Allianzgi Convertible & Income Fund (NYSE:NCV) shares passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $5.78 and traded as low as $5.44. Allianzgi Convertible & Income Fund shares last traded at $5.53, with a volume of 18,655 shares.
The company’s 50 day moving average price is $5.78 and its 200 day moving average price is $5.96.
The firm also recently declared a monthly dividend, which will be paid on Tuesday, September 3rd. Stockholders of record on Monday, August 12th will be paid a dividend of $0.052 per share. The ex-dividend date of this dividend is Friday, August 9th. This represents a $0.62 annualized dividend and a dividend yield of 11.22%.
Allianzgi Convertible & Income Fund Company Profile (NYSE:NCV)
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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