CEF Advisors

7204 Glen Forest Drive, Suite #105 Richmond, Virginia 23226 USA   ♦   Toll-Free: (800) 356-3508 / Local: (804) 288-2482    ♦   www.CEFadvisors.com   ♦   Contact@CEFadvisors.com

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AllianzGI Diversified Income & Convertible Fund (ACV)

Taxable Bond Funds - Convertible Funds

Data as of Dec. 7, 2018
Current
Market Price $22.33 (- $0.01)
NAV (Dec. 7, 2018) $21.16 (- $0.47)
Premium / Discount 5.53% (+2.25%)
Fund Info
Inception May 26, 2015
Sponsor Allianz Global Investors
Website https://us.allianzgi.c...
Phone 1-800-988-8380
NAV Symbol XACVX
Objective: Provide total return through a combination of current income and capital appreciation, while seeking to provide downside protection against capital loss.
Related Indexes
12 Major CEF Sectors Index
Convertible Bond Index
Capital & Leverage
Outstanding Shares 10,299,698
Total Assets (Reported: July 31, 2018) $354M
Estimated Managed Assets $319M
Net Assets $218M
Market Cap $230M
Purchases Turnover 154.17%
Sales Turnover 160.79%
Total Leverage 31.60%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 3.22%
Non Lev Exp Ratio 1.55%
Rel Lev Cost 3.60%
Discount Data
Average Discount (3 Yr) -6.32%
Discount Low(3 Yr) -18.85%
Discount High(3 Yr) 5.96%
Discount Rel Range 98.27%
Comp Discount 8.90
Discount St Dev (1Yr) 3.19
Z-Stat
Z-Stat (6mo) 2.03
Z-Stat (1Yr) 1.99
Z-Stat (3Yr) 2.20
Comp Z-Stat (6mo) 2.83
Comp Z-Stat (3Yr) 1.95
Distribution Data
Market Yield 8.97%
Income Yield 0.00%
Lev Adj NAV Yield 7.20%
Distribution Frequency M
Current Distribution $0.167
Current Income $0.000
Ex-Date 12/12/18
Payable Date 1/2/19
Div Growth (3yr) 0.00%
Dividend Change % on
Expected Div 1/2/19
RoC (1yr) 0.00%
RoC (3yr) 0.00%
Tax Dividend Data 2017 2015 - 2017
Income 100% 100.0%
ST Gains 0% 0%
QDI 15.1% 15.9%
LT Gains 0% 0.0%
RoC 0% 0%
Volume & Liquidity
Average Daily $ (M) $993
Avg Volume 30 day 37,531
Avg Volume 90 day 44,456
Volume Trend -15.58%
Comp Volume Trend -11.46%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
81.0%
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
85.0%
Price Correlation (1yr)
vs. CEFA's Convertible Bond Index
87.0%
Most Correlated Peer (Mk Pr): AVK 86.0%
NAV - Price Correlation (30 d) 88.7%
NAV - Price Correlation (90 d) 91.9%
NAV - Price Correlation (1 Yr) 72.0%
Price St Dev (1Yr) 18.6%
NAV St Dev (1Yr) 15.6%
Earnings
Earnings / Share (7/31/18) $0.015
Earn Coverage 8.92%
Earnings Trend Down
UNII / Share (7/31/18) $1.621
Rel UNII
UNII Trend Up
Bond Specific Data
Maturity 5.93
Duration
Credit Rating (rbo) B
Investment Grade 8.77%
Non Investment Grade 37.99%
Unrated Bonds 53.24%
Performance
NAV Beta (2yr)
vs. S&P 500 (TR)
0.94
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
1.78
NAV Beta (2yr)
vs. CEFA's Convertible Bond Index
1.24

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NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

The following information applies to closed-end funds and business development companies in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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