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.

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Pimco New York Municipal Income Fund III

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Comment by Canoutchieon Nov 28, 2011 10:55pm

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Post# 19273175

RE: RE: RE: Tomorrow

Steve700 - I agree that news releases "usually" attract good attention, but for the past several weeks, news releases from TSX Junior companies have been nothing but a selling opportunity for those who are nervous about the market (thanks to continuing European dithering over their debt crisis).

Poynt would be wise to save some of its more exciting news releases until the market is in a better frame of mind. JMHO.

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