AllianzGI NFJ Dividend, Interest & Premium Strategy Fund Reports Results for the Fiscal Quarter & Six Months Ended July 31, 2...
September 29 2017 - 4:00PM
Business Wire
AllianzGI NFJ Dividend, Interest & Premium Strategy Fund
(the "Fund") (NYSE: NFJ), a diversified closed-end management
investment company which seeks current income and gains, with a
secondary objective of long-term capital appreciation, today
announced its results for the fiscal quarter and six months ended
July 31, 2017.
At July
31,
2017
2016
Net Assets $1,382,185,936 $1,369,324,344 Shares Outstanding
94,801,581 94,801,581 Net Asset Value ("NAV") $14.58 $14.44 Market
Price $13.34 $12.73 Discount to NAV (8.50)% (11.84)%
Quarter ended July
31,
2017
2016
Net Investment Income $7,494,575 (a) $8,101,026 Per Share $0.07 (a)
$0.08 Net Realized and Change in Unrealized Gain $24,574,346 (a)
$32,453,852 Per Share $0.27 (a) $0.34
Six Months ended
July 31,
2017
2016
Net Investment Income $15,576,331 (a) $16,403,790 Per Share $0.16
(a) $0.17 Net Realized and Change in Unrealized Gain $28,374,777
(a) $121,482,757 Per Share $0.30 (a) $1.28
(a) Net Investment Income for the fiscal quarter and six months
ended July 31, 2017 includes market premium amortization on
corporate bonds of $42,129 (less than $0.01 per share) and $88,267
(less than $0.01 per share), respectively. For tax purposes, the
Fund has elected not to amortize market premium on corporate
bonds.
Allianz Global Investors U.S. LLC, an indirect, wholly-owned
subsidiary of Allianz Asset Management of America L.P., serves as
the Fund's investment manager and is a member of Munich-based
Allianz Group.
The Fund's daily New York Stock Exchange closing market price,
NAV, as well as other information, is available at
us.allianzgi.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 the Fund will meet its stated objectives. In
making any investment decision, individuals should utilize other
information sources and the advice of their own professional
adviser.
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version on businesswire.com: http://www.businesswire.com/news/home/20170929005465/en/
For Information on Allianz Closed-End Funds:Financial
Advisors: 800-926-4456Shareholders: 800-254-5197Media Relations:
212-739-3505
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