AGREEMENT AMONG JOINT INSUREDS
THIS AGREEMENT made as of July 1, 2007 by and among Premier VIT, PIMCO
Municipal Advantage Fund Inc., Fixed Income SHares, PIMCO Municipal Income Fund,
PIMCO California Municipal Income Fund, PIMCO New York Municipal Income Fund,
PIMCO Corporate Income Fund, PIMCO Municipal Income Fund II, PIMCO California
Municipal Income Fund II, PIMCO New York Municipal Income Fund II, PIMCO
Municipal Income Fund III, PIMCO California Municipal Income Fund III, PIMCO New
York Municipal Income Fund III, PIMCO Corporate Opportunity Fund,
Xxxxxxxx-Xxxxxxxxx Convertible & Income Fund, PIMCO High Income Fund,
Xxxxxxxx-Xxxxxxxxx Convertible & Income Fund II, PIMCO Floating Rate Income
Fund, PIMCO Floating Rate Strategy Fund, NFJ Dividend, Interest & Premium
Strategy Fund, Xxxxxxxx-Xxxxxxxxx International & Premium Strategy Fund, PIMCO
Global StocksPLUS & Income Fund, Allianz RCM Global EcoTrends Fund,
Xxxxxxxx-Xxxxxxxxx Equity & Convertible Income Fund, and Allianz Funds (each a
"Trust"), on behalf of each Trust's respective series of shares (the "Funds").
WHEREAS, each of the Trusts and Funds have investment advisers which are
affiliates of each other (each such firm, and any other advisory firm that is an
affiliate of such firms, an "Affiliated Manager")
WHEREAS, the Trusts and Funds are named as insureds under a joint
Investment Company Blanket Bond (the "Bond") issued by National Union Fire
Insurance Company; Great America Insurance Company; and U.S. Fire Insurance
Company (collectively, the "Insurers");
WHEREAS, the Trusts desire to establish (i) the basis on which additional
investment companies for which an Affiliated Manager may hereafter act as
investment adviser may be added as named insureds under the Bond, and (ii) the
criteria by which recoveries under the Bond shall be allocated among the
parties;
NOW, THEREFORE, it is agreed as follows:
1. If the Insurers are willing without additional premium to add, as an
insured under the Bond, any investment company, not listed at the head of this
agreement for which an Affiliated Manager hereafter is investment adviser, which
may be included in the Bond pursuant to Rule 17g-1(b) under the Investment
Company Act of 1940, as amended, and the rules and regulations thereunder (the
"Act"), the Trusts agree (a) that such addition may be made, provided that those
trustees of each Trust who are not "interested persons" of such Trust shall
approve such addition, and (b) that such investment company may become a party
to this agreement and be included within the terms "Trust," "Fund," or "party,"
provided that in each case such investment company shall have executed and
delivered to the Trusts its written agreement to become a party hereto and to be
bound by the terms of this Agreement.
2. In the event that the claims of loss of two or more insureds under the
Bond are so related that the Insurers are entitled to assert that the claims
must be aggregated, each Fund shall receive an equitable and proportionate share
of the recovery, but at least equal to the amount it would have received had it
provided and maintained a single insured bond with the minimum coverage required
under Rule 17g-1 under the Act.
3. A copy of the Agreement and Declaration of Trust or Trust Instrument of
each Trust is on file with the Secretary of State of the state in which such
Trust was organized, and notice is hereby given that this instrument is executed
on behalf of the Trustees of each Trust as Trustees and not individually and
that the obligations under this instrument are not binding upon any of the
Trustees or holders of shares of beneficial interest of any Trust or Fund
individually but are binding only upon the respective assets and property of
each Trust and Fund.
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IN WITNESS WHEREOF the parties have caused these presents to be executed by
their officers hereunto duly authorized all as of the day and year first above
written.
PREMIER VIT
PIMCO MUNICIPAL ADVANTAGE FUND INC.
FIXED INCOME SHARES
PIMCO MUNICIPAL INCOME FUND
PIMCO CALIFORNIA MUNICIPAL INCOME FUND
PIMCO NEW YORK MUNICIPAL INCOME FUND
PIMCO CORPORATE INCOME FUND
PIMCO MUNICIPAL INCOME FUND II
PIMCO CALIFORNIA MUNICIPAL INCOME FUND II
PIMCO NEW YORK MUNICIPAL INCOME FUND II
PIMCO MUNICIPAL INCOME FUND III
PIMCO CALIFORNIA MUNICIPAL INCOME FUND III
PIMCO NEW YORK MUNICIPAL INCOME FUND III
PIMCO CORPORATE OPPORTUNITY FUND
XXXXXXXX-XXXXXXXXX CONVERTIBLE & INCOME FUND
PIMCO HIGH INCOME FUND
XXXXXXXX-XXXXXXXXX CONVERTIBLE & INCOME FUND II
PIMCO FLOATING RATE INCOME FUND
PIMCO FLOATING RATE STRATEGY FUND
NFJ DIVIDEND, INTEREST & PREMIUM STRATEGY FUND
XXXXXXXX-XXXXXXXXX INTERNATIONAL & PREMIUM STRATEGY FUND
PIMCO GLOBAL STOCKSPLUS & INCOME FUND
ALLIANZ RCM GLOBAL ECOTRENDS FUND
XXXXXXXX-XXXXXXXXX EQUITY & CONVERTIBLE INCOME FUND
By: /s/ Xxxxx X. Xxxxxxxx
----------------------------------------------------
Xxxxx X. Xxxxxxxx
President and CEO
ALLIANZ FUNDS
By: /s/ Xxxxx X. Xxxxxxxx
----------------------------------------------------
Xxxxx X. Xxxxxxxx
Treasurer, Principal Financial and Accounting
Officer
