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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AG Divr Incm & Convt Fd (ACV)

Taxable Bond Funds - Convertible Funds

Data as of March 21, 2017
Current
Market Price $19.51 (- $0.29)
NAV (March 21, 2017) $21.54 (- $0.27)
Premium / Discount -9.42% (-0.21%)
Fund Info
Inception May 26, 2015
Sponsor Allianz Global Investors
Website http://us.allianzgi.co...
Phone 1-800-988-8380
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
High Income Index
Convertible Bond Index
Capital & Leverage
Outstanding Shares 10,274,970
Gross Assets $344M
Net Assets $221M
Market Cap $200M
Purchases Turnover 225.55%
Sales Turnover 236.42%
Total Leverage 31.62%
Structural Leverage (out of total) 31.62%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 3.54%
Non Lev Exp Ratio 2.38%
Rel Lev Cost 2.32%
Discount Data
Average Discount (3 Yr) %
Discount Low(3 Yr) -18.85%
Discount High(3 Yr) 6.18%
Discount Rel Range 37.66%
Comp Discount -2.52
Discount St Dev (1Yr) 1.66
Z-Stat
Z-Stat (6mo) 0.71
Z-Stat (1Yr) 1.05
Z-Stat (3Yr)
Comp Z-Stat (6mo) 0.22
Comp Z-Stat (3Yr)
Distribution Data
Market Yield 10.27%
Income Yield 0.00%
Lev Adj NAV Yield 7.07%
Distribution Frequency M
Current Distribution $0.167
Current Income $0.000
Ex-Date 3/9/17
Payable Date 4/3/17
Div Growth (3yr) %
Dividend Change % on
Expected Div 4/3/17
RoC (1yr) 57.92%
RoC (3yr) 35.19%
Volume & Liquidity
Average Daily $ (M) $914
Avg Volume 30 day 49,742
Avg Volume 90 day 46,869
Volume Trend 6.13%
Comp Volume Trend 5.83%
Correlation & Volatility
Correlation (30 d) 85.3%
Correlation (90 d) 91.6%
Correlation (1 Yr) 94.2%
Price St Dev (1Yr) 13.1%
NAV St Dev (1Yr) 11.2%
Earnings
Earnings / Share (10/31/16) $0.033
Earn Coverage 19.94%
Earnings Trend Down
UNII / Share (10/31/16) $0.062
Rel UNII
UNII Trend Down
Bond Specific Data
Maturity 8.00
Duration 0.09
Credit Rating (rbo)
Investment Grade None%
Non Investment Grade None%
Unrated Bonds None%
Performance
NAV Beta (2yr)
vs. iShares 20+ Year Treasury Bond

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CEFData.com makes data for the universe of closed-end funds (CEFs) and business development companies (BDCs) available to its users. This material is not intended to be relied upon as investment advice or recommendations, does not constitute a solicitation to buy or sell securities and should not be considered specific legal, investment or tax advice. This site does not list all the risks associated with each fund. Investors should contact a fund’s sponsor for fund-specific risk information and/or contact a financial advisor before investing.

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.

This material is presented for informational purposes only. Under no circumstances is it to be considered an offer to sell, or a solicitation to buy any investment referred to on this page. While the information contained herein is from sources believed reliable, we do not represent that it is accurate or complete and it should not be relied upon as such. Past performance is not necessarily indicative of future results. All investments involve risk including the loss of principal. Returns are presented gross of investment management fees and other appropriate fees (i.e. commissions, custodial fees, etc.).

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