UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Information to be included in Statements filed pursuant to Rules
13d-1(b), (c) and (d) and amendments thereto filed pursuant to
Rule 13d-2(b)
(Amendment No. 5)
ARPS AGIC Convertible and Income Fund
(Name of Issuer)
Auction Preferred Stock
(Title of Class of Securities)
018828202
018828301
018828400
018828509
018828608
(CUSIP Number(s))
December 31, 2013
(Date of Event That Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
x Rule 13d-1(b)
¨ Rule 13d-1(c)
¨ Rule 13d-1(d)
| * | The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. |
The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
Page 1 of 5
| CUSIP NO(s). | Page 2 of 5 |
| 1. | Names of Reporting Persons
UBS AG, for the benefit and on behalf of UBS Securities LLC and UBS Financial Services Inc., two-wholly owned subsidiaries of UBS AG to which UBS AG has delegated portions of its performance obligations with respect to the Auction Rate Securities Rights issued by UBS AG to certain clients and pursuant to which the securities reported herein have been purchased from such clients. | |||||
| 2. | Check the Appropriate Box if a Member of a Group a ¨ b ¨
| |||||
| 3. | SEC USE ONLY
| |||||
| 4. | Citizenship or Place of Organization
Switzerland | |||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
5. | Sole Voting Power
0 | ||||
| 6. | Shared Voting Power
8056** | |||||
| 7. | Sole Dispositive Power
0 | |||||
| 8. | Shared Dispositive Power
8056** | |||||
| 9. |
Aggregate Amount Beneficially Owned by Each Reporting Person:
8056** | |||||
| 10. | Check if the Aggregate Amount in Row 9 Excludes Certain Shares ¨
| |||||
| 11. | Percent of Class Represented by Amount in Row 9
56.41%*** | |||||
| 12. | Type of Reporting Person
BK | |||||
| ** | These amounts reflect UBS AG’s combined holdings in the series of auction preferred stock of the issuer identified by the CUSIP number(s) set forth on the cover page of this Schedule 13G. |
| *** | This calculation reflects a fraction the numerator of which is the total set forth in Item 9 of this cover page and the denominator of which is the aggregate amount of auction preferred stock of all series identified in Item 2(e) of this Schedule 13G, which latter amount is treated herein as a single class of securities. |
| CUSIP NO(s). | Page 3 of 5 |
| Item 1(a) | Name of Issuer
ARPS AGIC Convertible and Income Fund | |
| Item 1(b) | Address of Issuer’s Principal Executive Offices:
ARPS AGIC Convertible and Income Fund 1345 Avenue of the Americas New York, NY 10105 | |
| Item 2(a) | Name of Person Filing:
UBS AG | |
| Item 2(b) | Address of Principal Business Office:
UBS AG Bahnhofstrasse 45 PO Box CH-8021 Zurich, Switzerland | |
| Item 2(c) | Citizenship or Place of Organization:
Switzerland | |
| Item 2(d) | Title of Class of Securities
Auction Preferred Stock | |
| Item 2(e) | CUSIP Number(s):
018828202 018828301 018828400 018828509 018828608
This response lists the CUSIP numbers assigned to every series of auction preferred securities issued by the Issuer, and not redeemed as of January 31, 2009, including series in which UBS AG may not have an ownership position. | |
| Item 3. | Type of Person Filing: | |
| UBS AG is classified as a Bank as defined in section 3(a)(6) of the Securities Act or 1933 pursuant to no-action relief granted by the staff of the Securities and Exchange Commission. | ||
| CUSIP NO(s). | Page 4 of 5 |
| Item 4 (a)-(c)(iv). | Ownership:
Items 5-11 of the cover page and Item 2(e) above are incorporated by reference in our response to this Item 4. | |
| Item 5. | Ownership of Five Percent or Less of a Class:
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following. ¨ | |
| Item 6. | Ownership of More than Five Percent on Behalf of Another Person:
Not applicable | |
| Item 7. | Identification and Classification of the Subsidiary That Acquired the Security Being Reported on By the Parent Holding Company:
This statement on Schedule 13G is being filed by UBS AG, for the benefit and on behalf of UBS Securities LLC and UBS Financial Services Inc., two wholly owned subsidiaries of UBS AG to which UBS AG has delegated portions of its performance obligations with respect to the Auction Rate Securities Rights issued by UBS AG to certain clients and pursuant to which the securities reported herein have been purchased from such clients | |
| Item 8. | Identification and Classification of Members of the Group
Not Applicable | |
| Item 9 | Notice of Dissolution of Group:
Not Applicable | |
| Item 10. | Certification:
By signing below, the undersigned certify that, to the best of their knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. | |
| CUSIP NO(s). | Page 5 of 5 |
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
| By: | /s/ Anthony DeFilippis | |
| Executive Director | ||
| Central Compliance | ||
| By: | /s/ William Chandler | |
| Managing Director | ||
Date: February 13, 2014