NICHOLAS APPLEGATE CV&INC FD
SymbolNCZ

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Nicholas-Applegate Convertible & Income Fund II Reports Results for the Fiscal Quarter Ended May 31, 2009

2009-07-31 16:00 ET - News Release

Also News Release (U-AZ) ALLIANZ SE


Company Website: http://www.allianzinvestors.com
NEW YORK -- (Business Wire)

Nicholas-Applegate Convertible & Income Fund II (the "Fund") (NYSE:NCZ), a diversified closed-end management investment company which seeks to provide total return through a combination of capital appreciation and high current income, today announced its results for the fiscal quarter ended May 31, 2009.

    May 31,
2009   2008
Net Assets (a) $651,568,066 $1,253,111,039
Common Shares Outstanding 59,994,092 59,407,723
Net Asset Value ("NAV") $6.29 $12.59
Market Price $6.07 $12.72
Premium (Discount) to NAV (3.50)% 1.03%
Undistributed Net Investment Income Per Common Share (b) $0.1289 $0.0543
 
Quarter ended May 31,
20092008
Net Investment Income (c) $15,539,041 $28,734,685
Per Common Share (c) $0.26 $0.48
Net Realized and Change in Unrealized Gain (c) $114,316,476 $9,631,195
Per Common Share (c) $1.90 $0.16

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