AllianzGI Diversified Income & Convert:ACV

    Manage Alerts


    As of 9/25/2020

    52 Wk Avg$23.42$24.48-4.31%
    52 Wk High$28.25$30.586.49%
    52 Wk Low$11.51$16.75-28.57%
    Regular Distribution TypeIncome Only
    Distribution Rate8.04%
    Distribution Amount$0.1670
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund’s investment objective is to provide total return through a combination of current income and capital appreciation, while seeking to provide downside protection against capital loss. It will consist of securities rated below investment grade or unrated but determined by AGI U.S. to be of comparable quality (sometimes referred to as “high yield securities” or “junk bonds”). There is no assurance that the Fund will achieve its investment objective or that the Fund’s investment program will be successful.

    Capital Structure

    As of 9/25/2020

    Total Investment Exposure:$401.226M
    Total Common Assets:$296.226M
    Common Shares Outstanding:10,353,920

    As of 9/25/2020

    Preferred Share Assets: $30.000M
    Total Debt (USD): $75.000M
    Regulatory Leverage (USD): $105.000M
    Effective Leverage (USD): $105.000M
    Effective Leverage (%): 26.17%
    Annual Expense Ratios

    As of 1/31/2020

      Per Common Share
    Management FeesN/A
    Other Expenses:N/A
    Baseline Expense: N/A
    Interest Expense:N/A
    Total: 3.32%
    Fund Management

    Fund Sponsor
    Allianz Global Investors

    Portfolio Managers
    Douglas G. Forsyth, Justin M. Kass, William L. Stickney, Michael E. Yee

    Category: Hybrid-U.S. Allocation
    Ticker: ACV
    NAV Ticker: XACVX
    Average Daily Volume (shares): 50,142
    Average Daily Volume (USD): $1.124M
    Inception Date: 5/27/2015
    Inception Share Price: $25.00
    Inception NAV: $23.88
    Tender Offer: No
    Term: Yes
    Fiscal Year End: January 31
    Third Party Links & Reports


    As of 9/25/2020

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 1/31/2020
    Annualized Distribution Rate on NAV:
    As of 9/25/2020
    Total Return on NAV (12 months):
    As of 9/25/2020
    Avg. Portfolio Coupon:
    As of 9/25/2020
    Total % Portfolio Effectively Leveraged:
    As of 9/25/2020

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 9/25/2020

    PeriodAvg Discount
    6 Month-8.08%
    1 Year-4.31%
    3 Year-2.07%
    5 Year-5.35%

    As of 9/25/2020

    3 Month-2.99
    6 Month-2.79
    1 Year-1.61
    Pricing History
    Date NAV Premium / Discount


    Calendar Year Total Returns

    As of 8/31/2020
    Category: Morningstar US CEF US Allocation

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 8/31/2020
    Category: Morningstar US CEF US Allocation

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 9/25/2020
    Number of Holdings:
    As of 7/31/2020
    Annual Portfolio Turnover:
    As of 1/31/2020
    Asset Allocation

    As of 7/31/2020 reported by Fund Sponsor

    Top Sectors

    As of 7/31/2020 reported by Fund Sponsor

    Corporate (Super Sector)73.02%
    Corporate Bond14.65%
    Sensitive (Super Sector)11.06%
    Preferred Stock7.61%
    Cyclical (Super Sector)6.22%
    Defensive (Super Sector)6.19%
    Consumer Cyclical3.30%
    Top Holdings

    As of 7/31/2020 reported by Fund Sponsor

    HoldingValue% Portfolio
    Tesla Inc 2%$6.08M1.55%
    Apple Inc$5.02M1.28%
    Broadcom Inc Broadcom Inc 8 % Mandatory Convertible Preferred Stock Ser A$4.91M1.25%
    Danaher Corp PRF CONVERT 15/04/2022 USD - Ser A$4.87M1.24% Inc$4.67M1.19%
    Microsoft Corp$4.33M1.10%
    Microchip Technology Incorporated 1.62%$4.27M1.09%
    Splunk Inc 1.12%$4.23M1.08%
    DexCom Inc 0.25%$4.07M1.04%
    NextEra Energy Inc Unit$3.97M1.01%
    Maturity Breakdown

    As of 7/31/2020 reported by Fund Sponsor

    Country Allocation

    As of 7/31/2020 reported by Fund Sponsor

    Country% Portfolio
    United States - Equity23.28%
    United States - Fixed Income14.09%
    China - Equity0.44%
    Canada - Fixed Income0.26%
    Netherlands - Fixed Income0.22%
    United Kingdom - Equity0.18%
    Israel - Equity0.13%
    United Kingdom - Fixed Income0.09%
    Canada - Equity0.03%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.


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

    The following information applies to closed-end funds 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. Shares of closed-end funds 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 frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.