SECTION 16

                                     POWER OF ATTORNEY

                                       JUSTIN KASS

      The undersigned hereby constitutes and appoints the individuals named on
Schedule A
attached hereto and as may be amended from time to time, or any of them signing
singly, with
full power of substitution and resubstitution, the undersigned's true and lawful
attorney in
fact to:

      1.  as may be required, prepare, execute in the undersigned's name and on
the
          undersigned's behalf, and submit to the United States Securities and
Exchange
          Commission (the "SEC") a Form ID, including amendments thereto, and
any
          other documents necessary or appropriate to obtain codes and passwords
          enabling the undersigned to make electronic filings with the SEC of
reports
          required by Section 16(a) of the Securities Exchange Act of 1934, as
amended
          (the "Act"), or any rule or regulation of the SEC;

      2.  execute Forms 3, 4 and 5 in accordance with the Act and the rules and
          regulations thereunder for and on behalf of the undersigned, in the
undersigned's
          capacity as a Section 16 reporting person of the applicable registered
investment
          companies (and any successor companies) listed on Schedule A attached
hereto,
          as amended from time to time, and any other registered investment
company
          affiliated with or established by, or which is advised by, Allianz
Global
          Investors Fund Management LLC or any successor firm in a similar
advisory
          capacity, for which the undersigned becomes a Section 16 reporting
person (each,
          a "Trust"),

      3.  do and perform any and all acts for and on behalf of the undersigned
which may
          be necessary or desirable to complete and execute any such Form 3, 4,
or 5,
          complete and execute any amendment or amendments thereto, and timely
file
          such form with the SEC and any stock exchange or similar authority,
and

      4.  take any other action of any type whatsoever in connection with the
foregoing
          which, in the opinion of such attorney in fact, may be of benefit to,
in the best
          interest of, or legally required by, the undersigned, it being
understood that
          the documents executed by such attorney in fact on behalf of the
undersigned
          pursuant to this Power of Attorney shall be in such form and shall
contain such
          terms and conditions as such attorney in fact may approve in such
attorney in
          facts discretion.

      The undersigned hereby grants to each such attorney in fact full power and
authority to
do and perform any and every act and thing whatsoever requisite, necessary, or
proper to be
done in the exercise of any of the rights and powers herein granted, as fully to
all intents
and purposes as the undersigned might or could do if personally present, with
full power of
substitution and resubstitution or revocation, hereby ratifying and confirming
all that such
attorney in fact, or such attorney in facts substitute or substitutes, shall
lawfully do or
cause to be done by virtue of this Power of Attorney and the rights and powers
herein
granted.  The undersigned acknowledges that the foregoing attorneys in fact, in
serving in
such capacity at the request of the undersigned, are not assuming, nor is any
Trust assuming,
any of the undersigned's responsibilities to comply with Section 16 of the Act.

      This Power of Attorney shall remain in full force and effect until the
undersigned is
no longer required to file Forms 3, 4, and 5 with respect to the undersigned's
holdings of
and transactions in securities issued by any Trust, unless earlier revoked by
the undersigned
in a signed writing delivered to the foregoing attorneys in fact.

      IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to
be executed as
of this 29th day of December, 2008.

							  /s/ Justin Kass
                                                          Justin Kass


                                         SCHEDULE A

                                    FUND NAME AND SYMBOL

1.    ALLIANZGI CONVERTIBLE & INCOME FUND                          NCV
2.    ALLIANZGI CONVERTIBLE & INCOME FUND II                       NCZ
3.    ALLIANZGI EQUITY & CONVERTIBLE INCOME FUND                   NIE
4.    ALLIANZGI NFJ DIVIDEND, INTEREST & PREMIUM STRATEGY FUND	   NFJ
5.    ALLIANZGI DIVERSIFIED INCOME & CONVERTIBLE FUND              ACV


                        INDIVIDUALS APPOINTED AS ATTORNEY-IN-FACT,
                    WITH FULL POWER OF SUBSTITUTION AND RESUBSTITUTION

1.	Thomas J. Fuccillo
2.	Sheryl Milgraum
3.	Ben Frosina
4.	Richard Kirk