Allianzgi Equity & Conv (NIE) closed at $24.67 on October 22, 2026, down 1.0% from the previous close, on volume of 64,083 shares (30-day average 85,920).
Data as of October 22, 2026.
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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 October 22, 2026, NIE stock price declined to $24.67 with 64,083 million shares trading.
NIE has a beta of 0.84, meaning it tends to be less sensitive to market movements. NIE has a correlation of 0.71 to the broad based SPY ETF.
NIE has a market cap of $683.58 million. This is considered a Small Cap stock.
In the last 3 years, NIE traded as high as $27.24 and as low as $18.54.
NIE has underperformed the market in the last year with a price return of +8.5% while the SPY ETF gained +15.5%. NIE has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -4.6% and -2.6%, respectively, while the SPY returned +2.5% and -1.3%, respectively.
NIE support price is $24.67 and resistance is $25.19 (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.