The Technical Analyst
Allianzgi Convertible & [NCZ]
Exchange: NYSE Sector: Financial Services Industry: Asset Management
Allianzgi Convertible & Price, Forecast, Insider, Ratings, Fundamentals & Signals
1.92% $2.93
America/New_York / 9 mai 2024 @ 15:26
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 222.64 mill |
| EPS: | 0.100 |
| P/E: | 29.25 |
| Earnings Date: | Jun 03, 2024 |
| SharesOutstanding: | 76.12 mill |
| Avg Daily Volume: | 0.389 mill |
| RATING 2024-05-09 |
|---|
| 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 | n/a |
| PE RATIO: COMPANY / SECTOR |
|---|
| 2.95x |
| Company: PE 29.25 | sector: PE 9.91 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| 1.46x |
| Company: PE 29.25 | industry: PE 20.04 |
| DISCOUNTED CASH FLOW VALUE |
|---|
|
$-0.874 (-129.88%) $-3.80 |
| Date: 2024-05-09 |
| Expected Trading Range (DAY) |
|---|
|
$ 2.88 - 2.98 ( +/- 1.71%) |
| ATR Model: 14 days |
Insider Trading
| Date | Person | Action | Amount | type |
|---|---|---|---|---|
| 2024-01-10 | Toms Matthew | Buy | 0 | |
| 2023-05-26 | Metlife Investment Management, Llc | Buy | 0 | Series A Mandatory Redeemable Preferred Shares |
| 2023-05-23 | Mcdaniel Connie D | Buy | 0 | |
| 2023-05-23 | Walton R Keith | Buy | 0 | |
| 2023-05-23 | Mcnamara Geraldine M | Buy | 0 |
| INSIDER POWER |
|---|
| -100.00 |
| Last 64 transactions |
| Buy: 48 105 | Sell: 12 853 |
Forecast:
16:00 - $2.93
Live Trading Signals (every 1 min)
Forecast
1: 15:35 - $2.93
Forecast 2: 16:00 - $2.93
Forecast 3: 16:00 - $2.93
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 | $2.93 (1.92% ) |
| Volume | 0.287 mill |
| Avg. Vol. | 0.389 mill |
| % of Avg. Vol | 73.84 % |
| Signal 1: | |
| Signal 2: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For NCZ
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 | % |
|---|
NCZ
Virtus 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. It invests in securities across a broad range of maturities, with the weighted average maturity ranging between five to ten years. The fund typically 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 II. Virtus Convertible & Income Fund II was formed on July 31, 2003 and is domiciled in the United States.
Latest Press Releases
2024-03-01 08:15:00 - Press Release
Virtus Convertible & Income Fund Ii Announces Quarterly Distribution: 5.500% Series A Cumulative Preferred Shares
Hartford, conn.--(business wire)--virtus convertible & income fund ii (nyse: ncz) announced today that it has declared a $0.34375 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 ncz pr a, are rated “a” by fitch ratings and have an annual dividend rate of $1.375 per share. the 4,360,000 series a cumulative prefe.
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.
2023-12-01 08:45:00 - Press Release
Virtus Convertible & Income Fund Ii Announces Quarterly Distribution: 5.500% Series A Cumulative Preferred Shares
Hartford, conn.--(business wire)--virtus convertible & income fund ii (nyse: ncz) announced today that it has declared a $0.34375 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 ncz pr a, are rated “a” by fitch ratings and have an annual dividend rate of $1.375 per share. the 4,360,000 series a cumulative.
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 Ii Announces Quarterly Distribution: 5.500% Series A Cumulative Preferred Shares
Hartford, conn.--(business wire)--virtus convertible & income fund ii (nyse: ncz) announced today that it has declared a $0.34375 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 ncz pr a, are rated “a” by fitch ratings and have an annual dividend rate of $1.375 per share. the 4,360,000 series a cumulati.
Latest News
2024-04-14 08:51:17 - Seeking Alpha
NCZ: Good Concept, But This Convertible Fund Does Not Measure Up
The Virtus Convertible & Income Fund II is a closed-end fund that invests in a combination of convertible bonds, common stock, and fixed-income securities. The fund has a 12.59% yield, which is attractive compared to other asset types. The fund's portfolio is decent, as many of the companies in it have seen significant gains since the date that their convertible bonds were issued.
2024-03-23 08:29:31 - 24/7 Wall Street
Want $10,500 In Passive Income, Invest $5,000 Into Each of These Dividend Stocks
Total Annual Passive Dividend Income $10,898.00 ALERT: Today Could Be Your Best Shot At Early Retirement (Sponsored) If you want to retire before 65, pay attention.
2024-03-02 09:53:00 - Forbes
Thank The Fed For This Shot At Cheap 10%+ Dividends
There is a ton of demand for bonds out there right now, and it's easy to see why: they're offering big income streams—especially when you buy your high-yield “corporates” through our favorite income plays: closed-end funds (CEFs).
2023-12-18 14:58:06 - Seeking Alpha
NCZ: Bursting Convertibles Bubble Still Weighs On This Fund
The Virtus Convertible & Income Fund II aims to provide income-focused investors with the potential for capital appreciation through a combination of convertible securities and junk bonds. The fund has underperformed the S&P 500 Index over the past three years, but taking distributions into account improves its performance. The fund's portfolio consists of convertible securities and junk bonds, with a focus on companies that have resolved past financial issues. However, the fund's distribution has been declining over time.
2023-05-31 21:24:25 - Seeking Alpha
NCZ: Capital Structure Shuffle, We Favor The Preferred Shares
Virtus Convertible & Income Fund II is a convertibles CEF. The closed-end fund has restructured its capital structure, retiring auction rate preferred securities for term preferred stock. The preferred shares offer an attractive 6.5% yield, making them a better investment option than the common shares.
2023-05-22 17:15:28 - Seeking Alpha
8 Income Picks For Any Taste With Yields From 5 To 10+%
A brief review of some of the positions we like at the moment. Yields ranging from 5% to 10+% in relation to embedded risks.
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.
2022-12-14 13:20:46 - Seeking Alpha
NCZ.PA: This 6.3% A-Rated Preferred Stock Suffers From Market Discrimination
Leverage restrictions make any CEF preferred stock relatively safe from a credit perspective. Comparison to bank preferreds through the years.
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.