NYSE:NIEAllianzGI Equity & Convertible Income FD Stock Price, Forecast & News

$21.65

+0.23 (+1.07 %)

(As of 05/22/2020 04:00 PM ET)

Add

Compare

Today's Range

$21.31

Now: $21.65▼

$21.73

50-Day Range

$17.28

MA: $20.04▼

$21.55

52-Week Range

$14.62

Now: $21.65▼

$24.66

Volume68,175 shs

Average Volume109,734 shs

Market CapitalizationN/A

P/E RatioN/A

Dividend Yield0.08%

BetaN/A

AllianzGI Equity & Convertible Income Fund is a closed ended equity 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 the public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It primarily invests in growth stocks of companies. The fund also invests in income producing convertible securities. It employs fundamental analysis focusing on factors like above-average earnings growth, high return on invested capital, a healthy or improving balance sheet, strong competitive advantages, and development of new technologies to make its investments. The fund was formerly known as AGIC Equity & Convertible Income Fund. AllianzGI Equity & Convertible Income Fund was formed on Feb 27, 2007 and is domiciled in the United States.

Beat the Market (BTM) Rank^™

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for AllianzGI Equity & Convertible Income FD.

2.4 Community Rank

Outperform Votes
AllianzGI Equity & Convertible Income FD has received 84 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
AllianzGI Equity & Convertible Income FD has received 92 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
AllianzGI Equity & Convertible Income FD has received 52.27% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about AllianzGI Equity & Convertible Income FD and other stocks. Vote “Outperform” if you believe NIE will outperform the S&P 500 over the long term. Vote “Underperform” if you believe NIE will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Leadership
AllianzGI Equity & Convertible Income FD is a leading dividend payer. It pays a dividend yield of 0.08%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
AllianzGI Equity & Convertible Income FD does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, AllianzGI Equity & Convertible Income FD insiders have not sold or bought any company stock.

0.0 Earnings and Valuation

Overall Beat the Market Rank^™

0.81 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Asset Management

Sub-IndustryN/A

SectorFinancial Services

Current SymbolNYSE:NIE

Previous Symbol

CUSIPN/A

CIK1383441

Webwww.allianzinvestors.com

Phone+1-212-7393369

Debt

Debt-to-Equity RatioN/A

Current RatioN/A

Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual SalesN/A

Price / SalesN/A

Cash FlowN/A

Price / Cash FlowN/A

Book ValueN/A

Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

EmployeesN/A

Outstanding SharesN/A

Market CapN/A

Next Earnings DateN/A

OptionableNot Optionable

Receive NIE News and Ratings via Email

Sign-up to receive the latest news and ratings for NIE and its competitors with MarketBeat's FREE daily newsletter.

AllianzGI Equity & Convertible Income FD (NYSE:NIE) Frequently Asked Questions

How has AllianzGI Equity & Convertible Income FD's stock been impacted by COVID-19 (Coronavirus)?

AllianzGI Equity & Convertible Income FD's stock was trading at $19.39 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, NIE shares have increased by 11.7% and is now trading at $21.65. View which stocks have been most impacted by Coronavirus.

How often does AllianzGI Equity & Convertible Income FD pay dividends? What is the dividend yield for AllianzGI Equity & Convertible Income FD?

AllianzGI Equity & Convertible Income FD announced a quarterly dividend on Monday, March 9th. Investors of record on Monday, March 16th will be given a dividend of $0.38 per share on Friday, March 27th. This represents a $1.52 dividend on an annualized basis and a yield of 7.02%. The ex-dividend date is Friday, March 13th. View AllianzGI Equity & Convertible Income FD's dividend history.

Has AllianzGI Equity & Convertible Income FD been receiving favorable news coverage?

News stories about NIE stock have been trending somewhat negative on Sunday, InfoTrie reports. The research firm identifies negative and positive media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. AllianzGI Equity & Convertible Income FD earned a news sentiment score of -1.0 on InfoTrie's scale. They also gave news articles about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the next few days. View the latest news aboutAllianzGI Equity & Convertible Income FD.

Who are some of AllianzGI Equity & Convertible Income FD's key competitors?

Some companies that are related to AllianzGI Equity & Convertible Income FD include 1ST TR ENERGY I/SH (FIF), 3i Group (TGOPF), Aberdeen Australia Equity Fund (IAF), Ackermans & van Haaren (ACKB), Advent Claymore Convertible Sec & Inc Fd (AVK), Allianzgi Diversified Incm and Cnvrtb Fd (ACV), Alpine Global Premier Properties Fund (AWP), Alternative Invest Ordinary Units FP (AIQ), Amedeo Resources (AMED), Amundi (AMDUF), Apollo Senior Floating Rate Fund (AFT), Azimut (AZIHF), Bankinter (BKT), Barings Global Short Duratin Hgh Yld Fnd (BGH) and BlackRock Core Bond Trust (BHK). View all competitors.

What other stocks do shareholders of AllianzGI Equity & Convertible Income FD own?

Based on aggregate information from My MarketBeat watchlists, some companies that other AllianzGI Equity & Convertible Income FD investors own include AbbVie (ABBV), Energy Transfer LP Unit (ET), Pfizer (PFE), AT&T (T), Enterprise Products Partners (EPD), ONEOK (OKE), Gilead Sciences (GILD), IBM (IBM), Main Street Capital (MAIN) and Altria Group (MO).

Who are AllianzGI Equity & Convertible Income FD's key executives?

AllianzGI Equity & Convertible Income FD's management team includes the following people:

Mr. Julian Fernand Sluyters, Chief Exec. Officer and Pres (Age 59)
Mr. Lawrence G. Altadonna, Principal Financial & Accounting Officer and Treasurer (Age 53)
Mr. Thomas Joseph Fuccillo, Managing Director & Chief Legal Officer (Age 51)
Mr. Thomas Lowell Harter CFA, Chief Compliance Officer (Age 44)
Mr. Horacio Andres Valeiras CFA, MD & Chief Investment Officer of Nicholas-Applegate Capital Mgmt LLC ("NACM" or the "Sub-Adviser")

What is AllianzGI Equity & Convertible Income FD's stock symbol?

AllianzGI Equity & Convertible Income FD trades on the New York Stock Exchange (NYSE) under the ticker symbol "NIE."

Who are AllianzGI Equity & Convertible Income FD's major shareholders?

AllianzGI Equity & Convertible Income FD's stock is owned by many different retail and institutional investors. Top institutional investors include Advisors Asset Management Inc. (0.00%), Wells Fargo & Company MN (0.00%), Karpus Management Inc. (0.00%), Morgan Stanley (0.00%), UBS Group AG (0.00%) and Cohen & Steers Inc. (0.00%). View institutional ownership trends for AllianzGI Equity & Convertible Income FD.

Which institutional investors are selling AllianzGI Equity & Convertible Income FD stock?

NIE stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Raymond James Financial Services Advisors Inc., Parametric Portfolio Associates LLC, Invesco Ltd., United Capital Financial Advisers LLC, Raymond James & Associates, Commonwealth Equity Services LLC, and XML Financial LLC. View insider buying and selling activity for AllianzGI Equity & Convertible Income FD.

Which institutional investors are buying AllianzGI Equity & Convertible Income FD stock?

NIE stock was acquired by a variety of institutional investors in the last quarter, including Karpus Management Inc., Advisor Group Holdings Inc., UBS Group AG, Morgan Stanley, Advisors Asset Management Inc., Dakota Wealth Management, PNC Financial Services Group Inc., and CNH Partners LLC. View insider buying and selling activity for AllianzGI Equity & Convertible Income FD.

How do I buy shares of AllianzGI Equity & Convertible Income FD?

Shares of NIE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is AllianzGI Equity & Convertible Income FD's stock price today?

One share of NIE stock can currently be purchased for approximately $21.65.

What is AllianzGI Equity & Convertible Income FD's official website?

The official website for AllianzGI Equity & Convertible Income FD is www.allianzinvestors.com.

How can I contact AllianzGI Equity & Convertible Income FD?

AllianzGI Equity & Convertible Income FD's mailing address is 1345 Avenue of the Americas, New York, 10105, United States. The company can be reached via phone at +1-212-7393369.

This page was last updated on 5/24/2020 by MarketBeat.com Staff