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

Pimco New York Municipal Income Fund III

Bullboard Posts

Comment by electrowingon Apr 24, 2012 4:06am

220 Views

Post# 19827319

RE: RE: RE: RE: RE: RE: RE: Financing

I'd be interested in seeing some of the reported salaries and bonuses (if any) for company officers. These convoluted secondary offerings should be unnecessary at this point ~ by now the company should be generating cash flow, and should have learned to live within its means. You can be sure that going forward interest payments shall be covered thru dilution at 10c per share.
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This is getting boring.

Bullboard Posts

From now on, dynaCERT instead of Bitcoin or NVIDIA?