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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

Comment by bigpocketsincon May 01, 2012 12:35pm
235 Views
Post# 19857016

RE: RE: RE: RE: RE: NASDAQ

RE: RE: RE: RE: RE: NASDAQ

Further to the discussion here is a laymen type explanation of what an ADR is.

Most every foreign company trading on the NASDAQ uses them, Nokia is ADR, BP is ADR, it is originally a pool of shares from the original listing in the other Country that is packaged which allows the security to trade indipendantly on the NASDAQ. The security and underlying security usually track closely though because of investors doing the math. Apart from small variations in trading if you buy 1000.00 worth of a company, it doesn't matter which exchange you still bought a 1000.00 worth, just the number of shares may vary but percentage wise you own the same amount of the company.

See link :
https://community.nasdaq.com/News/2012-04/what-is-an-adr-anyway.aspx?storyid=137358&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+nasdaq%2Fauthors+%28Articles+by+Author%29

- My thoughts on Poynt https://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&m=30997899&l=0&r=0&s=PYN&t=LIST

- Poynt's USA mobile search ownership along with Google, Yelp etc https://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&m=30949637&l=0&r=0&s=PYN&t=LIST

- China JV https://www.stockhouse.com/Bullboards/MessageDetail.aspx?s=PYN&t=LIST&m=30953796&l=0&pd=0&r=0

-Two links with analysis and targets to review herehttps://www.frasermackenzie.com/newresearch/POYNT/

- Opening report 1.15 target Poynt Corp. - Don't Worry?? Be Appy!

- Supplement to report 1.15 target 12-01-11 Don't worry Be appy Samsung

- Second supplement to report 1.15 target 12-15-11 https://www.byroncapitalmarkets.com/wp-content/uploads/2011/12/Poynt-Corp-Note-12-15-11.pdf

https://www.poynt.com/investors/presentations/

https://www.poynt.com/investors/news-releases/

https://www.poynt.com/wp-content/files/Poynt-AdKit.pdf

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Juniper Research Report on Global Mobile Commerce promiently contains Poynt see link : https://www.juniperresearch.com/reports/mobile_commerce_markets

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