Allianzgi Convertible & Income Fund (NYSE:NCV)’s share price crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $5.94 and traded as high as $6.06. Allianzgi Convertible & Income Fund shares last traded at $6.06, with a volume of 196,567 shares changing hands.
The business has a fifty day moving average of $5.95 and a 200 day moving average of $5.73.
The firm also recently declared a monthly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Thursday, February 13th will be given a dividend of $0.0525 per share. The ex-dividend date is Wednesday, February 12th. This represents a $0.63 annualized dividend and a dividend yield of 10.40%.
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.
Featured Story: Trade War
Receive News & Ratings for Allianzgi Convertible & Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Allianzgi Convertible & Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.