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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 hopeandaprayeron Aug 15, 2012 11:25am
210 Views
Post# 20220036

RE: RE: I am not going to answer bashers

RE: RE: I am not going to answer bashers

i held PYN at one time, and no longer do. But I do own shares in INT; I'm not reading this board to bash, but to keep up to date with my indirect investment in PYN through INT. As an INT shareholder, I certainly want to see INT get the 1.5 million back. It isn't bashing to wonder about all the delays in the effort to secure financing. 

 

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