Trend Table for NCZ - AllianzGI Convertible & Income Fund II

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 10	B	Weak or Absent	Up	Up	Up	11.05%
May 9	B	Weak or Absent	Up	Up	Up	10.28%
May 8	C	Weak or Absent	Up	Up	Up	11.82%
May 7	C	Weak or Absent	Up	Up	Up	10.28%
May 6	C	Weak or Absent	Up	Up	Up	10.66%
May 3	B	Weak or Absent	Up	Up	Up	11.82%
May 2	B	Weak or Absent	Up	Flat	Up	13.00%
May 1	B	Weak or Absent	Up	Down	Up	13.80%
Apr 30	B	Weak or Absent	Up	Down	Up	14.61%
Apr 29	C	Weak or Absent	Up	Flat	Up	13.40%