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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 zoltar143on Dec 10, 2012 4:30pm
157 Views
Post# 20709495

RE: Bad deal coming

RE: Bad deal coming

Acelove is it a closed deal whereby INT pays off Poynt's creditors and get the entire company?

 

If that is the case they did not get a pound of flesh but the whole darn body.

 

Anyway when the CEO was only spending and signing deals (like the INT secured loan) he apparently signed away the entire company.

I don't feel the Christmas spirit but I feel like Clause,... Santa Clause.

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