-08 10:20 am  
 
PNI closed up today over $7. They have a new fund...
maramwp Rate it 31-Dec-08 05:31 pm  
 
Re: Div Postponed - they held toxic muni's
besmarter8 Not rated 31-Dec-08 08:55 pm  
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PIMCO New York Municipal Income Fund II (PNI)

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