NIE News and Press, AllianzGI Equity & Convertible Income Fund From 07/28/20

I could probably go on and on about why the BlackRock Science & Technology II fund ( BSTZ ) , $23.95 current market price, $27.34 NAV, -12.4% discount, 5.0% current market yield , is still a big fat opportunity even after writing this article, Equity CEFs: A Big Fat Opportunity In...

The broader market continues to defy gravity in the face of a spike in COVID-19 cases in many states. This has caused many states to halt or slow down their plans to reopen the economy fully. But in spite of the spike, there are positive signs, and we are learning to deal with the virus more...

AllianzGI Equity & Convertible Income Fund (the "Fund") (NYSE: NIE), a diversified closed-end management investment company which seeks total return comprised of capital appreciation, current income and gains, today announced its results for the fiscal quarter ended April 30, 2020. Al...

There's one big question on every investor’s mind. Are we entering a new bull market, or is the recent market recovery simply a bear trap? Obviously, there's a serious concern about the second wave of coronavirus and resulting shutdowns, which may or may not come, but does cause a lot...

The Boards of Trustees of AllianzGI Dividend, Interest, & Premium Strategy Fund (NYSE: NFJ) and AllianzGI Equity & Convertible Income Fund (NYSE: NIE) (collectively, the “Funds”) announced today they have declared the following quarterly distributions. The distributi...

The market has recovered quite a bit during the last couple of months and is up more than 30% from its lows on March 23. However, a lot of people feel a disconnect between the market action and the unprecedented economic upheaval and uncertainties that have been caused by the spread of coro...

"Here Comes Tonto" I am older than most of you. Not all of you, of course, but most of you. I have memories of Gene Autrey, and Roy Rogers, and "A fiery horse with the speed of light, a cloud of dust and a hearty, 'Hi Ho Silver!' The Lone Ranger!" Some of you will not even know who I am ta...

Originally published April 8, 2020 It has always been interesting to me how the media concentrates almost 100% on the equity markets. It is almost like the bond markets didn't exist or, if they did, that it was on some far off planet that didn't deserve anyone's attention. I have always fe...

AllianzGI Equity & Convertible Income Fund (the "Fund") (NYSE: NIE), a diversified closed-end management investment company which seeks total return comprised of capital appreciation, current income and gains, today announced its results for the fiscal quarter and year ended January 31, 2...

One of the factors in my estimation that will be a huge part of 2020 is the Heaven that has been created by the central banks of the world for Borrowers. We are still tracking approximately $14 trillion in negatively yielding debt and while this number is not currently at its high mark of $17 ...