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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 Meekyon Jun 01, 2012 12:34pm
201 Views
Post# 19971204

RE: Can easily rise from the ashes

RE: Can easily rise from the ashes

TraderDad,

I do agree with you on the Licensing deals and the China launch, but no company would dare to insult Poynt with what they have accomplished and offer a buyout of 20 cents a share; although, I think they would come in at around 50 cents to test the shareholders and see if they will give in. 

Meeky

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