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

Comment by hesuveron Aug 30, 2012 11:02am

111 Views

Post# 20279110

RE: RE: Is Intertainment purchasing ?????

cabbieJBJ you are entirely correct. From Andrew's statement " INT not just wanted a pound of flesh, but wanted the whole body" that Intertainment is seeking to purchase Poynt cheaply. They are doing it in a very covert manner.

Very soon the SP would gain some respectability and that would put Poynt out of the reach of Intertainment (not certain that Socius is also involved).

Bullboard Posts

Debt-free cannabis company set for next stage of growth