Allianz Global Investors Fund Management declares shareholder approval of two funds for reorganisation into AllianzGI Equity & Convertible Income Fund
M2 - Wed Jan 15, 5:43AM CST
Allianz Global Investors Fund Management LLC (AGIFM) revealed on Tuesday that at a joint special meeting of shareholders of closed-end management investment companies, AllianzGI Global Equity & Convertible Income Fund (NYSE:NGZ) shareholders and AllianzGI Equity & Convertible Income Fund (NYSE:NIE) shareholders approved the reorganisation of (NYSE:NGZ) into (NYSE:NIE), with (NYSE:NIE) continuing as the surviving fund.