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

Bullboard Posts

Comment by myster_investoron Aug 28, 2012 4:09pm

177 Views

Post# 20270994

BB10

It's great that we can learn from eachother on these boards. I read in wikipedia that RIM bought them from Harmon Industries. I agree, even if the phone flops they have other assets including the automotive, and smart grid solutions. The enterprise servers are also hot tickets as they were already approached by IBM to sell them :)

This is kinda relevent to PYN shareholders as it is their biggest platform (BB9) yet, and could affect some of PYNs growth prospects.

Bullboard Posts

This battery metals stock is on a path to the global stage