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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: ajtj99 who wrote (10761)	12/2/2008 8:36:31 AM
From: Stoctrash	1 Recommendation Respond to of 33421

I missed this yesterday...hummm? Not so good for the retired living off the tax free divi. ========================== Pimco cancels dividend payments for 6 funds Pimco cancels dividend payments for 6 funds, citing decline in value due to market woes December 01, 2008: 10:03 AM EST NEW YORK (Associated Press) - Pacific Investment Management Company Inc. on Monday canceled announced dividend payments for six of its funds, saying the weak market has pushed the value of those funds below legal thresholds. The dividends declared Nov. 3 that were scheduled for payment Monday will not be paid for Pimco New York Municipal Income Fund, Pimco Municipal Income Fund II, Pimco California Municipal Income Fund II, Pimco Municipal Income Fund III, Pimco California Municipal Income Fund III and Pimco New York Municipal Income Fund III… money.cnn.com 56a9afed2e2a40229427bc8559c928c0.htm -END-