Pimco NY Municipal, Inc.me Fund (AMEX:PNF)

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Delivers a steady stream of current, tax-exempt income.

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Member Avatar worCkciN (< 20) Submitted: 4/16/2008 10:24:29 AM : Underperform Start Price: $10.18 PNF Score: -1.38

Shorting fixed income is an easy way to beat the S&P 500 WHEN the S&P does well, but it is an equally awful way to under perform when the S&P does poorly. As a side not I'm interested in the Supreme Court Ruling on the tax ability of State Municipal Bonds.

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