Allianzgi Convertible & Income Fund (NYSE:NCV) declared a monthly dividend on Friday, November 1st, Zacks reports. Shareholders of record on Tuesday, November 12th will be given a dividend of 0.052 per share by the investment management company on Monday, December 2nd. This represents a $0.62 dividend on an annualized basis and a yield of 10.90%. The ex-dividend date is Friday, November 8th.
NYSE:NCV traded down $0.02 on Wednesday, reaching $5.73. The company’s stock had a trading volume of 87,777 shares, compared to its average volume of 322,314. Allianzgi Convertible & Income Fund has a 12-month low of $4.75 and a 12-month high of $6.66. The stock has a 50 day moving average price of $5.64 and a 200 day moving average price of $5.70.
About Allianzgi Convertible & Income Fund
AllianzGI Convertible & Income Fund is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Allianz Global Investors U.S. LLC. It invests in fixed income markets of the United States. The fund primarily invests in convertible securities and non-convertible high-yield bonds rated below investment grade.
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