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Business Wire (Wed, 4-Mar 5:05 PM ET)
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 May 28, 2026, NIE stock price climbed to $26.92 with 37,393 million shares trading.
NIE has a beta of 0.86, meaning it tends to be less sensitive to market movements. NIE has a correlation of 0.78 to the broad based SPY ETF.
NIE has a market cap of $745.93 million. This is considered a Small Cap stock.
In the last 3 years, NIE traded as high as $27.02 and as low as $18.54.
NIE has underperformed the market in the last year with a price return of +27.0% while the SPY ETF gained +28.9%. NIE has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +8.0% and +0.5%, respectively, while the SPY returned +10.3% and +1.7%, respectively.
NIE support price is $26.46 and resistance is $26.94 (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.
