SECTION 16
                                     POWER OF ATTORNEY 
                                     RICHARD J. COCHRAN 
      
      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 24th day of December, 2008.
                                                          /s/ Richard J. Cochran
                                                          Richard J. Cochran

                                         SCHEDULE A
                                    FUND NAME AND SYMBOL
1.    NFJ DIVIDEND, INTEREST & PREMIUM STRATEGY FUND               NFJ
2.    NICHOLAS-APPLEGATE CONVERTIBLE & INCOME FUND                 NCV
3.    NICHOLAS-APPLEGATE CONVERTIBLE & INCOME FUND II              NCZ
4.    NICHOLAS-APPLEGATE EQUITY & CONVERTIBLE INCOME 
      FUND                                                         NIE
5.    NICHOLAS-APPLEGATE GLOBAL EQUITY & CONVERTIBLE 
      INCOME FUND                                                  NGZ
6.    NICHOLAS-APPLEGATE INTERNATIONAL & PREMIUM 
      STRATEGY FUND                                                NAI
7.    PCM FUND, INC.                                               PCM
8.    PIMCO CALIFORNIA MUNICIPAL INCOME FUND                       PCQ
9.    PIMCO CALIFORNIA MUNICIPAL INCOME FUND II                    PCK
10.   PIMCO CALIFORNIA MUNICIPAL INCOME FUND III                   PZC
11.   PIMCO CORPORATE INCOME FUND                                  PCN
12.   PIMCO CORPORATE OPPORTUNITY FUND                             PTY
13.   PIMCO FLOATING RATE INCOME FUND                              PFL
14.   PIMCO FLOATING RATE STRATEGY FUND                            PFN
15.   PIMCO GLOBAL STOCKSPLUS & INCOME FUND                        PGP
16.   PIMCO HIGH INCOME FUND                                       PHK
17.   PIMCO INCOME OPPORTUNITY FUND                                PKO
18.   PIMCO MUNICIPAL ADVANTAGE FUND INC.                          MAF
19.   PIMCO MUNICIPAL INCOME FUND                                  PMF
20.   PIMCO MUNICIPAL INCOME FUND II                               PML
21.   PIMCO MUNICIPAL INCOME FUND III                              PMX
22.   PIMCO NEW YORK MUNICIPAL INCOME FUND                         PNF
23.   PIMCO NEW YORK MUNICIPAL INCOME FUND II                      PNI
24.   PIMCO NEW YORK MUNICIPAL INCOME FUND III                     PYN
25.   PIMCO STRATEGIC GLOBAL GOVERNMENT FUND INC.                  RCS
26.   THE KOREA FUND, INC.                                           KF

                        INDIVIDUALS APPOINTED AS ATTORNEY-IN-FACT,
                    WITH FULL POWER OF SUBSTITUTION AND RESUBSTITUTION
1.    Thomas J. Fuccillo
2.    Lagan Srivastava
3.    Ann Morgan 
4.    Wayne Miao