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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

Pimco New York Municipal Income Fund III
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Comment by YoungMogulon Feb 21, 2011 8:24pm
347 Views
Post# 18170872

RE: projected Revenue for PYN

RE: projected Revenue for PYNBefore you jump on me for misinformation, remember this is only what I heard from another poster a few days ago.

A poster said they purchased the Reuter's Report on Poynt, and revenues are expected to increase %1200 by the end of the year I think he said. Please don't quote this as completely accurate. Although you know what they say, buy on rumors, sell on news.
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