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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 uFANon Aug 25, 2011 9:50am
306 Views
Post# 18978052

RE: Found this in MD&A

RE: Found this in MD&A"In addition to display advertising and sponsored listings, Poynt will be introducing rich media capabilities, interstitials, and other innovative advertising vehicles. As these are premium media buys, Poynt will not only increase its overall inventory levels, but will also increase premium level revenues based on current industry price points.The Company's new timesPoynt app is ready for launch pending the final review and approval by Poynt Corp.?s in-market partners. Poynt Corp?s management team has entered into discussions regarding preload agreements with Original Equipment Manufacturers to aid in the distribution and discovery of the Poynt App in India. When the Company officially launches timesPoynt in India during Q3 2011, it will represent the single largest geographical app launch the Company has undertaken. India has more than 827 million wireless phone subscribers and timesPoynt is designed take advantage of India's rapidly growing feature phone and smartphone markets across multiple device platforms."
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