AGIC Convertible & Income II:NCZ

    Manage Alerts


    As of 6/14/2019

    52 Wk Avg$5.55$5.226.18%
    52 Wk High$6.27$5.7714.46%
    52 Wk Low$4.21$4.59-8.28%
    Regular Distribution TypeIncome Only
    Distribution Rate10.78%
    Distribution Amount$0.0450
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund seeks total return with capital appreciation and high current income through investment in convertible and non convertible income producing non investment grade securities

    Capital Structure

    As of 6/14/2019

    Total Net Assets:$536.813M
    Total Common Assets:$374.289M
    Common Shares Outstanding:75,821,603

    As of 2/28/2019

    Preferred Share Assets: $163.000M
    Type of Preferred: Auction rate preferred share
    Total Debt (USD):
    Structural Leverage (USD): $163.000M
    Structural Leverage (%): 29.95%
    Effective Leverage (USD): $163.000M
    Effective Leverage (%): 29.95%
    Annual Expense Ratios

    As of 2/28/2019

      Per Common Share
    Management Fees1.17%
    Other Expenses:0.21%
    Baseline Expense: 1.37%
    Interest Expense:0.08%
    Total: 1.46%
    Fund Management

    Fund Sponsor
    Allianz Global Investors Fund Management LLC

    Portfolio Managers
    Douglas Forsyth (28 Jul 2003)

    Category: Taxable Income-Multi-Sector
    Ticker: NCZ
    NAV Ticker: XNCZX
    Average Daily Volume (shares): 288,000
    Average Daily Volume (USD): $1.573M
    Inception Date: 7/31/2003
    Inception Share Price: $15.00
    Inception NAV: $14.33
    Tender Offer: No
    Term: No
    Fiscal Year End: February 29
    Third Party Links & Reports


    As of 6/14/2019

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 2/28/2019
    Annualized Distribution Rate on NAV:
    As of 6/14/2019
    Total Return on NAV (12 months):
    As of 6/14/2019
    Avg. UNII Per Share:
    As of 8/31/2018
    Avg. Portfolio Coupon:
    As of 6/14/2019
    Total % Portfolio Effectively Leveraged:
    As of 6/14/2019

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 6/14/2019

    PeriodAvg Discount
    6 Month5.25%
    1 Year6.18%
    3 Year3.03%
    5 Year3.13%

    As of 6/17/2019

    3 Month-0.70
    6 Month-0.70
    1 Year-1.20
    Pricing History
    Date NAV Premium / Discount


    Calendar Year Total Returns

    As of 6/14/2019
    Category: Multi-Sector Leveraged

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 6/14/2019
    Category: Multi-Sector Leveraged

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 6/14/2019
    Average Maturity:
    As of 2/28/2019
    4.75 yrs
    Number of Holdings:
    As of 4/30/2019
    Annual Portfolio Turnover:
    As of 2/28/2019
    Asset Allocation

    As of 3/31/2018 reported by Fund Sponsor

    Top Sectors

    As of 2/28/2019 reported by Fund Sponsor

    Financials 20.84%
    Industrials 15.80%
    Information Technology 11.79%
    Health Care 10.87%
    Energy 9.35%
    Consumer Discretionary 7.15%
    Utilities 6.62%
    Materials 6.12%
    Telecommunication Service5.75%
    Real Estate 4.55%
    Top Holdings

    As of 11/30/2018 reported by Fund Sponsor

    HoldingValue% Portfolio
    Wells Fargo & Co, San Francisco Ca Pfd$16.22M2.97%
    FIXED INC CLEARING CORP.REPO 1.30 01 May 2019$15.02M2.75%
    Cheniere Engy Cv 4.25% 4.25 15 Mar 2045$14.05M2.58%
    Becton Dickinson Pfd$13.60M2.49%
    Assurant Inc 6.50% PRF PERPETUAL USD 100$12.60M2.31%
    Sempra Energy Pfd$12.29M2.25%
    RLJ Lodging Trust USD 1.95 Cum Conv Pfd 31 Dec 2049$12.07M2.21%
    Solarcity Cv 1.625% 1.62 01 Nov 2019$11.94M2.19%
    Bk Amer Pfd 31 Dec 2049$11.70M2.14%
    Dominion Energy Inc Unit$11.08M2.03%
    Avid Tech Cv 2% 2.00 15 Jun 2020$10.84M1.99%
    Credit Quality

    As of 2/28/2019 reported by Fund Sponsor

    Maturity Breakdown

    As of 2/28/2019 reported by Fund Sponsor

    Country Allocation

    As of 3/31/2018 reported by Fund Sponsor

    Country% Portfolio
    USA 39.92%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.


    Distribution type sourced from Morningstar. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.