Business & Finance
Business and Finance
Business and Finance
Wed, December 22, 2010
Tue, December 21, 2010 NCV and NCZ Declare Special Year-End Income Dividends
NEW YORK--([ BUSINESS WIRE ])--The Board of Trustees of AGIC Convertible & Income Fund (NYSE: NCV) and AGIC Convertible & Income Fund II (NYSE: NCZ) (the aFundsa) announced today that they have declared the following special year-end income dividends:
| AGIC Convertible & Income Fund | $0.1725 per common share | ||||||||
| AGIC Convertible & Income Fund II | $0.1400 per common share |
The dividends will be payable on January 7, 2011 to shareholders of record on December 31, 2010, with an ex-dividend date of December 29, 2010.
The Fundsa™ 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 objective.
Allianz Global Investors Fund Management LLC (aAGIFMa), an indirect, wholly-owned subsidiary of Allianz Global Investors of America L.P., serves as the Funda™s investment manager and is a member of Munich-based Allianz Group. Allianz Global Investors Capital LLC, an AGIFM affiliate, serves as the Fundsa™ sub-adviser.
The Fundsa™ 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 [ www.allianzinvestors.com ] or by calling the Fundsa™ 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 Fundsa™ 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 Fundsa™ ability to pay dividends to common shareholders is subject to the restrictions in its registration statement, by-laws and other governing documents, as well as the Investment Company Act of 1940.
