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.

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Pimco New York Municipal Income Fund III

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Post by zoltar143on Jun 01, 2012 3:08pm

427 Views

Post# 19972230

I was listening to the webcast again

Around the 21:20 mark on the webcast (and it went unnoticed on my previous "listens") it seems that a question asked regarding any interest by Google.

Andrew said that he could not comment. In a legal scenario he can neither admit or deny any talks with Google.

To me that means that there is takeover talks in progress:

https://public.viavid.com/index.php?id=100646.

Am I listening to this out of context? There seems to be some interest from Google

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