For information on PIMCO, Nicholas Applegate, and NFJ Closed-End Funds:

Financial Advisors: (800) 628-1237

Shareholders: (800) 285-4086

Media Relations: (212) 739-3501

Allianz Global Investors Fund Management Posts Updated Closed-End Fund Cards

NEW YORK, July 27, 2009 -- Allianz Global Investors Fund Management LLC (the "Investment Manager") announced today that Fund Cards, which contain statistical information on the funds listed below as of June 30, 2009, are now available at http://www.allianzinvestors.com/closedEndFunds/literature/funds.jsp

The Investment Manager is an indirect, wholly-owned subsidiary of Allianz Global Investors of America L.P., a member of Munich-based Allianz Group (NYSE:AZ).

Updated Fund Cards are available for the following funds:

• PIMCO Municipal Income Fund (NYSE:PMF)
• PIMCO New York Municipal Income Fund (NYSE:PNF)
• PIMCO California Municipal Income Fund (NYSE:PCQ)
• PIMCO Municipal Income Fund II (NYSE:PML)
• PIMCO New York Municipal Income Fund II (NYSE:PNI)
• PIMCO California Municipal Income Fund II (NYSE:PCK)
• PIMCO Municipal Income Fund III (NYSE:PMX)
• PIMCO New York Municipal Income Fund III (NYSE:PYN)
• PIMCO California Municipal Income Fund III (NYSE:PZC)
• PIMCO Municipal Advantage Fund Inc. (NYSE:MAF)
• PIMCO Corporate Income Fund (NYSE:PCN)
• PIMCO Corporate Opportunity Fund (NYSE:PTY)
• PIMCO High Income Fund (NYSE:PHK)
• PIMCO Floating Rate Income Fund (NYSE:PFL)
• PIMCO Floating Rate Strategy Fund (NYSE:PFN)
• PIMCO Income Opportunity Fund (NYSE:PKO)
• PCM Fund Inc. (NYSE:PCM)
• PIMCO Strategic Global Government Inc. (NYSE:RCS)
• Nicholas-Applegate Convertible & Income Fund (NYSE:NCV)
• Nicholas-Applegate Convertible & Income Fund II (NYSE:NCZ)
• NFJ Dividend, Interest & Premium Strategy Fund (NYSE:NFJ)
• PIMCO Global StocksPLUS & Income Fund (NYSE:PGP)
• Nicholas-Applegate International & Premium Strategy Fund (NYSE:NAI)
• Nicholas-Applegate Equity & Convertible Income Fund (NYSE:NIE)
• Nicholas-Applegate Global Equity & Convertible Income Fund (NYSE:NGZ)

The Funds' daily New York Stock Exchange closing prices, the latest available net asset values per share, as well as other information, is available by calling the Funds' shareholder servicing agent at 1-800-254-5197. In addition, this information plus updated portfolio statistics and performance numbers are available at http://www.allianzinvestors.com/closedendfunds/index.jsp