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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 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.


NYSE:PYN - Post by User

Post by pointofreturnon Feb 20, 2012 11:28am
356 Views
Post# 19557465

LOTS of big moves ? Coming ...

LOTS of big moves ? Coming ...

Lucatch surely has something up his sleeve

He is a very active CEO, regularly involved in mergers and aquisitions, and has really put INT on the map

Since he joined the Poynt board I haven't heard much of his actual input

I'm sure he's busy behind the scenes... Just curious as to what exactly he's working on

He's made LOTS of big moves for Intertainment and can only think that he's doing the same for Poynt

The above is just my opinion, govern yourself accordingly.
Always get the:
Point
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www.pointofreturn.ca

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