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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

Comment by eisenkreuzon Oct 06, 2011 3:51pm
229 Views
Post# 19127123

RE: Poynt Job Posting - Business Analyst

RE: Poynt Job Posting - Business Analystsanman2012 I have an opinion on this job posting issue.  I may be wrong and I do not wish to upset members of this board.  We all are serious investors and stakeholders in Poynt.

The first point I would like to make is that the discovery of the original job posting by ddubs75 was an interesting piece of investigative work.  We know that the joint venture (JV) with Times Internet of India is alive and well.  For that we are happy.

My second point is quite different.  I believe that Poynt is aware of the fact that members of this board are now looking at the job postings and I am afraid that they (Poynt) may use this as an indirect means to send messages (and promises) to us.  What we really need is company sponsored news releases. 

Last week we got several promises that there will be "an operational update".  That is great!  But all we have gotten thus far is a bulletin (guess that may be perceived as "an operational update") regarding their continuing Nascar sponsorship (this may be a great advertising initiative). 

But a sponsorship update really does not qualify as an operational update in my books.  We need something substantial and serious.

This note is to open discussions and for us to share our expectations.
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