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TMCNet:  PIMCO Municipal Income Fund III Up 15.3% Since SmarTrend Uptrend Call (PMX)

[December 21, 2012]

PIMCO Municipal Income Fund III Up 15.3% Since SmarTrend Uptrend Call (PMX)

Dec 21, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for PIMCO Municipal Income Fund III (NYSE:PMX) on March 7th, 2011 at $10.78. In approximately 22 months, PIMCO Municipal Income Fund III has returned 15.27% as of today's recent price of $12.42.
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PIMCO Municipal Income Fund III share prices have moved between a 52-week high of $13.45 and a 52-week low of $10.89 and are now trading 14% above that low price at $12.42 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.4% while the 200-day MA has remained constant.

PIMCO Municipal Income Fund III is a diversified, closed-end management investment company incorporated in the USA. The Fund's objective is to provide current income exempt from federal income tax. The Fund invests primarily in a portfolio of tax-exempt municipal bonds. The Fund invests primarily in investment grade bonds.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of PIMCO Municipal Income Fund III shares.Log in and add PIMCO Municipal Income Fund III (PMX) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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