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 fightiamon Aug 09, 2012 12:56pm

362 Views

Post# 20199011

RE: Who is 'a significant shareholder' who got pai

Terren S. Peizer, chronicled by the LA Times as a financial prodigy,and often called the "Zelig of Wall Street"] is currently the Chairman of Socius Capital and invested $15 million into Poynt Corporation (PYN:TSE) a global leader in the mobile location based advertisement and commerce space.

After Peizer's investment, he then orchestrated a Poynt Corporation Joint Venture (JV) with People's Republic of China's Communist Youth League .("CYL") is a youth movement of The People's Republic of China that plays a vital role in the development of China.

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