AllianzGI Convertible Fund Analysis and Comparison

The AllianzGI Convertible Fund is a type of investment vehicle that offers a unique combination of bond and stock characteristics.

This fund is designed to provide a relatively stable source of income, while also offering the potential for long-term growth through its convertible securities investments.

The fund's investment strategy involves selecting a mix of convertible bonds and preferred stocks that offer a balance between income generation and capital appreciation.

By investing in convertible securities, the fund aims to mitigate the risks associated with traditional stocks while still providing exposure to the potential for long-term growth.

On a similar theme: Long Term Equity Anticipation Security

Allianzgi Convertible has generated a negative expected return over the last 90 days.

Investors should be aware of this performance indicator when considering this fund for their portfolio.

Latest news from news.google.com suggests that Virtus Funds have restructured to cut costs and boost trading appeal, which may impact the overall market.

This strategic reverse split could potentially affect the trading dynamics of similar funds, including Allianzgi Convertible.

Some key takeaways from recent news and performance data include:

It's essential to stay informed about market developments and fund performance to make informed investment decisions.

The fundamentals of Allianzgi Convertible are worth examining, especially when compared to its peers. A key metric is the price-to-earning ratio, which stands at 9.03 X, significantly higher than the peer average of 6.53 X.

This suggests that investors are willing to pay a premium for Allianzgi Convertible's shares. The price-to-book ratio is also notable, at 0.67 X, which is lower than the peer average of 0.74 X.

This indicates that the company's assets are not being valued as highly as its peers. The price-to-sales ratio is a whopping 11.33 X, which is much higher than the peer average of 0.61 X.

This may be a concern for investors, as it suggests that the company's revenue is not being capitalized as efficiently as its peers. The beta of Allianzgi Convertible is 1.22, indicating that its stock price is more volatile than the average stock.

Here's a summary of the key fundamentals and comparison metrics:

The annual yield of Allianzgi Convertible is a mere 0.01%, which is significantly lower than the peer average of 0.29%. This may be a concern for income-seeking investors. The year-to-date return of 2.97% is higher than the peer average of 0.39%, but the one-year return of 17.59% is substantially higher than the peer average of 4.15%.

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The dividend information for Virtus AllianzGI Convertible & Income Fund is quite detailed. The fund has a trailing 12-month yield of 6.37%.

The dividend growth in the last 12 months is 0.00%. This means that the dividend has not increased over the past year.

The dividend history for the fund shows a consistent payout amount of $0.3516 per share, paid out on a quarterly basis, starting from Mar 11, 2020. This is evident from the dividend history table.

Here's a breakdown of the dividend history for the fund:

The dividend growth history for the fund shows that the payout amount has been consistent over the past few years, with some minor fluctuations.

The Virtus AllianzGI Convertible & Income Fund has delivered a compound annualized total return of 4.663% since 09/17/2018, with a cumulative total return of 33.006%. This is a notable achievement, especially considering the fund's relatively low maximum drawdown of 17.6% over the same period.

The fund's Sharpe Ratio, which measures risk-adjusted returns, is 0.24. This suggests that the fund has provided relatively stable returns, but not without some volatility.

The Annualized Standard Deviation of the fund is 9.4%, indicating a moderate level of risk. However, the fund's Beta of 0.03 suggests that it has historically moved in tandem with the broader market, but with less volatility.

Here are some key performance metrics for the fund over various time periods:

The fund's yield has varied over time, ranging from 1.6% to 8.9%. However, the dividend growth rate has been negative in some periods, such as in 2020 when it was -39.7%.

The technical analysis for AllianzGI Convertible & Income Fund is showing some concerning signs. The current grade is a D, indicating a weak or absent trend. The last price is $13.67, a decrease of -0.62% from the previous day.

The trend table is also showing a bearish trend, with the ADX indicating a weak or absent trend. The long-term trend is up, but the intermediate and short-term trends are down.

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Here's a breakdown of the recent EOD trading signals:

The recent news and discussion sections don't provide any additional insights into the current market situation.

The Virtus AllianzGI Convertible & Income Fund II (NCZ-PA) is a fund that offers a relatively stable dividend yield of 6.60% over the past 12 months.

The fund has a consistent dividend payout schedule, with payments made on a quarterly basis.

One notable aspect of the fund's dividend history is the lack of growth over the past year, with a dividend growth rate of 0%.

Here is a breakdown of the fund's dividend payments over the past year: