AllianzGI NFJ Dividend, Interest & Premium Strategy Fund (NFJ)

AllianzGI NFJ Dividend, Interest & Premium Strategy Fund (NFJ) is a popular closed end fund. It invests in common stocks, convertible and using option to enhance its returns. This fund has a high dividend yield of 12.74%.

The fund managers are Benno J. Fischer and Douglas Forsyth. This fund has $1.5 billion of assets. The fund sponsor is Allianz Global Investors Fund Management LLC. The expense fee is 0.95% per year. The current share price is $14.21. The market price is trading 12.77% discount from its NAV (Net Asset Value).

NFJ Fund Profile

    AllianzGI NFJ Dividend, Interest & Premium Strategy Fund (NFJ)
  • Fund Inception Date: 02/28/2005
  • Ticker Symbol: NFJ
  • CUSIP: 01883A107
  • Rank in category (YTD): 26%
  • Category: US Equity-Covered Call
  • Yield: 12.74%
  • Effective Leverage: -
  • Capital Gains: -
  • Premium/ Discount: -12.77%
  • Base Expense Ratio: 0.90%
  • Net Assets: $ 1.5 billion
  • Annual Turnover Rate: 47.0%

Fund Performance

Morningstar has ranked this AllianzGI NFJ Dividend, Interest & Premium Strategy Fund with 2 stars rating. In 2015, it has year to date return of -4.10%. This equity fund has returned 3.87% over the past 3 year, and 9.77% over the past 5 years. You can buy this fund from your brokerages. Fund returns:
  • Year 2015: 1.25% (YTD)
  • Year 2014: 6.30%
  • Year 2013: 2.23%
  • Year 2012: 21.43%
  • Year 2011: 7.79%
  • Year 2010: 15.42%
Top 5 stocks in its portfolio are AT&T Inc, Total SA ADR, Royal Dutch Shell PLC ADR A, Ford Motor Company, and JPMorgan Chase & Co. Top 4 sectors are financials, energy, health care, and information technology. This closed end fund has 154 holdings in its assets.

  • It has a high yield for income.
  • This AllianzGI fund is trading at discount.
  • Performance has been lagging.

Fund Information

Fund objective is to provide income and gains, with a secondary objective of long-term capital appreciation.

Fund Risk

This closed end fund involves investment risks. The risks include market risk, call option risk, derivatives risk, interest rate risk, liquidity risk, etc.


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