Favorable News Coverage Somewhat Unlikely to Affect Allianzgi Convertible & Income Fund (NCV) Share Price

Headlines about Allianzgi Convertible & Income Fund (NYSE:NCV) have trended positive on Thursday, according to Accern Sentiment. The research firm identifies negative and positive press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Allianzgi Convertible & Income Fund earned a daily sentiment score of 0.47 on Accern’s scale. Accern also assigned headlines about the investment management company an impact score of 47.7127693203709 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

Allianzgi Convertible & Income Fund (NYSE:NCV) traded down $0.02 on Thursday, reaching $6.83. The company’s stock had a trading volume of 113,280 shares, compared to its average volume of 503,064. The company has a market cap of $606.05, a price-to-earnings ratio of 9.34 and a beta of 1.13. Allianzgi Convertible & Income Fund has a fifty-two week low of $6.38 and a fifty-two week high of $7.28.

Allianzgi Convertible & Income Fund (NYSE:NCV) last released its quarterly earnings results on Monday, January 29th. The investment management company reported $0.18 EPS for the quarter. Allianzgi Convertible & Income Fund had a return on equity of 4.23% and a net margin of 43.09%.

The firm also recently declared a monthly dividend, which will be paid on Thursday, March 1st. Shareholders of record on Monday, February 12th will be given a dividend of $0.065 per share. This represents a $0.78 dividend on an annualized basis and a yield of 11.42%. The ex-dividend date of this dividend is Friday, February 9th.

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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.

Insider Buying and Selling by Quarter for Allianzgi Convertible & Income Fund (NYSE:NCV)

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