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.

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Pimco New York Municipal Income Fund III

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Comment by airgoddafion Jun 02, 2012 2:29pm

251 Views

Post# 19974539

RE: revenue

and it aint like pyn is making 20M in revenue, they are already hardly making any money..... a drop like that means the business model aint working or something aint right

it just all dont make any sense.........

looks to me they are in deep trouble before the CC and now even more so............

oh well dont worry be happy

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