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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 bugoffon Jan 11, 2013 5:38pm
194 Views
Post# 20828310

RE: RE: RE: POYNT SHAREHOLDERS:

RE: RE: RE: POYNT SHAREHOLDERS:

The only thing a class action law suit will get you is a portion of the lawyers bill and it MIGHT ensure that someone looses everything they have. But by now, most of those assets have been sheltered in one way or the other, and you are likely to get the lawyers bill alone.

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