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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

Post by steve700on Nov 10, 2011 10:02am
272 Views
Post# 19225862

The up tick

The up tick    With all the news focusing on location based advertising, and with groupon in the spot light these past few months, it won't take too much longer before things really catch on with PYN . 
Now with Yelp about to release an IPO,  Poynt is going to be a huge buy out target.  I'm hoping that insted of a buy out, we can swim along side of these giant companies to continue to experience this exponential growth.

I like all the great informative news that has been posted here.  Really informative. 

I think that 2012 is going to be huge for Poynt. 
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