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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 BASHERS_R_SHORTERSon Sep 23, 2011 11:02am
274 Views
Post# 19076389

RE: RE: from what I see

RE: RE: from what I seeYour pretty slick. I see what you did there.

These posters are trying to make the markets a Poynt managment issue, here is a clue: Poynt's
management and IR do not run the entire markets sentiment. As has been noted millions of shares have been traded recently, the bulk of which are being held, there has been some selling and that would be expected with the hick up.

Same story, PYN is growing. Poynt is more valuable every day IMHO due to growth and the growing list of partnerships. The latest of which connects them with Fortune 500 companies, social media and highly interactive content. This company was very excited to be working with Poynt and the relationship should bring with it very good things.

The news has been constant, they even recently had 3 nr's in one day : https://about.poynt.com/newsreleases.html . Mobile is growth, social is growth, location based is growth Poynt is growing with it and owns pertinent intellectual properties with a great no upfront solution to menetize them. Winning !!


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