Pimco New York Municipal Income Fund III Overview
Valuation check: PYN's ROE is 29.98%, above the sector sector average of 11.73%.
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+ Follow29.98%
Return on Equity measures how efficiently a company uses shareholders' equity to generate profits. A higher ROE indicates better profitability relative to equity.
As of the most recent data, PYN shows a ROE of 29.98%. That is above the sector sector average of 11.73%. Scroll down for historical charts and peer comparison views.
The its sector sector average ROE is about 11.73%. Pimco New York Municipal Income Fund III is at 29.98%, which is higher that average. That is roughly 155.5% above the sector mean. Use the comparison chart on this page to see how PYN stacks up against individual peers as well.
Check the historical chart to see whether PYN's ROE is trending up or down. Improvement over multiple periods is generally more meaningful than a single strong quarter. Compare Pimco New York Municipal Income Fund III with peers to see if the move is company-specific or sector-wide.
Besides this return on equity page, Stockcircle has Pimco New York Municipal Income Fund III's full stock overview, other financial metrics, insider and congress trade tabs, and tools to follow the stock. Together they help you connect ROE (currently 29.98%) with ownership activity and broader fundamentals.
