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Closed-End Funds Advised by PA Fund Management LLC Announce the Resignation of Officer/Trustee.


NEW YORK -- PA Fund Management ("PAFM") announced today that Steve Treadway, an officer and, in some cases, a Trustee for the closed-end funds advised by PAFM, will be stepping down from those positions.

The closed-end funds include:

Municipal Advantage Fund Inc. (NYSE NYSE

See: New York Stock Exchange
:MAF MAF

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)

Nicholas-Applegate Convertible and Income (NYSE:NCV)

Nicholas-Applegate Convertible and Income II (NYSE:NCZ)

PIMCO Municipal Income Fund (NYSE:PMF PMF,
n.pr See proprioceptive neuromuscular facilitation.
)

PIMCO New York Municipal Income Fund (NYSE:PNF PNF,
n proprioceptive neuromuscular facilitation, a manual resistance technique that works by simulating fundamental patterns of movement, such as swimming, throwing, running, or climbing. Methods used in PNF oppose motion in multiple planes concurrently.
)

PIMCO California Municipal Income Fund (NYSE:PCQ)

PIMCO Municipal Income Fund II (NYSE:PML PML - Parallel ML.

["Synchronous Operations as First-Class Values", J.H. Reppy <jhr@research.att.com>, Proc SIGPLAN 88 Conf Prog Lang Design and Impl, June 1988, pp. 250-259].
)

PIMCO New York Municipal Income Fund II (NYSE:PNI)

PIMCO California Municipal Income Fund II (NYSE:PCK)

PIMCO Municipal Income Fund III (NYSE:PMX)

PIMCO New York Municipal Income Fund III (NYSE:PYN)

PIMCO California Municipal Income Fund III (NYSE:PZC)

PIMCO Corporate Income Fund (NYSE:PCN)

PIMCO Corporate Opportunity Fund (NYSE:PTY)

PIMCO High Income Fund (NYSE:PHK)

PIMCO Floating Rate Income Fund (NYSE:PFL)

In addition, Mr. Treadway will not stand for election as a Trustee at the upcoming shareholder meeting for PIMCO Corporate Opportunity Fund.
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Publication:Business Wire
Geographic Code:1USA
Date:Jul 29, 2004
Words:172
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