Pimco New York Municipal Income Fund III V.PYN

Primary Symbol: PYN

PIMCO New York Municipal Income Fund III (the Fund) is a non-diversified closed-end management investment company. The Fund's primary investment objective is to seek to provide current income exempt from federal and California income tax. Under normal circumstances, the Fund invests at least 90% of its net assets in municipal bonds which pay interest that is exempt from regular federal, New York State and New York City income. The Fund may invest up to 20% of its total assets in investments the interest from which is subject to the federal alternative minimum tax. The Fund also invests at least 80% of its net assets in municipal bonds that at the time of investment are investment grade quality. Pacific Investment Management Company LLC (PIMCO) serves as the Fund's investment manager.

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Pimco New York Municipal Income Fund III

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Comment by pkpotentialon Apr 13, 2011 11:06pm

419 Views

Post# 18428583

RE: RE: CLOSE .135

Either bought out, or they will change into something else.

Technology, especially cell phone apps, isn't usually around for very long. It's possible don't get me wrong, but with the way everythings advancing who knows what will be going on with technology in 10 years.

10 years ago from now we barely had functioning computers and there were no "smart phones" with apps. It's kind of hard to value tech companies and see where they will be long term.

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