PIMCO Fds Pac Inv Mgt Srs NY Muni Bd Fd Insti Cl
PIMCO Fds Pac Inv Mgt Srs NY Muni Bd Fd Insti Cl
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Overview
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About PIMCO Fds Pac Inv Mgt Srs NY Muni Bd Fd Insti Cl
- Industry
- Not available
- Sector
- Not available
- CEO
- Not available
- Headquarters
- PIMCO Investments LLC distributor, MA, US
- Industry
- Not available
- Sector
- Not available
- CEO
- Not available
- Headquarters
- PIMCO Investments LLC distributor, MA, US
The investment seeks high current income exempt from federal and New York income tax; capital appreciation is a secondary objective. The fund normally invests at least 80% of its assets in debt securities whose interest is, in the opinion of bond counsel for the issuer at the time of issuance, exempt from regular federal income tax and New York income tax ("New York Municipal Bonds"). It may invest without limitation in "private activity" bonds whose interest is a tax-preference item for purposes of the federal alternative minimum tax ("AMT"). The fund may invest in derivative instruments. It is non-diversified.
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