NFJ, NAI, NIE and NGZ Declare Quarterly Distributions
June 11 2010 - 4:00PM
Business Wire
The Board of Trustees of NFJ Dividend, Interest, & Premium
Strategy Fund (NYSE:NFJ), Nicholas-Applegate International &
Premium Strategy Fund (NYSE:NAI), Nicholas-Applegate Equity &
Convertible Fund (NYSE: NIE) and Nicholas-Applegate Global Equity
& Convertible Income Fund (NYSE: NGZ) (collectively, the
“Funds”) announced today they have declared the following quarterly
distributions.
Distribution Fund per Share NFJ Dividend, Interest,
& Premium Strategy Fund (NFJ) $0.15 Nicholas-Applegate
International & Premium Strategy Fund (NAI) $0.46
Nicholas-Applegate Equity & Convertible Fund (NIE) $0.28
Nicholas-Applegate Global Equity & Convertible Income Fund
(NGZ) $0.30
The dividends will be payable on June 29, 2010 to shareholders
of record on June 21, 2010, with an ex-dividend date of June 17,
2010.
The estimated sources of the Funds’ current distributions are as
follows:
Net Investment
Short-Term Long-Term Return of Total Income Capital Gains Capital
Gains Capital Per Fund Per Share Per Share Per
Share Per Share Share NFJ Dividend, Interest, &
Premium Strategy Fund (NFJ) $0.15 - - - $0.15 Nicholas-Applegate
International & Premium Strategy Fund (NAI) - - - $0.46 $0.46
Nicholas-Applegate Equity & Convertible Fund (NIE) - $0.28 - -
$0.28 Nicholas-Applegate Global Equity & Convertible Income
Fund (NGZ) - - - $0.30 $0.30
The actual composition and character of the distributions
described 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. 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. 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, Nicholas-Applegate Capital Management LLC, Oppenheimer
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 September 10, 2010 and be payable on or
about September 29, 2010.
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), Nicholas-Applegate
Capital Management LLC (manager of NFJ’s convertible component as
well as NAI, NIE and NGZ) and Oppenheimer Capital LLC (manager of
NFJ’s index option strategy), 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. There can be no assurance that the Funds will meet
its stated objective.
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