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TMCNet:  PIMCO Municipal Income Fund III Has Returned 14.0% Since SmarTrend Recommendation (PMX)

[December 31, 2012]

PIMCO Municipal Income Fund III Has Returned 14.0% Since SmarTrend Recommendation (PMX)

Dec 31, 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 13.97% as of today's recent price of $12.28.
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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 $11.11 and are now trading 11% above that low price at $12.28 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.3%.

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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