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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 zoltar143on Feb 03, 2013 12:30pm
553 Views
Post# 20930951

FYI

FYI

RE: RE: have you tried POYNTS app..........
2/3/2013 11:59:01 AM | | 37 reads | Post #32118292

The only thing that's changed is Poynt no longer has an obligation to previous share holders and now is semi private. I hope that by DL securing loans with INT's assets the same doesn't happen here. It is a brilliant move to screw the shareholders out of Poynt and could be shaping up the same way with INT as an outsider looking in the similarities are striking and legal.

I bought more again last week I am hoping for the best, one nice run is all that is needed. I recommend doing some research on the Poynt players and what exactly happened, I believe there is more to it than anyone here knows.

big news before tomorrow's open, that's what I betting on, as for making millions on Poynt....don't hold your breath.


Read more at https://www.stockhouse.com/bullboards/messagedetail.aspx?p=0&m=32118292&l=0&r=0&s=INT&t=LIST#zMMhibyAIhTllcHP.99

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