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.

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Pimco New York Municipal Income Fund III

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Comment by steve700on Oct 27, 2011 8:13am

385 Views

Post# 19185494

RE: Patent Nos. 7,941,430 and 7,870,229

I believe going forward, Poynt will be a take-over target with these patents. Lots of big money will be watching this story unfold.
I'm wondering if WiLan is working on anything in particular for any of poynts intellectual properties? I would like to see an update on that!

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