Pimco CA Muni., Inc.me Fund III (NYSE:PZC)

CAPS Rating: No stars

Closed-end management investment company

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Member Avatar worCkciN (38.06) Submitted: 4/16/2008 10:27:14 AM : Underperform Start Price: $7.99 PZC Score: +6.70

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 note I'm interested in the Supreme Court Ruling on the tax ability of State Municipal Bonds.

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