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.

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Pimco New York Municipal Income Fund III

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Post by timclarkeson Dec 23, 2012 9:47am

249 Views

Post# 20767176

Nothing for a month. Awaiting cyl payment

We all know that acelove(tennis guy) is messed up but one must wonder why it has been 1 month since the closing date of the auction and we haven't heard a thing. It almost seems that if Andrew approached the court asking for time until cyl makes payments??

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