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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 BASHERS_R_SHORTERSon Sep 29, 2011 6:25pm
542 Views
Post# 19101295

Forwards split

Forwards splitI hear Poynt is already planning a forwards split $$$ Joking of course for now ! :-)

Funny how theses bashers say reverse split rumours abound, the only place this is being said is here in a couple of posts by bashers praying on the meak and weak. We just had a mailer voting package, do you not think that it would have contained the proposal ? Many many millions of shares are tightly held and this is getting milked for cheapies due to market conditions.
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