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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 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.


NYSE:PYN - Post by User

Comment by badsteron Jun 07, 2012 7:20am
333 Views
Post# 19988402

RE: RE: Shorts

RE: RE: Shorts

talk about kicking a group when their down! why dont' you give it a rest. People lost money here, many trusting mgmt would do right by them. I think many have learned a valuable lesson here, aside from the trust no one, stock is nothing more than a currency to raise $. Why should Andrew care about how much stock issues and what price, all he cares about is getting money inn to the company. I promise he wouldnt care if there were 10 billion O/S.  Seems like many many on this board were having a love affair with this company, meanwhile sh'es been sleeping with every dude in town for cheap no less.

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