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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 Jun 05, 2012 4:14pm
306 Views
Post# 19982706

RE: RE: RE: RE: I may be wrong

RE: RE: RE: RE: I may be wrong

etobicoke said " The fact that Andrew made a comment stating that they were finally going to market TimesPoynt made me wonder what has been happening since the launch there last year in India. "

In reference to the above on the conference call it was asked is Times Internet marketing the Times Poynt platform but what was answered was when monetizing it's user base would take place, the question was not heard correctly IMO.

Additionally it was noted on page 24 of the Q1 MD&A    " the European market launched in-app advertising and has had increasing market demand. " does anybody know when this initiative got it's start ?

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