AllianzGI Convertible & Income Fund, is a diversified, closed-end management investment company. The Fund’s investment objective is to provide total return through a combination of capital appreciation and high current income. It invests in a diversified portfolio of domestic convertible securities and non-convertible, high-yield bonds rated below investment grade. The Company seeks to invest at least 50% of its portfolio in convertibles. Its portfolio includes in sectors, such as automobiles, commercial banks, computers and peripherals, insurance, Internet and catalog retail, and pharmaceuticals. Allianz Global Investors Fund Management LLC serves as the Fund’s investment manager. Its sub-advisors include Pacific Investment Management Company LLC, Allianz Global Investors Capital LLC and NFJ Investment Group LLC.