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ACV

AllianzGI Diversified Income & Convertible FundNYSE:ACV Stock Report

Last Price

US$34.76

Market Cap

US$352.9m

7D

0.03%

1Y

2.7%

Updated

17 Jan, 2022

Data

Company Financials
ACV fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

ACV Stock Overview

AllianzGI Diversified Income & Convertible Fund is a closed-ended balanced mutual fund launched and managed by Allianz Global Investors Fund Management LLC.

Price History & Performance

Summary of all time highs, changes and price drops for AllianzGI Diversified Income & Convertible Fund
Historical stock prices
Current Share PriceUS$34.76
52 Week HighUS$37.59
52 Week LowUS$29.68
Beta0
1 Month Change1.70%
3 Month Change-4.11%
1 Year Change2.72%
3 Year Change65.92%
5 Year Change80.92%
Change since IPO39.04%

Recent News & Updates

Dec 10

ACV: Back On Sale

ACV was briefly flirting with parity but has since returned to an attractive discount. The fund could be due to pay another special distribution this year, with the figures available to us though it isn't guaranteed. ACV is an active portfolio, making quite a few changes under the surface but, more broadly, staying relatively consistent.

Aug 26

ACV: Sector Exposure Doing Some Shifting, Attractive 5.58% Distribution Yield

ACV is overweight tech, and that has contributed to the strong returns of the fund historically. Going forward, tech will remain relevant but may face headwinds with interest rates. The fund isn't only tech, though, and they have actually been reducing the exposure over the year.

Jul 27

Evaluating CEFs: ACV Offers Good Returns In The Convertible Sector

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 is at a good price.

May 06

ACV: Convertible Securities At A Discount

Photo by Tom Merton/OJO Images via Getty Images Written by Nick Ackerman, co-produced by Stanford Chemist The Virtus AllianzGl Diversified Income & Convertible Fund (ACV) is a fund we've explored in the past. However, you may not be familiar with this name right away as its name has slightly changed

Feb 01

AllianzGI Diversified Income & Convertible Fund declares $0.167 dividend

AllianzGI Diversified Income & Convertible Fund (ACV) declares $0.167/share monthly dividend, in line with previous.Forward yield 6.09%Payable March 1; for shareholders of record Feb. 11; ex-div Feb. 10.See ACV Dividend Scorecard, Yield Chart, & Dividend Growth.

Jan 12

AllianzGI Diversified Income & Convertible Fund goes ex-dividend tomorrow

AllianzGI Diversified Income & Convertible Fund (ACV) declares $0.167/share monthly dividend, in line with previous.Payable Feb. 1; for shareholders of record Jan. 14; ex-div Jan. 13.See ACV Dividend Scorecard, Yield Chart, & Dividend Growth.

Shareholder Returns

ACVUS Capital MarketsUS Market
7D0.03%-1.6%-0.5%
1Y2.7%30.2%13.7%

Return vs Industry: ACV underperformed the US Capital Markets industry which returned 30.2% over the past year.

Return vs Market: ACV underperformed the US Market which returned 13.7% over the past year.

Price Volatility

Is ACV's price volatile compared to industry and market?
ACV volatility
ACV Average Weekly Movement5.6%
Capital Markets Industry Average Movement0.7%
Market Average Movement6.6%
10% most volatile stocks in US Market15.9%
10% least volatile stocks in US Market2.4%

Stable Share Price: ACV is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: ACV's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2015n/an/a

AllianzGI Diversified Income & Convertible Fund is a closed-ended balanced 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 the public equity and fixed income markets.

AllianzGI Diversified Income & Convertible Fund Fundamentals Summary

How do AllianzGI Diversified Income & Convertible Fund's earnings and revenue compare to its market cap?
ACV fundamental statistics
Market CapUS$352.86m
Earnings (TTM)US$0
Revenue (TTM)n/a

n/a

P/E Ratio

n/a

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ACV income statement (TTM)
RevenueUS$0
Cost of RevenueUS$0
Gross ProfitUS$0
ExpensesUS$0
EarningsUS$0

Last Reported Earnings

n/a

Next Earnings Date

n/a

Earnings per share (EPS)0
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did ACV perform over the long term?

See historical performance and comparison

Valuation

Is AllianzGI Diversified Income & Convertible Fund undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether AllianzGI Diversified Income & Convertible Fund is trading at an attractive price based on the cash flow it is expected to produce in the future. But as AllianzGI Diversified Income & Convertible Fund has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.

Future Growth

How is AllianzGI Diversified Income & Convertible Fund forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

3.7%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as AllianzGI Diversified Income & Convertible Fund has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Past Performance

How has AllianzGI Diversified Income & Convertible Fund performed over the past 5 years?

19.5%

Historical Diversified Financials annual earnings growth


In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, AllianzGI Diversified Income & Convertible Fund has not provided sufficient past data to assess its track record.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data.

Financial Health

How is AllianzGI Diversified Income & Convertible Fund's financial position?


In this section we usually analyse AllianzGI Diversified Income & Convertible Fund's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. AllianzGI Diversified Income & Convertible Fund has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.

Dividend

What is AllianzGI Diversified Income & Convertible Fund current dividend yield, its reliability and sustainability?


Upcoming Dividend Payment

TodayJan 17 2022Ex Dividend DateFeb 10 2022Dividend Pay DateMar 01 202219 days from Ex DividendBuy in the next 23 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: Unable to evaluate ACV's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate ACV's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if ACV's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ACV's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ACV's dividend in 3 years as they are not forecast to pay a notable one for the US market.

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

AllianzGI Diversified Income & Convertible Fund has no CEO, or we have no data on them.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: ACV insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

AllianzGI Diversified Income & Convertible Fund's employee growth, exchange listings and data sources


Key Information

  • Name: AllianzGI Diversified Income & Convertible Fund
  • Ticker: ACV
  • Exchange: NYSE
  • Founded: 2015
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Implied Market Cap: US$352.862m
  • Shares outstanding: 10.35m

Location

  • AllianzGI Diversified Income & Convertible Fund
  • 1633 Broadway
  • 43rd Floor
  • New York
  • New York
  • 10019
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/17 23:14
End of Day Share Price2022/01/14 00:00
EarningsN/A
Annual EarningsN/A


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.