NFJ, NAI, NIE, and NGZ Declare Quarterly Dividends
September 10 2010 - 4:00PM
Business Wire
The Board of Trustees of NFJ Dividend, Interest, & Premium
Strategy Fund (NYSE:NFJ), AGIC International & Premium Strategy
Fund (NYSE:NAI), AGIC Equity & Convertible Fund (NYSE: NIE) and
AGIC Global Equity & Convertible Income Fund (NYSE: NGZ)
(collectively, the “Funds”) announced today they have declared the
following quarterly distributions.
Fund
Distributionper Share
NFJ Dividend, Interest, & Premium Strategy Fund (NFJ)
$0.15 AGIC International & Premium Strategy Fund (NAI)
$0.40 AGIC Equity & Convertible Fund (NIE) $0.28 AGIC Global
Equity & Convertible Income Fund (NGZ) $0.30
The dividends will be payable on September 29, 2010 to
shareholders of record on September 20, 2010, with an ex-dividend
date of September 16, 2010.
NAI’s quarterly dividend was reduced to $0.40 per share from
$0.46 per share due to market conditions.
The actual composition and character of the distributions stated
above and future distributions of the Funds may be materially
different from the composition or character of such distributions
that existed at the time of this press release and may be comprised
of net investment income, capital gains and return of capital. Such
factors include the varied nature of each Fund’s investments and
the performance of those investments, and that the ultimate
characterization of each Fund’s distributions cannot finally be
determined until the end of each Fund’s fiscal year, resulting in
the possibility of a return of capital if any Fund makes total
distributions in an amount that exceeds its net investment income
and net realized capital gains during its fiscal year. Additional
information as applicable regarding the composition of the
distribution will be made available at
www.allianzinvestors.com/closedendfunds after the payable date. As
a result of the foregoing and other factors, no assurance can be
given as to the actual composition or character of each Fund’s
distributions at the time of this press release and neither the
Funds, Allianz Global Investors Fund Management LLC (“AGIFM”), NFJ
Investment Group LLC, Allianz Global Investors Capital LLC, nor any
of their trustees, members, officers or employees assumes
responsibility for such statements.
This notice should not be used to prepare tax returns. In
January 2011, Form 1099 DIV (or substitute Form 1099DIV) will be
sent to shareholders that will state the aggregate amount and tax
characterizations of distributions for the 2010 calendar year.
It is anticipated that the Funds’ next quarterly dividend will
be declared on or about December 21, 2010 and be payable on or
about January 7, 2011.
AGIFM, an indirect, wholly-owned subsidiary of Allianz Global
Investors of America L.P., serves as the Funds’ investment manager
and is a member of Munich-based Allianz Group. NFJ Investment Group
L.P. (manager of NFJ’s equity component), Allianz Global Investors
Capital LLC (manager of NFJ’s convertible component and index
option strategy as well as NAI, NIE and NGZ), each an AGIFM
affiliate, serve as the Funds’ sub-advisers. Allianz is a leading
global financial services company.
The Funds’ daily New York Stock Exchange closing prices and net
asset values per share as well as other information, including
portfolio statistics and performance is available at
www.allianzinvestors.com/closedendfunds or by calling the Fund’s
shareholder servicing agent at 800-254-5197.
Statements made in this release that look forward in time
involve risks and uncertainties and are forward looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995. Such risks and uncertainties include, without limitation,
the adverse effect from a decline in the securities markets or a
decline in the Funds’ performance, a general downturn in the
economy, competition from other companies, changes in government
policy or regulation, inability to attract or retain key employees,
inability to implement its operating strategy and/or acquisition
strategy, and unforeseen costs and other effects related to legal
proceedings or investigations of governmental and self-regulatory
organizations.
Virtus Dividend Interest... (NYSE:NFJ)
Historical Stock Chart
From Jun 2024 to Jul 2024
Virtus Dividend Interest... (NYSE:NFJ)
Historical Stock Chart
From Jul 2023 to Jul 2024