Insider Selling: Allianzgi Convertible & Income Fund Insider Douglas Forsyth Sells 15,000 Shares of Stock (NCV)
Allianzgi Convertible & Income Fund (NYSE:NCV) Insider Douglas Forsyth sold 15,000 shares of Allianzgi Convertible & Income Fund stock in a transaction that occurred on Wednesday, June 25th. The shares were sold at an average price of $10.58, for a total value of $158,700.00. The transaction was disclosed in a filing with the SEC, which is available at this link.
Allianzgi Convertible & Income Fund (NYSE:NCV) traded up 0.09% during mid-day trading on Friday, hitting $10.60. 143,128 shares of the company’s stock traded hands. Allianzgi Convertible & Income Fund has a 52 week low of $8.76 and a 52 week high of $10.60. The stock has a 50-day moving average of $10.44 and a 200-day moving average of $10.14.
The company also recently declared a jun 14 dividend, which is scheduled for Tuesday, July 1st. Investors of record on Thursday, June 12th will be given a dividend of $0.09 per share. This represents a yield of 10.34%. The ex-dividend date of this dividend is Tuesday, June 10th.
AllianzGI 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.
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