The Technical Analyst
Allianzgi Convertible & [NCV]
Exchange: NYSE Sector: Financial Services Industry: Asset Management
Allianzgi Convertible & Price, Forecast, Insider, Ratings, Fundamentals & Signals
-0.61% $3.24
America/New_York / 8 mai 2024 @ 16:00
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 292.81 mill |
| EPS: | 0.0900 |
| P/E: | 36.00 |
| Earnings Date: | Jun 03, 2024 |
| SharesOutstanding: | 90.37 mill |
| Avg Daily Volume: | 0.534 mill |
| RATING 2024-05-08 |
|---|
| C- |
| Strong Sell |
| RATINGS | ||
|---|---|---|
| Rating CashFlow: | Strong Sell | |
| Return On Equity: | Strong Sell | |
| Return On Asset: | Strong Sell | |
| DE: | Sell | |
| P/E: | Strong Sell | |
| Price To Book: | Sell |
| QUARTER GROWTHS | ||||||
|---|---|---|---|---|---|---|
| 4/22 | 1/23 | 2/23 | 3/23 | 4/23 | 1/24 | |
| Revenue | ||||||
| Gr.Profit | ||||||
| Ebit | ||||||
| Asset | n/a | n/a | n/a | |||
| Debt | n/a | n/a |
| PE RATIO: COMPANY / SECTOR |
|---|
| 3.63x |
| Company: PE 36.00 | sector: PE 9.91 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| 1.80x |
| Company: PE 36.00 | industry: PE 20.04 |
| DISCOUNTED CASH FLOW VALUE |
|---|
|
$-0.864 (-126.65%) $-4.10 |
| Date: 2024-05-08 |
| Expected Trading Range (DAY) |
|---|
|
$ 3.18 - 3.30 ( +/- 1.73%) |
| ATR Model: 14 days |
Insider Trading
| Date | Person | Action | Amount | type |
|---|---|---|---|---|
| 2024-01-10 | Toms Matthew | Buy | 0 | |
| 2023-10-06 | Oberto David J. | Sell | 139 | Virtus Convertible & Income Fund |
| 2023-05-26 | Metlife Investment Management, Llc | Buy | 0 | Series A Mandatory Redeemable Preferred Shares |
| 2023-05-26 | Metlife Investment Management, Llc | Buy | 0 | Series B Mandatory Redeemable Preferred Shares |
| 2023-05-23 | Mcdaniel Connie D | Buy | 0 |
| INSIDER POWER |
|---|
| -100.00 |
| Last 67 transactions |
| Buy: 39 311 | Sell: 69 519 |
Forecast:
16:00 - $3.23
Live Trading Signals (every 1 min)
Forecast
1: 16:00 - $3.23
Forecast 2: 16:00 - $3.23
Forecast 3: 16:00 - $3.23
SCORE
10.00
Buy
10.00
Buy
Score Algorithm Version: 1.2C
Last version updated: Fri April 15th, 2022
Last version updated: Fri April 15th, 2022
| Indicator Signals | |
|---|---|
| RSI 21 | |
| SMA | |
| Trend | |
| Trend 2 | |
| Trend 3 | |
| MACD |
| Volume Signals | |
|---|---|
| Price | $3.24 (-0.61% ) |
| Volume | 0.274 mill |
| Avg. Vol. | 0.534 mill |
| % of Avg. Vol | 51.35 % |
| Signal 1: | |
| Signal 2: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For NCV
0 Signals | Accuracy: 0.00% | Accuracy Buy: 0.00% | Accuracy Sell: 0.00%
Avg return buy: 0.00 % | Avg return sell: 0.00 %
$1 invested is now $1.00 or 0.00% since Coming Soon
| Date | Signal | @ | Closed | % |
|---|
NCV
Virtus 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. It invests in securities with a broad range of maturities, with a weighted average maturity ranging between five to ten years. The fund employs fundamental analysis with a bottom up stock picking approach to create its portfolio. It conducts in house research using proprietary models. The fund was formerly known as AGIC Convertible & Income Fund. Virtus Convertible & Income Fund was formed on March 31, 2003 and is domiciled in the United States.
Latest Press Releases
2024-03-01 08:15:00 - Press Release
Two Virtus Closed-end Funds Announce Four Monthly Distributions: Ncv, Ncz
Hartford, conn.--(business wire)--virtus convertible & income fund (nyse: ncv) and virtus convertible & income fund ii (nyse: ncz) announced the following distributions on their respective common shares: virtus convertible & income fund: ticker amount of distribution ex-date record date payable date ncv $0.034 march 8, 2024 march 11, 2024 march 28, 2024 ncv $0.034 april 10, 2024 april 11, 2024 april 29, 2024 ncv $0.034 may 10, 2024 may 13, 2024 may 30, 2024 ncv $0.034 june 13, 2024.
2024-03-01 08:15:00 - Press Release
Virtus Convertible & Income Fund Announces Quarterly Distribution: 5.625% Series A Cumulative Preferred Shares
Hartford, conn.--(business wire)--virtus convertible & income fund (nyse: ncv) announced today that it has declared a $0.3515625 per share cash distribution payable on march 29, 2024 to series a cumulative preferred shareholders of record on march 11, 2024. the series a cumulative preferred shares, which trade on the new york stock exchange under the symbol ncv pr a, are rated “a” by fitch ratings and have an annual dividend rate of $1.40625 per share. the 4,000,000 series a cumulative pref.
2023-12-01 08:45:00 - Press Release
Virtus Convertible & Income Fund Announces Quarterly Distribution: 5.625% Series A Cumulative Preferred Shares
Hartford, conn.--(business wire)--virtus convertible & income fund (nyse: ncv) announced today that it has declared a $0.3515625 per share cash distribution payable on december 29, 2023 to series a cumulative preferred shareholders of record on december 11, 2023. the series a cumulative preferred shares, which trade on the new york stock exchange under the symbol ncv pr a, are rated “a” by fitch ratings and have an annual dividend rate of $1.40625 per share. the 4,000,000 series a cumulativ.
2023-11-16 17:45:00 - Press Release
Certain Virtus Closed-end Funds Announce Three Monthly Distributions: Ncv, Ncz, Cbh
Hartford, conn.--(business wire)--virtus convertible & income fund (nyse: ncv), virtus convertible & income fund ii (nyse: ncz), and virtus convertible & income 2024 target term fund (nyse: cbh) announced the following distributions on their respective common shares: virtus convertible & income fund: ticker amount of distribution ex-date record date payable date ncv $0.034 december 8, 2023 december 11, 2023 january 2, 2024 ncv $0.034 january 11, 2024 january 12, 2024 january 30,.
2023-09-01 16:05:00 - Press Release
Virtus Convertible & Income Fund Announces Quarterly Distribution: 5.625% Series A Cumulative Preferred Shares
Hartford, conn.--(business wire)--virtus convertible & income fund (nyse: ncv) announced today that it has declared a $0.3515625 per share cash distribution payable on september 29, 2023 to series a cumulative preferred shareholders of record on september 11, 2023. the series a cumulative preferred shares, which trade on the new york stock exchange under the symbol ncv pr a, are rated “a” by fitch ratings and have an annual dividend rate of $1.40625 per share. the 4,000,000 series a cumulat.
Latest News
2024-04-19 16:32:41 - 24/7 Wall Street
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2024-04-02 10:30:00 - Forbes
These ‘Chameleon' 9%+ Dividends Will Be The Income Play Of The Decade
Let's talk about convertibles for a second—but not the car with a removable top that everyone thinks of when they hear that word: I'm talking about convertible bonds.
2024-01-23 11:29:30 - Seeking Alpha
NCV: The Best Option Is To Get Out Of This Underperforming Fund Today
The Virtus Convertible & Income Fund offers a high level of income with a 12.75% current yield, significantly higher than most other closed-end funds. The fund's performance has been disappointing, underperforming comparable indices and delivering negative returns over the past five years. The fund's distribution history is concerning, with multiple distribution cuts and declining net asset value, suggesting an unsustainable situation.
2023-11-02 11:53:01 - Seeking Alpha
NCV: Troubled History But Novel Concept
Virtus Convertible & Income Fund offers a high level of current income with a yield of 13.97%. The NCV closed-end fund heavily invests in convertible securities, providing income potential and upside potential of common equity. The fund has experienced disappointing performance, with a significant decline in share price and failure to cover distributions in recent years.
2023-05-19 07:34:17 - Seeking Alpha
NCV: The Preferred Shares Look More Attractive Than The Common
Virtus Convertible & Income Fund is a closed-end fund focused on domestic convertible securities and high-yield bonds. The fund has a 22% leverage ratio, mainly obtained through an outstanding series of preferred shares.
2023-03-21 10:23:55 - Seeking Alpha
Weekly Closed-End Fund Roundup: March 12, 2023
Three out of 22 CEF sectors positive on price and 5 out of 22 sectors positive on NAV last week. Delaware/Abrdn mergers are closed.
2023-03-18 11:02:41 - Seeking Alpha
CEF Weekly Review: More Of The Same On The Distribution Front
We review CEF market valuation and performance through the second week of March and highlight recent market action. CEFs mostly struggled, outside of the higher-quality sectors as two bank failures spooked markets.
2023-02-22 14:48:58 - Seeking Alpha
NCV And NCZ: Discounts Narrow For Both, But One Looking More Appealing
NCV and NCZ have seen their discounts narrow from the wide discount we saw several months ago. NCZ presents a potentially better opportunity with a larger discount compared to NCV.
2022-11-15 12:59:04 - Seeking Alpha
Weekly Closed-End Fund Roundup: Tortoise Tender Results, NCZ Resumes Distributions (November 6, 2022)
12 out of 23 CEF sectors positive on price and 6 out of 23 sectors positive on NAV last week. Tortoise offer tender results.
2022-11-12 05:25:18 - Seeking Alpha
NCZ: Distribution Suspension And Resumption Creates Swap Opportunity With NCV
NCZ has suspended, and resumed, distributions. Both NCV and NCZ have deleveraged by redeeming their ARPS.