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NYSE:NIE

AllianzGI Equity & Convertible Income Fund Stock Forecast, Price & News

$26.97
-0.24 (-0.88 %)
(As of 11/27/2020 12:00 AM ET)
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Today's Range
$26.84
Now: $26.97▼
$27.20
50-Day Range
$24.11
MA: $25.79▼
$27.41
52-Week Range
$14.62
Now: $26.97▼
$27.54
Volume121,864 shs
Average Volume91,308 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.
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Beat the Market (BTM) Rank™

Analyst Opinion: 0.0Community Rank: 2.4Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank™

0.48 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
EmployeesN/A

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

Outstanding SharesN/A
Market CapN/A
Next Earnings DateN/A
OptionableNot Optionable
$26.97
-0.24 (-0.88 %)
(As of 11/27/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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

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

AllianzGI Equity & Convertible Income Fund'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 39.1% and is now trading at $26.97.
View which stocks have been most impacted by COVID-19.

What stocks does MarketBeat like better than AllianzGI Equity & Convertible Income Fund?

Wall Street analysts have given AllianzGI Equity & Convertible Income Fund a "N/A" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but AllianzGI Equity & Convertible Income Fund wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

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

AllianzGI Equity & Convertible Income Fund announced a quarterly dividend on Friday, September 4th. Stockholders of record on Monday, September 14th will be paid a dividend of $0.38 per share on Friday, September 25th. This represents a $1.52 dividend on an annualized basis and a yield of 5.64%. The ex-dividend date of this dividend is Friday, September 11th.
View AllianzGI Equity & Convertible Income Fund's dividend history.

Are investors shorting AllianzGI Equity & Convertible Income Fund?

AllianzGI Equity & Convertible Income Fund saw a drop in short interest during the month of October. As of October 30th, there was short interest totaling 14,500 shares, a drop of 34.7% from the October 15th total of 22,200 shares. Based on an average daily trading volume, of 75,500 shares, the days-to-cover ratio is presently 0.2 days.
View AllianzGI Equity & Convertible Income Fund's Short Interest.

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

Some companies that are related to AllianzGI Equity & Convertible Income Fund include (BTT.AX) (BTT), (CDI.L) (CDI), (DP3D.L) (DP3D), (TBGR.L) (TBGR), (TRE.L) (TRE), (WDE.AX) (WDE), 360 Capital Digital Infrastructure Fund (TDI.AX) (TDI), 3i Group (TGOPF), 3i Group (TGOPY), 6625 (EIA), 8IP Emerging Companies Limited (8EC.AX) (8EC), Aberdeen Australia Equity Fund (IAF), Aberdeen Global Premier Properties Fund (AWP), Absolute Equity Performance Fund Limited (AEG.AX) (AEG) and Ackermans & Van Haaren NV (ACKB.BR) (ACKB).
View all competitors.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other AllianzGI Equity & Convertible Income Fund investors own include AbbVie (ABBV), Pfizer (PFE), AT&T (T), Enterprise Products Partners (EPD), Energy Transfer (ET), International Business Machines (IBM), Intel (INTC), Lowe's Companies (LOW), 3M (MMM) and Realty Income (O).

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

AllianzGI Equity & Convertible Income Fund's management team includes the following people:
  • Mr. Charles William Maher, CFO & MD of Nicholas-Applegate Capital Mgmt LLC ("NACM" or the "Sub-Adviser") (Age 58)
  • Dr. Marna Cupp Whittington Ph.D., Managing Director of Nicholas-Applegate Capital Management LLC ("NACM" or the "Sub-Adviser") (Age 72)
  • Mr. Francis Casimir Poli Esq., J.D., EVP, Chief Legal Officer & Asst. Sec. of Allianz Global Investors Fund Mgmt LLC - Mngr (Age 57)
  • Mr. Michael E. Yee, Portfolio Mang. of Nicholas-Applegate Capital Management Llc ("NACM" Or the "Sub-Adviser")
  • Mr. Douglas Gorman Forsyth C.F.A., CFA, Chief Investment Officer of US Income & Growth Strategies, MD & Portfolio Mang. (Age 51)
  • Mr. Justin Kass C.F.A., CFA, Managing Director

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

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

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

AllianzGI Equity & Convertible Income Fund's stock is owned by a number of retail and institutional investors. Top institutional investors include Wells Fargo & Company MN (0.00%), Karpus Management Inc. (0.00%), Advisors Asset Management Inc. (0.00%), Morgan Stanley (0.00%), Guggenheim Capital LLC (0.00%) and Raymond James & Associates (0.00%). Company insiders that own AllianzGI Equity & Convertible Income Fund stock include Douglas Forsyth and Sarah E Cogan.
View institutional ownership trends for AllianzGI Equity & Convertible Income Fund.

Which major investors are selling AllianzGI Equity & Convertible Income Fund stock?

NIE stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Advisors Asset Management Inc., Guggenheim Capital LLC, Telemus Capital LLC, Rothschild Investment Corp IL, Dakota Wealth Management, Cambridge Investment Research Advisors Inc., and DAVENPORT & Co LLC.
View insider buying and selling activity for AllianzGI Equity & Convertible Income Fund.

Which major investors are buying AllianzGI Equity & Convertible Income Fund stock?

NIE stock was bought by a variety of institutional investors in the last quarter, including Raymond James & Associates, Raymond James Financial Services Advisors Inc., Wells Fargo & Company MN, RMB Capital Management LLC, CNH Partners LLC, Karpus Management Inc., Shaker Financial Services LLC, and LPL Financial LLC.
View insider buying and selling activity for AllianzGI Equity & Convertible Income Fund.

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

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 Fund's stock price today?

One share of NIE stock can currently be purchased for approximately $26.97.

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

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

How can I contact AllianzGI Equity & Convertible Income Fund?

AllianzGI Equity & Convertible Income Fund'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 11/28/2020 by MarketBeat.com Staff
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