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

Pimco New York Municipal Income Fund III

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Comment by airgoddafion Jun 02, 2012 1:23pm

235 Views

Post# 19974414

RE: you have to ask yourself

you nailed it labs.... i couldnt have said it better....well actuallly i could've but who cares really....

pyn has performed so poorly a ticker reconsideration should be in order......

seroisuly how do you increase user base and drop revenues? man im talking about revenues man..... you lose money to gain subscribers,.....but whats the point if you aint gettin any more revenues?

can any longs explain that seriously?

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