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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

Comment by airgoddafion Apr 24, 2012 8:08pm
200 Views
Post# 19831519

RE: RE: RE: RE: Debenture terms

RE: RE: RE: RE: Debenture terms

Poynt is a good buy if you want to be diluted into oblivion. Well at least, you'll get a chance to see what its like to be in oblivion.

I wonder if CEO will get a raise soon? Heck I am still confused on this company is worth $50M.... is it because of their user base or # of downloads?

 

I know my hindsight view is 20/20 cuz I am naturally that talented, but why didnt' these guys raise more money when the share price was in their 20s? now they are running around like headless chicken trying to get financing .... I say this is a necessary deal because that INT deal was just garbage. This one is necessary...

 

We'll see what this company is like in 12 months... I mean what is really their growth rate? c'mon man you should be growing ddouble digit with a base like 15M users....

 

Some these longs like thian have no answers just uselss rants....

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