NFJ Dividend Interest & Premium Strategy Fund (NFJ)

The performance number from the year of the Fund's inception is the cumulative return over a partial year.

Past performance is no guarantee of future results. An investment in the Fund involves risk, including loss of principal. Investment return and the value of shares will fluctuate.
 

This information is unaudited and is intended for informational purposes only.

The primary objective of the NFJ Dividend Interest and Premium Strategy Fund is to seek current income, with a secondary objective of capital appreciation. The Fund will invest its net assets (plus any borrowings for investment purposes) in dividend-paying or other income-producing equity securities including common stock, preferred stock and other equity-related securities, such as debt instruments and preferred stocks convertible into common stock and related synthetic instruments. The Fund may also invest in non-U.S. securities other than ADRs, including emerging market securities. Investing in non-U.S. securities may entail risk due to foreign economic and political developments; this risk may be enhanced when investing in emerging markets.

The convertible component will ordinarily consist of convertible securities, including synthetic convertible securities, and may include convertible securities that are of below investment grade quality. Funds that invest in convertibles may have to convert the securities before they would otherwise, which may have an adverse effect on the Fund's ability to achieve its investment objective. High-yield securities typically have a lower credit rating than other securities which generally involves a greater risk to principal.

The Fund will employ its index option strategy by writing (selling) call options on equity indexes such that the underlying value of the indexes are approximately equal to and do not exceed the value of the equity component of the Fund. The Fund may also utilize other derivative strategies involving call and put options, futures and forward contracts, swap agreements, short sales and other derivative instruments in an attempt to hedge against market and other risks in the portfolio. Use of these instruments may involve certain costs and risks such as liquidity risk, interest rate risk, market risk, credit risk, management risk and the risk that a fund could not close out a position when it would be most advantageous to do so. Portfolios investing in derivatives could lose more than the principal amount invested in these instruments.

Returns are calculated by subtracting the value of a share at the beginning of the period from the value at the end and dividing the difference by the initial value, expressing the result as a percent change. The calculation assumes that all distributions during the period have been reinvested on the payable dates, at NAV or at market price according to how the returns are labeled. The returns do not reflect broker sales charges or commissions. Net asset value (NAV) is total assets less total liabilities divided by the number of shares outstanding.

Dividend Yield (Market) is calculated by annualizing the most recent regular distribution per share and dividing by the closing market price listed above. The Fund's distributions may be comprised of ordinary income, net capital gains, return of capital or a combination thereof. Distribution rates on Fund common shares are subject to change and are not a quotation of fund performance. Please refer to the most recent Section 19 Notice, if applicable, for additional information regarding the composition of distributions.

The Funds are closed-end exchange traded investment companies. The material on this website is presented only to provide information and is not intended for trading purposes. Closed-end funds, unlike open-end funds, are not continuously offered. After the initial public offering, shares are sold on the open market through a stock exchange. Investment policies, management fees and other matters of interest to prospective investors may be found in each closed-end fund prospectus. For additional information, please contact your financial advisor. This update is distributed by Allianz Global Investors Distributors LLC, 1633 Broadway, New York, NY 10019-7585.

Allianz Global Investors Fund Management LLC, is an indirect, majority-owned subsidiary of Allianz Global Investors of America L.P. and is a member of Munich-based Allianz Group . Allianz is a leading global financial services company. Funds are managed by Allianz Global Investors Fund Management LLC, and the sub-advisers are Allianz Global Investors Capital LLC (AGIC) and NFJ Investment Group LLC (NFJ).