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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 on 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

Post by gmcmachineon Jun 10, 2011 10:32am
313 Views
Post# 18698685

Poynt and Call Genie Excellent Companies

Poynt and Call Genie Excellent CompaniesI owe a position in both companies.  They both have great business models and both companies are in for rapid revenue growth.  I like Poynt because of the high trading volume, great market postion and growing,  I own Call Genie because they know what they are doing and have a great reputation, compared to Poynt they have 3 times less the outstanding shares and Call Genie is working directly with Microsoft.  The move up for both companies will be huge and fast, IMO Genie will move faster and have a higher share price potential than PYN due to the lower shares outstanding in GNE, but PYN has the trading volume and growth that I had to own a piece of each.

Great companies!!!

GMC
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