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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
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Comment by mastiff33on Nov 04, 2012 9:09am
331 Views
Post# 20560045

RE: RE: RE: RE: POYNT 4: Things just don't add up

RE: RE: RE: RE: POYNT 4: Things just don't add up

I think we will never know what was actually going on behind the curtain. Thinking way back we actually never received any actual data on China, coupons never materialized........ it was always big talk without any concrete details....

Sorry to say but I think we were all fooled by somebody who knew for the longest time what's going on with POYNT.

GLTA!!!

If interested please check SPY...positive developments lately.....

GLTA!!!

Bullboard Posts
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