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 year ended January 31, 2017.
At January 31, | ||||||||||
2017 | 2016 | |||||||||
| Net Assets | $1,395,115,776 | $1,288,318,746 | ||||||||
| Shares Outstanding | 94,801,581 | 94,801,581 | ||||||||
| Net Asset Value ("NAV") | $14.72 | $13.59 | ||||||||
| Market Price | $13.03 | $11.50 | ||||||||
| Discount to NAV | (11.48)% | (15.38)% | ||||||||
Quarter ended January 31, | ||||||||||
2017 | 2016 | |||||||||
| Net Investment Income | $7,576,284 | (a) | $9,315,758 | |||||||
| Per Share | $0.08 | (a) | $0.10 | |||||||
| Net Realized and Change in Unrealized Gain (Loss) | $68,811,544 | (a) | $(115,958,153 | ) | ||||||
| Per Share | $0.73 | (a) | $(1.22 | ) | ||||||
Year ended January 31, | ||||||||||
2017 | 2016 | |||||||||
| Net Investment Income | $32,796,080 | (a) | $36,371,162 | |||||||
| Per Share | $0.35 | (a) | $0.38 | |||||||
| Net Realized and Change in Unrealized Gain (Loss) | $187,762,848 | (a) | $(198,347,915 | ) | ||||||
| Per Share | $1.98 | (a) | $(2.09 | ) | ||||||
(a) | Net Investment Income for the fiscal quarter and year ended January 31, 2017 includes market premium amortization on corporate bonds of $25,484, respectively, (less than $0.01 per share). For tax purposes, the Fund has elected not to amortize market premium on corporate bonds. |
Allianz Global Investors U.S. LLC ("AllianzGI U.S."), 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. NFJ Investment Group LLC, an affiliate of AllianzGI U.S.,manages the Fund's equity component and AllianzGI U.S. manages the Fund's convertible and index option strategy components.
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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Contacts:
Financial Advisors:
(800) 926-4456
Shareholders: (800) 254-5197
Media Relations:
(212) 739-3505
