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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 Herviovon Dec 23, 2012 4:00pm
376 Views
Post# 20767679

Que sera, sera

Que sera, sera

I have been following this board ever since I invested myself in Poynt during the fall. I stood on the sideline as this bankruptcy has taken a huge toll on my accounts and I believe I am too small of a player to influence anything. Me too am wondering what those who come here to spell doom are trying to accomplish. I am also curious as to why the process seems to be stalled in the court.

This being said, I would like to encourage Acelove to continue in his attempt to salvage this company. If this is be.s. and he is not really involved in the process, well that will not be the first lie I read on a bullboard. However, if his efforts are genuine and we stand to retrieve something from this investment, by all means leave him alone! What are you gaining from talking him down like that? Go back to the cesspool known as the INT bullboard and argue with you fellow fools about when Orstbo will or will not be spun off. Let us be!

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