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Business Wire (Fri, 19-Dec 4:25 PM ET)
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The fund’s investment objective is to provide total return through a combination of capital appreciation and high current income. The Funds attempt to achieve this objective by investing in a portfolio of convertible securities and non-convertible income-producing securities.
Allianzgi Equity & Conv trades on the NYSE stock market under the symbol NIE.
As of December 29, 2025, NIE stock price declined to $25.00 with 85,942 million shares trading.
NIE has a beta of 0.96, meaning it tends to be less sensitive to market movements. NIE has a correlation of 0.88 to the broad based SPY ETF.
NIE has a market cap of $692.72 million. This is considered a Small Cap stock.
In the last 3 years, NIE traded as high as $26.00 and as low as $18.02.
NIE has underperformed the market in the last year with a price return of +10.2% while the SPY ETF gained +15.6%. NIE has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +2.0% and +0.1%, respectively, while the SPY returned +4.2% and +1.2%, respectively.
NIE support price is $24.79 and resistance is $25.23 (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 NIE shares will trade within this expected range on the day.
