ACV News and Press, AllianzGI Diversified Income & Convertible Fund of Beneficial Interest From 08/26/21

Last year, we were looking at distribution changes due to the COVID pandemic sell-off. CEFs distribute out most of their earnings as distributions, so they pay relatively higher yields. However, relatively higher yields mean that any downturn is likely to cause distribution cuts. ...

For income investors, closed-end funds remain an attractive investment class that covers a variety of asset classes and promise high distributions and reasonable total returns. Closed-end funds are generally characterized by higher volatility and deeper drawdowns than the broad market...

ACV offers a yield of about 5.9%, quite attractive if it can be supported. I continue my look at CEFs beyond just the yield with a look at ACV which invests in the very hot convertible sector. The fund covers its distribution and offers superior returns compared to its peers. It i...

Certain Virtus AllianzGI Closed-End Funds Announce Future Change In Portfolio Management Team PR Newswire HARTFORD, Conn. , July 16, 2021 /PRNewswire/ -- Allianz Global Investors U.S. LLC (AllianzGI), which manages certain Virtus closed-end funds in a subadv...

When I get a question on a CEF or am looking at a new CEF, these are the first 5 things I will check. The five places I want to look first are; 1. Investment Policy, 2. Quick Review of Holdings, 3. Discount/Premium, 4. Performance, 5. Distributions. Once these items are checked, I...

Every month I add some positions to my portfolio and share the buys I've made. One of the funds I added to was ACV, which is to take advantage of the lull that tech has been in 2021 so far. FTHY and PDO were the two other funds picked up this month, both fixed-income focused funds...

NCV pays a relatively high distribution rate compared to its peers, even after it cut its distribution last year. Interestingly enough, the fund is also trading at a deeper discount than its peers and is becoming a tempting target. Despite the attractive features at this time, I'm...

ACV holds a portfolio that is split amongst convertible, stock and high-yield bond securities. The bulk of the portfolio is comprised of convertible securities, with an overall tilt towards being overweight tech. With growth taking a breather so far in 2021, we have also seen ACV ...

There are three primary things that I see a lot of newer CEF investors get hung up on; return of capital, section 19a and data aggregators distribution classifications. All three of these have to do with the tax character of the distributions and the mistakes that can be made. The...

For income investors, closed-end funds remain an attractive investment class that covers a variety of asset classes and promise high distributions and reasonable total returns. The market downturn last year exposed the risk of high volatility and deep drawdowns with investing in close...