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 YourNadiron Jun 29, 2011 11:30pm

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Post# 18782809

RE: Poynt Q12011 Financials

I think that is a good synopsis, sanman. As you mention, this is a company with global aspirations and is well on its way.

Poynt also recently fueled up with $15 million through a pp.

I'm not planning to pull the plug on PYN anytime soon as I believe better days are ahead. I know it's often been mentioned, but just wait till the India launch...

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