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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

Pimco New York Municipal Income Fund III
Bullboard Posts
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(6)
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Post by billwhiteon Jul 05, 2012 5:14pm
376 Views
Post# 20086308

Never did get the PYN and INT relationship

Never did get the PYN and INT relationship

So, why is it that INt and Pyn did some kind of joint effort together??  What exactly does PYN get out of it  and what does INT get out of it?  Not to familar with INT, never followed KISS.

Bullboard Posts
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