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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.


NYSE:PYN - Post by User

Pimco New York Municipal Income Fund III
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Post by drippingsnoton Mar 28, 2012 10:03am
230 Views
Post# 19727021

Question re. new users...

Question re. new users...

The numbers were adjusted in recent presentations.

Growing at 20000 to 25000 new users daily.

Why did they adjust down from higher numbers? I thought the numbers were 25K to 35K at one point or am I incorrect?

 

Sorry if this was already discussed in detail, I obviously missed the reasoning.  Thanks.

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