AGIC Convertible and Income Fund II : NCV and NCZ Declare Monthly Common Share Income Dividends
12/01/2011| 04:05pm US/Eastern
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AGIC Convertible & Income Fund
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AGIC Convertible & Income Fund II
The Boards of Trustees of AGIC Convertible & Income Fund (NYSE: NCV) and
AGIC Convertible & Income Fund II (NYSE: NCZ) (collectively, the
"Funds") announced today that they have declared the following dividends
on the Funds' common shares:
The dividends will be payable on January 3, 2012 to shareholders of
record on December 12, 2011, with an ex-dividend date of December 8,
2011.
At November 30, 2011, the Funds' net assets (a) were approximately:
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(in millions)
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AGIC Convertible & Income Fund
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$945.5
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AGIC Convertible & Income Fund II
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$716.0
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(a) Net assets are inclusive of Preferred Shares of $357 million and
$274 million for NCV and NCZ, respectively.
The Funds are closed-end management investment companies. The Funds'
investment objective is to provide total return through a combination of
capital appreciation and high current income. There can be no assurance
that the Funds will achieve their stated objectives.
Allianz Global Investors Fund Management LLC ("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. Allianz Global Investors Capital LLC, an AGIFM affiliate,
serves as the Funds' sub-adviser.
The Funds' daily New York Stock Exchange closing prices, net asset
values per share, as well as other information, including updated
portfolio statistics and performance is available at http://www.allianzinvestors.com/closedendfunds
or by calling the Funds' 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. The Funds' ability to pay dividends
to common shareholders is subject to the restrictions in their
registration statements, by-laws and other governing documents, as well
as the Investment Company Act of 1940.
For Information on AGIC Closed-End Funds:
Financial
Advisors: 800-628-1237
Shareholders: 800-285-4086
Media
Relations: 212-739-3501
© Business Wire 2011
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