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 Jan 09, 2013 10:23pm

108 Views

Post# 20818421

RE: RE: RE: RE: Cant lick em join em!

Agree with you 4whatitsworth.

But Poynt is not going to realize the revenue stream that was expected. The Chinese will state that the app was not properly subscribed and may claim to have about 100K users. Then Poynt will sink into oblivion taking INT with it!

Poetic justice I say!

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