News coverage about Allianzgi Convertible & Income Fund II (NYSE:NCZ) has been trending positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of press coverage by analyzing more than twenty million blog and news 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 II earned a media sentiment score of 0.42 on Accern’s scale. Accern also gave media headlines about the investment management company an impact score of 46.9121528579163 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Shares of Allianzgi Convertible & Income Fund II (NCZ) traded down $0.02 during midday trading on Thursday, reaching $6.29. 145,100 shares of the company were exchanged, compared to its average volume of 240,686. Allianzgi Convertible & Income Fund II has a 12-month low of $5.69 and a 12-month high of $6.49. The stock has a market capitalization of $469.62, a P/E ratio of 9.39 and a beta of 1.03.
The company also recently declared a monthly dividend, which will be paid on Thursday, February 1st. Investors of record on Friday, January 12th will be issued a dividend of $0.0575 per share. This represents a $0.69 dividend on an annualized basis and a yield of 10.97%. The ex-dividend date is Thursday, January 11th.
About Allianzgi Convertible & Income Fund II
AllianzGI Convertible & Income Fund II (the Fund), formerly AGIC Convertible & Income Fund II, 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 focuses on investing approximately 50% of its portfolio in convertibles, but determines its allocation based on changes in equity prices, changes in interest rates and other economic and market factors.
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