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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 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

Post by All-in-Oneon Jul 16, 2012 10:59am
311 Views
Post# 20116855

17 million and counting

17 million and counting

Poynt expects to have 40 million users by the end of 2012

Seems like 2011 was a building year for Poynt. In the press release they noted that “As of April 30, 2012 the Platform’s unique user base exceeds 15.4 million.” Finally, Andrew Osis, CEO, Poynt, stated “through both geographic expansion and new preload agreements, our position in the mobile application space is strengthening. We expect to exceed 40 million users by the end of 2012, including 20 million new users from our China Joint Venture.”

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