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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 airgoddafion May 30, 2012 3:08am
173 Views
Post# 19959457

RE: PYN Listing

RE: PYN Listing

yeah and they are gonna change into a noodle company why they are at it. man they have a tough enough time generating interest on the venture, you think the chinese give a rats a=ss about some mobile app that they can extinguish in a moments breath if they want to?

 

pyn is not worth $40M? its users probalby scattered across the globe fragmented and ads probably generate zero or very little revenues. this co. aint even growing exponentially, just measily 10% growth and who knows where by all means.

 

the market aint in china dollar wise, it is in Europe, US ....thats where these cats need to focus.... but it aint their motto.

 

the only thing poynting is the middle finger to shareholders....from what i see.

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