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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

Post by uFANon Aug 29, 2011 10:34am
521 Views
Post# 18989194

"Global LBA Market to Reach $12.8 Billion by 2017"

"Global LBA Market to Reach $12.8 Billion by 2017""The global market for Location Based Advertising is projected to reach $12.8 billion by the year 2017. With mobile Internet gaining in popularity and the proportion of smartphone sales increasing, LBA market holds enormous potential. The market is driven by favorable factors including spurt in number of GPS and Wi-Fi enabled phones, increased merchandising and shopping activity among consumers, growing popularity of mobile commerce, and increasing usage of Location based Social Network Services."Read more: https://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2011/08/29/prweb8616557.DTL#ixzz1WQeXSxvuAre you strong enough to hold PYN past 2012? If so, It won't be a penny stock at that time...it'll be well above $2/share. PYN's got a growing user base, an intellectual property portfolio and an experienced management team
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