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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 YourNadiron Apr 07, 2011 11:28pm
507 Views
Post# 18402704

RE: Year End 2010 Results

RE: Year End 2010 ResultsYoungMogul, I think "exponential growth" is exactly what's taking place every day. Last estimate by Poynt was 30,000 new users a day. They keep making their app available on more and more smart phones. It's likely PYN is growing at an even greater rate last quarter and this quarter but we won't see those results for quite a while yet.
Exciting times for those with vision.

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