Allianzgi Convertible & Income Fund II (NYSE:NCZ) announced a monthly dividend on Wednesday, December 4th, Wall Street Journal reports. Stockholders of record on Thursday, December 12th will be given a dividend of 0.045 per share by the investment management company on Thursday, January 2nd. This represents a $0.54 annualized dividend and a dividend yield of 10.82%. The ex-dividend date is Wednesday, December 11th.
Shares of NYSE NCZ traded up $0.02 during trading hours on Wednesday, hitting $4.99. The company had a trading volume of 183,047 shares, compared to its average volume of 254,781. Allianzgi Convertible & Income Fund II has a 1-year low of $4.20 and a 1-year high of $5.80. The firm’s 50 day moving average is $4.99 and its 200-day moving average is $5.02.
Allianzgi Convertible & Income Fund II Company Profile
AllianzGI Convertible & Income Fund II 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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