Buy or Sell ? Support and Resistance
What is MACD and how to read it?
How RSI can help?
NIE Stock Summary
Top 10 Correlated ETFs
NIE
In the News

NIE: Tech Weighting Could Be A Problem, But It's A Solid Fund
Anyone that's followed me for a while knows I'm obsessed with the word "conditions" when it comes to investing. Virtus Equity & Convertible Income Fund has done quite well for some time now, consistently being in the top of its category for several years. I typically like more mean reversion plays with funds that have fared relatively poorly over the last several years, but the consistency can't be ignored on a relative basis.

2 Unsung 9% Paying Funds With Dividends That Soar
Stop me if you've heard this one: “If you buy a high-yielding investment, your big yield won't last because they'll cut dividends.”

These 8% Dividends Are Key To Early Retirement
With yields north of 7%, closed-end funds (CEFs) should be a staple of every American's portfolio.

NIE: Best Way To Gain Through Growth Stocks, Covered Calls, And Convertibles
Price performance of healthcare and financial stocks in NIE's portfolio was quite disappointing this year. However, technology stocks performed well. NIE has been able to generate an exceptionally high yield during 2022 and 2023. Otherwise, the average yield stays within a range of 5 to 8 percent.

NIE: I Want To Like This Convertible CEF But I'm Not Sure It's Worth The Risk
Convertible securities offer the best of fixed-income securities and common equities to investors. AllianzGI Equity & Convertible Income Fund is heavily invested in technology and healthcare companies, which is not unsurprising but resulted in horrible performance when the bubble popped last year.

NIE: CEF That Combines Growth Stocks, Covered Calls And Convertibles
NIE has been paying consistent quarterly dividends with a reasonably strong yield and exceptionally high total return over the long term. Convertible securities protected NIE from extreme volatility of large-cap stocks, and covered call strategy helped it generate strong pay-out.

NIE: Virtus CEF That Adds Convertibles And Options To Its Equity Mix
The AllianzGI Equity & Convertible Income Fund uses a combination of stocks, covered calls, and convertibles to provide investors with capital appreciation and current income. This differs from its sister CEF, the Virtus AllianzGI Diversified Income & Convertible Fund, who emphasizes the convertible part of its strategy.

CEF Weekly Market Review: Slow And Steady Distributions Can Win The Race
We review CEF market valuation and performance through the first week of December and highlight recent market action. November did not bring much joy to CEF investors with the market finishing lower in aggregate. December has continued the trend lower so far.

Monthly Review Of DivGro: September 2021
This article reviews DivGro, my portfolio of dividend growth stocks. I provide a summary of transactions and indicate how those transactions affected DivGro's projected annual dividend income. This month is the first time my projected monthly dividend income topped $3,000!

NIE: A Portfolio Mix Of Growth Equities And Convertible Securities, 5.02% Distribution Yield
NIE offers a quarterly distribution of $0.38 per share, which makes up a 5.02% yield, as of 09/18/2021. The quarterly distribution rate has been steady and changed only a couple of times over the last decade.
NIE Financial details
NIE Financial Performance
Yearly Fundamentals Overview
Last date of statement is 2023-01-31
Metric | History | 2020-01-31 | 2020-01-31 | 2021-01-31 | 2022-01-31 | 2023-01-31 |
---|---|---|---|---|---|---|
Revenue per share | 3.9 | 7.56 | 2.72 | -3.88 | 0 | |
Net income per share | 3.88 | 7.54 | 2.68 | -3.9 | 0 | |
Operating cash flow per share | 3.88 | 0 | 0 | 0 | 0 | |
Free cash flow per share | 3.88 | 0 | 0 | 0 | 0 | |
Cash per share | 0 | 0.02 | 0 | 0 | 0 | |
Book value per share | 24.9 | 30.91 | 30.22 | 22.35 | 0 | |
Tangible book value per share | 24.94 | 30.95 | 30.22 | 22.35 | 0 | |
Share holders equity per share | 24.9 | 30.91 | 30.22 | 22.35 | 0 | |
Interest debt per share | 0 | 0 | 0 | 0 | 0 | |
Market cap | 640.84M | 641.16M | 787.54M | 760.01M | 0 | |
Enterprise value | 640.84M | 640.58M | 787.44M | 759.91M | -101K | |
P/E ratio | 5.96 | 3.07 | 10.57 | -7.01 | 0 | |
Price to sales ratio | 5.94 | 3.06 | 10.41 | -7.04 | 0 | |
POCF ratio | 5.96 | 0 | 0 | 0 | 0 | |
PFCF ratio | 5.96 | 0 | 0 | 0 | 0 | |
P/B Ratio | 0.93 | 0.75 | 0.94 | 1.22 | 0 | |
PTB ratio | 0.93 | 0.75 | 0.94 | 1.22 | 0 | |
EV to sales | 5.94 | 3.06 | 10.41 | -7.04 | 0 | |
Enterprise value over EBITDA | 5.96 | 3.07 | 10.57 | -7.01 | 0 | |
EV to operating cash flow | 5.96 | 0 | 0 | 0 | 0 | |
EV to free cash flow | 5.96 | 0 | 0 | 0 | 0 | |
Earnings yield | 0.17 | 0.33 | 0.09 | -0.14 | 0 | |
Free cash flow yield | 0.17 | 0 | 0 | 0 | 0 | |
Debt to equity | 0 | 0 | 0 | 0 | 0 | |
Debt to assets | 0 | 0 | 0 | 0 | 0 | |
Net debt to EBITDA | 0 | 0 | 0 | 0 | 0 | |
Current ratio | 1.3 | 1.11 | 0.41 | 1.89 | 1.89 | |
Interest coverage | 0 | 0 | 0 | 0 | 0 | |
Income quality | 1 | 0 | 0 | 0 | 0 | |
Dividend Yield | 0.07 | 0 | 0 | 0 | 0 | |
Payout ratio | 0.39 | 0 | 0 | 0 | 0 | |
Sales general and administrative to revenue | 0 | 0 | 0.02 | -0.01 | -0.01 | |
Research and developement to revenue | 0 | 0 | 0 | 0 | 0 | |
Intangibles to total assets | 0 | 0 | 0 | 0 | 0 | |
Capex to operating cash flow | 0 | 0 | 0 | 0 | 0 | |
Capex to revenue | 0 | 0 | 0 | 0 | 0 | |
Capex to depreciation | 0 | 0 | 0 | 0 | 0 | |
Stock based compensation to revenue | 0 | 0 | 0 | 0 | 0 | |
Graham number | 46.63 | 72.41 | 42.69 | 44.28 | 0 | |
ROIC | 0.16 | 0.24 | 0.09 | -0.17 | -0.17 | |
Return on tangible assets | 0.15 | 0.24 | 0.09 | -0.17 | -0.17 | |
Graham Net | -0.01 | -0.05 | -0.14 | 0.02 | 0 | |
Working capital | 2.03M | 1.04M | -1.64M | 2.88M | 2.88M | |
Tangible asset value | 690.56M | 857.6M | 840.26M | 621.64M | 622.45M | |
Net current asset value | 2.03M | 1.04M | -3.59M | 2.07M | 2.88M | |
Invested capital | 0 | 0 | 0 | 0 | 0 | |
Average receivables | 9.41M | 9.38M | 5.46M | 3.54M | 6.02M | |
Average payables | 7.78M | 8.13M | 6.1M | 3.02M | 3.24M | |
Average inventory | 0 | 0 | 0 | 0 | 0 | |
Days sales outstanding | 30.08 | 17.19 | 5.11 | -20.34 | -20.34 | |
Days payables outstanding | 0 | 0 | 0 | 0 | 0 | |
Days of inventory on hand | 0 | 0 | 0 | 0 | 0 | |
Receivables turnover | 12.13 | 21.23 | 71.43 | -17.94 | -17.94 | |
Payables turnover | 0 | 0 | 0 | 0 | 0 | |
Inventory turnover | 0 | 0 | 0 | 0 | 0 | |
ROE | 0.16 | 0.24 | 0.09 | -0.17 | -0.17 | |
Capex per share | 0 | 0 | 0 | 0 | 0 |
Quarterly Fundamentals Overview
Last date of statement is 2023-01-31 for Q4
Metric | History | 2022-01-31 | 2022-07-31 | 2022-07-31 | 2023-01-31 | 2023-01-31 |
---|---|---|---|---|---|---|
Revenue per share | 0 | 0 | 0 | 0 | 0 | |
Net income per share | 0 | 0 | 0 | 0 | 0 | |
Operating cash flow per share | 0 | 0 | 0 | 0 | 0 | |
Free cash flow per share | 0 | 0 | 0 | 0 | 0 | |
Cash per share | 0 | 0 | 0 | 0 | 0 | |
Book value per share | 0 | 0 | 0 | 0 | 0 | |
Tangible book value per share | 0 | 0 | 0 | 0 | 0 | |
Share holders equity per share | 0 | 0 | 0 | 0 | 0 | |
Interest debt per share | 0 | 0 | 0 | 0 | 0 | |
Market cap | 0 | 0 | 0 | 0 | 0 | |
Enterprise value | -100K | -100K | -100K | -101K | -101K | |
P/E ratio | 0 | 0 | 0 | 0 | 0 | |
Price to sales ratio | 0 | 0 | 0 | 0 | 0 | |
POCF ratio | 0 | 0 | 0 | 0 | 0 | |
PFCF ratio | 0 | 0 | 0 | 0 | 0 | |
P/B Ratio | 0 | 0 | 0 | 0 | 0 | |
PTB ratio | 0 | 0 | 0 | 0 | 0 | |
EV to sales | 0 | 0 | 0 | 0 | 0 | |
Enterprise value over EBITDA | 0 | 0 | 0 | 0 | 0 | |
EV to operating cash flow | 0 | 0 | 0 | 0 | 0 | |
EV to free cash flow | 0 | 0 | 0 | 0 | 0 | |
Earnings yield | 0 | 0 | 0 | 0 | 0 | |
Free cash flow yield | 0 | 0 | 0 | 0 | 0 | |
Debt to equity | 0 | 0 | 0 | 0 | 0 | |
Debt to assets | 0 | 0 | 0 | 0 | 0 | |
Net debt to EBITDA | 0 | 0 | 0 | 0 | 0 | |
Current ratio | 0.41 | 0.61 | 0.61 | 1.89 | 1.89 | |
Interest coverage | 0 | 0 | 0 | 0 | 0 | |
Income quality | 0 | 0 | 0 | 0 | 0 | |
Dividend Yield | 0 | 0 | 0 | 0 | 0 | |
Payout ratio | 0 | 0 | 0 | 0 | 0 | |
Sales general and administrative to revenue | 0 | 0 | 0 | 0 | 0 | |
Research and developement to revenue | 0 | 0 | 0 | 0 | 0 | |
Intangibles to total assets | 0 | 0 | 0 | 0 | 0 | |
Capex to operating cash flow | 0 | 0 | 0 | 0 | 0 | |
Capex to revenue | 0 | 0 | 0 | 0 | 0 | |
Capex to depreciation | 0 | 0 | 0 | 0 | 0 | |
Stock based compensation to revenue | 0 | 0 | 0 | 0 | 0 | |
Graham number | 0 | 0 | 0 | 0 | 0 | |
ROIC | 0 | 0 | 0 | 0 | 0 | |
Return on tangible assets | 0 | 0 | 0 | 0 | 0 | |
Graham Net | 0 | 0 | 0 | 0 | 0 | |
Working capital | -1.64M | -1.75M | -1.75M | 2.88M | 2.88M | |
Tangible asset value | 840.26M | 721.61M | 723.19M | 622.45M | 621.64M | |
Net current asset value | -3.59M | -3.33M | -1.75M | 2.88M | 2.07M | |
Invested capital | 0 | 0 | 0 | 0 | 0 | |
Average receivables | 1.86M | 1.87M | 4.35M | 4.35M | 4.35M | |
Average payables | 6.55M | 3.66M | 3.88M | 3.88M | 3.88M | |
Average inventory | 0 | 0 | 0 | 0 | 0 | |
Days sales outstanding | 0 | 0 | 0 | 0 | 0 | |
Days payables outstanding | 0 | 0 | 0 | 0 | 0 | |
Days of inventory on hand | 0 | 0 | 0 | 0 | 0 | |
Receivables turnover | 0 | 0 | 0 | 0 | 0 | |
Payables turnover | 0 | 0 | 0 | 0 | 0 | |
Inventory turnover | 0 | 0 | 0 | 0 | 0 | |
ROE | 0 | 0 | 0 | 0 | 0 | |
Capex per share | 0 | 0 | 0 | 0 | 0 |
NIE Frequently Asked Questions
What is AllianzGI Equity & Convertible Income Fund stock symbol ?
AllianzGI Equity & Convertible Income Fund is a US stock , located in New york of Ny and trading under the symbol NIE
What is AllianzGI Equity & Convertible Income Fund stock quote today ?
AllianzGI Equity & Convertible Income Fund stock price is $19.885 today.
Is AllianzGI Equity & Convertible Income Fund stock public?
Yes, AllianzGI Equity & Convertible Income Fund is a publicly traded company.