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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

Post by bigpocketsincon Oct 16, 2012 9:02am
305 Views
Post# 20487667

$ 1,000,000 - POST FROM DDUBS -

$ 1,000,000 - POST FROM DDUBS -

Posted by DDUBS last week :

Poynt won't need much more money
10/12/2012 8:31:03 PM | | 275 reads | Post #31653102

I think that poynt will not need the 4 million. I have heard that just over 1 million will take them until the China money is in. Poynt will get another extension giving them time to prepare proposal to creditors and exit BP. Have a geat weekend.

Read more at https://www.stockhouse.com/bullboards/messagedetail.aspx?p=0&m=31653102&l=0&r=0&s=pyn&t=LIST#KyRoVczhfHljZeqo.99

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