X0202 4 2007-08-17 0 0001383441 Nicholas-Applegate Equity & Convertible Income Fund NIE 0001240809 LARRABEE NICOLE C/O ALLIANZ EQUITY ADVISORS 1345 AVE OF THE AMERICAS NEW YORK NY 10105 0 0 0 1 Affiliated Person Common Shares 2007-08-17 4 P 0 200 21.55 A 200 I Owned by Spouse The transaction represents purchase executed by the spouse of the reporting person for his account. This filing shall not be deemed an admission that such person is, for purposes of Section 16 of the Act or otherwise, the beneficial owner of the equity securities covered by this statement. Nicholas-Applegate Capital Management LLC ("NACM") is an investment adviser of the Issuer. Ms. Larrabee is a trading assistant/analyst with NACM who is involved with the day-to-day portfolio management of the Issuer. Brian S. Shlissel, Attorney in fact for Nicole Larrabee 2007-08-21