Media stories about AllianzGI Convertible & Income Fund (NYSE:NCV) have trended positive this week, Accern Sentiment reports. The research group scores the sentiment of press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. AllianzGI Convertible & Income Fund earned a news sentiment score of 0.48 on Accern’s scale. Accern also gave media headlines about the investment management company an impact score of 47.9176230719385 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Shares of AllianzGI Convertible & Income Fund (NCV) traded up $0.06 during midday trading on Friday, hitting $7.14. 382,206 shares of the stock were exchanged, compared to its average volume of 346,786. The stock has a market capitalization of $631.70, a P/E ratio of 9.78 and a beta of 1.18. AllianzGI Convertible & Income Fund has a 1-year low of $6.38 and a 1-year high of $7.28.
The company also recently declared a monthly dividend, which will be paid on Thursday, February 1st. Stockholders of record on Friday, January 12th will be issued a dividend of $0.065 per share. The ex-dividend date of this dividend is Thursday, January 11th. This represents a $0.78 dividend on an annualized basis and a dividend yield of 10.92%.
AllianzGI Convertible & Income Fund Company Profile
AllianzGI Convertible & Income Fund, formerly AGIC Convertible & Income Fund, is a diversified, closed-end management investment company. The Fund’s investment objective is to provide total return through a combination of capital appreciation and high current income. The Fund invests in a diversified portfolio of domestic convertible securities and non-convertible high-yield bonds rated below investment grade.
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