The Board of Trustees of AllianzGI Equity & Convertible Income Fund (NYSE:NIE) announced today they have declared the following quarterly distribution.

     
Fund  

Distribution per
Common Share

AllianzGI Equity & Convertible Income Fund

 

$0.38

 

The distribution will be payable on January 5, 2016 to shareholders of record on December 28, 2015 with an ex-dividend date of December 23, 2015.

The actual composition and character of the distribution stated above and future distributions of the Fund may be materially different from the composition or character of such distributions that existed at the time of this press release and may be comprised of net investment income, capital gains and/or return of capital. Such factors include the varied nature of the Fund’s investments and the performance of those investments, and that the ultimate characterization of the Fund’s distribution cannot finally be determined until the end of the Fund’s fiscal year, resulting in the possibility of a return of capital if the Fund makes total distributions in an amount that exceeds its net investment income and net realized capital gains during its fiscal year. Additional information as applicable regarding the composition of the distribution will be made available at us.allianzgi.com/closedendfunds.com after the payable date. As a result of the foregoing and other factors, no assurance can be given as to the actual composition or character of the Fund’s distribution at the time of this press release and neither the Fund, Allianz Global Investors Fund Management LLC (“AGIFM”), Allianz Global Investors U.S. LLC, nor any of its trustees, members, officers or employees assumes responsibility for such statements.

This notice should not be used to prepare tax returns. In January 2016, Form 1099-DIV (or substitute Form 1099-DIV) will be sent to shareholders and will state the aggregate amount and tax characteristics of distributions for the 2015 calendar year.

It is anticipated that the Fund’s next quarterly distribution will be declared on or about March 4, 2016 and be payable on or about March 24, 2016.

AGIFM, 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. Allianz Global Investors U.S. LLC is an AGIFM affiliate and serves as the Fund’s sub-adviser.

The Fund’s daily New York Stock Exchange closing market price and net asset value per share, as well as other information, including portfolio statistics and performance is available at us.allianzgi.com/closedendfunds.com or by calling the Fund’s shareholder servicing agent at 800-254-5197.

Statements made in this release that look forward in time involve risks and uncertainties and are forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such risks and uncertainties include, without limitation, the adverse effect from a decline in the securities markets or a decline in the Fund’s performance, a general downturn in the economy, competition from other companies, changes in government policy or regulation, inability to attract or retain key employees, inability to implement its operating strategy and/or acquisition strategy, and unforeseen costs and other effects related to legal proceedings or investigations of governmental and self-regulatory organizations.