(Source: Business Wire)
Nicholas-Applegate International & Premium Strategy Fund (the "Fund")
(NYSE: NAI), a diversified closed-end management investment company
which seeks total return comprised of current income, current gains and
long-term capital appreciation, today announced its results for the
fiscal quarter and six months ended August 31, 2009.
At August 31,
2009 2008
Net Assets $145,111,658 $189,394,784
Shares Outstanding 9,775,784 9,775,784
Net Asset Value ("NAV") $14.84 $19.37
Market Price $14.50 $17.27
Discount to NAV (2.29 )% (10.84 )%
Quarter ended August 31,
2009 2008
Net Investment Income $548,670 $437,837
Per Share $0.05 $0.05
Net Realized and Change in Unrealized Gain (Loss) $10,529,255 $(26,221,931 )
Per Share $1.08 $(2.69 )
Six Months ended August 31,
2009 2008
Net Investment Income $2,379,073 $3,092,974
Per Share $0.24 $0.32
Net Realized and Change in Unrealized Gain (Loss) $41,903,065 $(15,816,316 )
Per Share $4.29 $(1.62 )
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Allianz Global Investors Fund Management LLC ("AGIFM"), an indirect,
wholly-owned subsidiary of Allianz Global Investors of America L.P.,
serves as the Fund's Investment Manager and is a member of Munich-based
Allianz Group (NYSE: AZ). Nicholas-Applegate Capital Management LLC, an
affiliate of AGIFM, serves as the Fund's sub-adviser.
The Fund's daily New York Stock Exchange closing price, net asset value
per share, as well as other information, is available at http://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 what
is 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.
A service of YellowBrix, Inc.
