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Dividend, Interest & Premium Strategy’s primary investment objective is to seek current income and gains, with a secondary objective of long-term capital appreciation. Under normal market conditions the Fund pursues its investment objectives by investing in a diversified portfolio of dividend-paying common stocks and income-producing convertible securities. The Fund will also employ a strategy of writing (selling) call options on equity indexes in an attempt to generate gains from option premiums.
Allianzgi Nfj Dividend Interest & P trades on the NYSE stock market under the symbol NFJ.
As of April 22, 2024, NFJ stock price climbed to $11.92 with 108,302 million shares trading.
NFJ has a beta of 1.04, meaning it tends to be more sensitive to market movements. NFJ has a correlation of 0.64 to the broad based SPY ETF.
NFJ has a market cap of $1.13 billion. This is considered a Small Cap stock.
In the last 3 years, NFJ stock traded as high as $16.19 and as low as $10.43.
NFJ has underperformed the market in the last year with a return of +8.8%, while the SPY ETF gained +22.3%. In the last 3 month period, NFJ fell short of the market, returning -1.7%, while SPY returned +3.9%. However, in the most recent 2 weeks NFJ has outperformed the stock market by returning -2.7%, while SPY returned -3.6%.
NFJ support price is $11.63 and resistance is $11.87 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that NFJ stock will trade within this expected range on the day.