AGIC Equity & Convertible Income Fund Reports Results for the Fiscal Quarter and Year Ended January 31, 2012
29 Marzo 2012 - 10:00PM
Business Wire
AGIC Equity & Convertible Income Fund (the "Fund") (NYSE:
NIE), a diversified closed-end management investment company which
seeks total return comprised of capital appreciation, current
income and gains, today announced its results for the fiscal
quarter and year ended January 31, 2012.
At January
31,
2012
2011
Net Assets $ 430,094,864 $ 452,406,380 Shares Outstanding
22,304,189 22,304,189 Net Asset Value ("NAV") $ 19.28 $ 20.28
Market Price $ 17.22 $ 19.30 Discount to NAV (10.68 )% (4.83 )%
Quarter ended
January 31,
2012
2011
Net Investment Income $ 2,022,256 $ 2,302,959 Per Share $ 0.09 $
0.11 Net Realized and Change in Unrealized Gain $ 15,577,504 $
37,196,983 Per Share $ 0.70 $ 1.66
Year ended January
31,
2012
2011
Net Investment Income $ 8,034,567 $ 8,879,051 Per Share $ 0.36 $
0.40 Net Realized and Change in Unrealized Gain (Loss) $ (5,365,391
) $ 76,416,188 Per Share $ (0.24 ) $ 3.42
Allianz Global Investors Fund Management LLC ("AGIFM"), an
indirect, wholly-owned subsidiary of Allianz Asset Management of
America L.P. (formerly Allianz Global Investors of America L.P.)
serves as the Fund's investment manager and is a member of
Munich-based Allianz Group. Allianz Global Investors Capital LLC,
an affiliate of AGIFM, serves as the Fund's sub-adviser.
The Fund's daily New York Stock Exchange closing market price,
NAV, as well as other information, is available at
www.allianzinvestors.com/closedendfunds or by calling the Fund's
shareholder servicing agent at (800) 254-5197.
The financial information contained herein is solely based upon
the data available at the time of publication of this press
release, and there is no assurance that any future results will be
the same or similar to the results reported herein. Information
that was obtained from third party sources we believe to be
reliable is not guaranteed as to its accuracy or completeness. This
press release contains no recommendations to buy or sell any
specific securities and should not be considered investment advice
of any kind. Past performance is no guarantee of future results and
the investment returns generated by the Fund will fluctuate. There
can be no assurance that the Fund will meet its stated objective.
In making any investment decision, individuals should utilize other
information sources and the advice of their own professional
adviser.
Grafico Azioni Virtus Equity and Conver... (NYSE:NIE)
Storico
Da Giu 2024 a Lug 2024
Grafico Azioni Virtus Equity and Conver... (NYSE:NIE)
Storico
Da Lug 2023 a Lug 2024