FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Claussen Barbara R

2. Date of Event Requiring Statement (MM/DD/YYYY)
9/25/2007 

3. Issuer Name and Ticker or Trading Symbol

Nicholas Applegate Global Equity & Convertible Income Fund [NGZ]

(Last)        (First)        (Middle)

2121 SAN JACINTO, SUITE 1840, 

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                            _____ 10% Owner
_____ Officer (give title below)          ___ X ___ Other (specify below)
/ Affiliated Person

(Street)

DALLAS, TX 75201       

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed (MM/DD/YYYY)

 

6. Individual or Joint/Group Filing (Check Applicable Line)

___ Form filed by One Reporting Person
_ X _ Form filed by More than One Reporting Person


Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4) 		2. Amount of Securities Beneficially Owned
(Instr. 4) 		3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5) 		4. Nature of Indirect Beneficial Ownership
(Instr. 5)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4) 		2. Date Exercisable and Expiration Date
(MM/DD/YYYY) 		3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4) 		4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5) 		6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares

Explanation of Responses:

Remarks:
Allianz Global Investors Fund Management LLC (AGIFM) is the investment manager of the Issuer and Ms. Whittington, Ms. Claussen and Messrs. Koepfgen, Meyers and Moore are members of AGIFM's Executive Committee.
No securities are beneficially owned.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Claussen Barbara R
2121 SAN JACINTO, SUITE 1840
DALLAS, TX 75201


Affiliated Person
KOEPFGEN BRUCE L
1345 AVENUE OF THE AMERICAS
NEW YORK, NY 10105


Affiliated Person
Meyers Andrew
2187 ATLANTIC AVENUE, 7TH FLOOR
STAMFORD, CT 06902


Affiliated Person
MOORE E BLAKE JR
C/O ALLIANZ EQUITY ADVISORS
1345 AVE OF THE AMERICAS
NEW YORK, NY 10105


Affiliated Person
WHITTINGTON MARNA C
2959 BARLEY MILL ROAD
YORKLAND, DE 19736


Affiliated Person

Signatures
Lagan Srivastava, Attorney in fact for Ms. Whittington, Ms. Claussen and Messrs. Koepfgen, Meyers and Moore 9/25/2007
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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