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

Pimco New York Municipal Income Fund III

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Post by eisenkreuzon Nov 29, 2011 7:59am

510 Views

Post# 19273580

Lots of Posts have negative content

Poynt is a great speculative play. The Q3 results are on target. This company is in its growth phase and the fact remain that new hires are required to carry this company to the next level. I find that some posters are introducing negative content or giving excuses for the Q3 results (which were good).because of the negative sentiment I expect that the SP will fall to around 0.135$.I am holding for the long run. My comments are not negative but my prediction today is based on the negative posting comments.

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