| Previous Close | 5.26 |
| Open | 5.26 |
| Bid | 5.24 x 800 |
| Ask | 5.37 x 800 |
| Day's Range | 5.23 - 5.28 |
| 52 Week Range | 4.20 - 6.29 |
| Volume | 195,987 |
| Avg. Volume | 329,580 |
| Market Cap | 393.402M |
| Beta (3Y Monthly) | -0.21 |
| PE Ratio (TTM) | 12.76 |
| EPS (TTM) | 0.41 |
| Earnings Date | Feb 1, 2018 - Feb 2, 2018 |
| Forward Dividend & Yield | 0.69 (12.68%) |
| Ex-Dividend Date | 2018-03-09 |
| 1y Target Est | N/A |
Every preferred stock investor has needs that drive his or her investment purchases. These needs primarily revolve around a certain level of income to sustain a desired lifestyle, observes income expert Ned Piplovic, editor of DividendInvestor.
NEW YORK-- -- AllianzGI Convertible & Income Fund AllianzGI Convertible & Income Fund II AllianzGI Convertible & Income 2024 Target Term Fund AllianzGI Diversified Income & Convertible Fund The Boards of Trustees of AllianzGI Convertible & Income Fund , AllianzGI Convertible & Income Fund II , AllianzGI Convertible & Income 2024 Target Term Fund , and AllianzGI Diversified Income & Convertible Fund ...
The Board of Trustees of AllianzGI Convertible & Income Fund II (NCZ) announced today they have declared a $0.34375 per share cash distribution payable on April 1, 2019 to Series A cumulative preferred shareholders of record on March 11, 2019. The Series A Cumulative Preferred Shares, which trade on the New York Stock Exchange under the symbol NCZ PR A are rated “AAA’ by Fitch Ratings and have an annual dividend rate of $1.375 per share. The 4,360,000 Series A Cumulative Preferred Shares were issued September 11, 2018 at $25.00 per share and will pay distributions quarterly.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of AllianzGI Convertible & Income Fund II and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
AllianzGI Convertible & Income Fund II , a diversified closed-end management investment company which seeks to provide total return through a combination of capital appreciation and high current income, today announced its results for the fiscal quarter and nine months ended November 30, 2018.
AllianzGI Convertible & Income Fund II , a diversified closed-end management investment company which seeks to provide total return through a combination of capital appreciation and high current income, today announced its results for the fiscal quarter and six months ended August 31, 2018.
The Board of Trustees of AllianzGI Convertible & Income Fund II (NCZ) announced today they have declared a $0.076389 per share initial cash distribution payable on October 1, 2018 to Series A cumulative preferred shareholders of record on September 24, 2018. The Series A Cumulative Preferred Shares, which trade on the New York Stock Exchange under the symbol NCZ PR A are rated “AAA’ by Fitch Ratings and have an annual dividend rate of $1.375 per share. The 4,360,000 Series A Cumulative Preferred Shares were issued September 11, 2018 at $25.00 per share and will pay distributions quarterly.
Allianz Global Investors U.S. LLC , the investment manager of AllianzGI Convertible & Income Fund and AllianzGI Convertible & Income Fund II , announced the final results of each Fund’s voluntary tender offer for its outstanding auction rate preferred shares .
AllianzGI Convertible & Income Fund II , a diversified closed-end management investment company which seeks to provide total return through a combination of capital appreciation and high current income, today announced its results for the fiscal quarter ended May 31, 2018.
Allianz Global Investors U.S. LLC (“AllianzGI U.S.”), the investment manager of AllianzGI Convertible & Income Fund (NCV) and AllianzGI Convertible & Income Fund II (NCZ) (each, a “Fund” and, together, the “Funds”), announced the extension of each Fund’s voluntary tender offer for its outstanding auction rate preferred shares (“ARPS”) (each, a “Tender Offer” and, together, the “Tender Offers”). Each Tender Offer was originally scheduled to expire at 5:00 pm New York City time on July 27, 2018. Each Tender Offer is now scheduled to expire on Tuesday, July 31, 2018, at 5:00 pm New York City time, unless subject to further extension.
Allianz Global Investors U.S. LLC (“AllianzGI U.S.”), the investment manager of AllianzGI Convertible & Income Fund (NCV) and AllianzGI Convertible & Income Fund II (NCZ) (each, a “Fund” and, together, the “Funds”), announced today that each Fund will commence a voluntary tender offer (each, a “Tender Offer” and, together, the “Tender Offers”) for up to 100% of its outstanding auction rate preferred shares (“ARPS”), at a price equal to 94% of the ARPS’ per share liquidation preference of $25,000 per share (or $23,500 per share), plus any unpaid dividends accrued through the expiration date of each Tender Offer, or such later date to which such Tender Offer may be extended. The Funds expect to seek alternative financing to fund the purchase of tendered shares and replace the leverage associated with the ARPS that are tendered.
Allianz Global Investors U.S. LLC (“AllianzGI U.S.”), the investment manager of AllianzGI Convertible & Income Fund (NCV) and AllianzGI Convertible & Income Fund II (NCZ) (each, a “Fund” and, together, the “Funds”), announced today that each Fund will commence a voluntary tender offer on or about June 28, 2018 (each, a “Tender Offer” and, together, the “Tender Offers”) for up to 100% of its outstanding auction rate preferred shares (“ARPS”). The Tender Offers will expire at 5:00 p.m. New York City time on or about July 27, 2018, unless otherwise extended. The Funds expect to seek alternative financing to fund the purchase of tendered shares and replace the leverage associated with the ARPS that are tendered.
The Boards of Trustees of AllianzGI Convertible & Income Fund , AllianzGI Convertible & Income Fund II , AllianzGI Convertible & Income 2024 Target
AllianzGI Convertible & Income Fund II , a diversified closed-end management investment company which seeks to provide total return through a combination of capital appreciation and high current income, today announced its results for the fiscal quarter and year ended February 28, 2018.