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AllianzGI Global Equity & Convertible Income Fund
Ticker Symbol: NGZ* CUSIP: 01882W100 Previous CUSIP: 00119R108 Exchange: NYSE
* NOTE: This security is no longer trading as of 1/27/14
Company's Online Profile
FUND DESCRIPTION: AllianzGI Global Equity & Convertible Income Fund, formerly AGIC Global Equity & Convertible Income Fund, formerly the Nicholas-Applegate Global Equity & Convertible Income Fund, is an exchange-traded closed-end fund or a closed-end ETF that is officially described as a diversified, closed-end management investment company. INVESTMENT OBJECTIVE: The AllianzGI Global Equity & Convertible Income Fund seeks total return comprised of capital appreciation, current income and gains. FUND STRATEGY: The Fund's Equity Component will ordinarily consist of common stocks, but may also include other types of equity securities, including preferred stocks, depository receipts, rights and warrants. The Fund ordinarily expects to focus its equity investments in companies with larger market capitalizations in relation to other companies in their particular markets, but may invest in securities of companies of any size. The non-U.S. companies in which the Fund invests may have market capitalizations that are small in relation to larger U.S. companies. Investing in non-U.S. securities entails additional risks. The Fund's Convertible Component will ordinarily consist principally of income-producing convertible securities of U.S and non-U.S. issuers, including bonds, debentures, notes, preferred stocks, and other securities or investments that may be converted or exchanged (by the holder or issuer) into equity securities of the issuer (or cash or securities of equivalent value), as well as synthetic convertible securities. The Fund will employ its Option Strategy by writing (selling) call options on stocks held in the Equity Component and on equity indexes. The Fund may also utilize other derivative strategies involving call and put options, futures and forward contracts, swap agreements, short sales and other derivative instruments for investment purposes or in an attempt to hedge against market and other risks in the portfolio. FUND MANAGEMENT: Allianz Global Investors Fund Management LLC serves as the investment manager of the Fund.
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Notes: January 27, 2014 - Allianz Global Investors Fund Management LLC (AGIFM) announced that the reorganization of AllianzGI Global Equity & Convertible Income Fund (NYSE: NGZ) with and into AllianzGI Equity & Convertible Income Fund (NYSE: NIE) is effective as of the opening of business of the New York Stock Exchange on January 27, 2014. In the reorganization, common shareholders of NGZ received an amount of NIE common shares equal to the net asset value of their holdings of NGZ common shares as determined at the close of business on January 24, 2014. Fractional NIE shares were not issued in the reorganization and consequently cash will be distributed for any such fractional amounts.
Relevant details pertaining to the reorganization are as follows:
Fund NAV/Share Conversion ($) Ratio
AllianzGI Equity & Convertible Income Fund (NIE) $21.82961 N/A
AllianzGI Global Equity & Convertible Income Fund (NGZ) $16.80705 0.76991984
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IPO - 9/27/2007 - 7.00 Million Shares @ $25.00/share.
Link to IPO Prospectus
Previous Name: AGIC Global Equity & Convertible Income Fund Changed: 1/28/13
Micro Cap Stock -
Market Value $ 99.2 Million
Yahoo News Summary for NGZ*
YAHOO! Profile for NGZ*
Yahoo Detailed Quote
MarketWatch Quote
MSN Company Report for NGZ*
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Company's Online Information Links
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| Company's Online SEC EDGAR Filings |
| Company's Email Address Links |
| Address and Phone Numbers |
| Address: 1633 Broadway, New York, NY 10019 |
| Main Phone Number |
212-739-3371 |
| Fax Number |
Not Available |
| Investor Contact
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800-254-5197
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| Toll Free Phone Number |
800-988-8380 |
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