Allianzgi Convertible & Income Fund (NCV) : Robinson Capital Management scooped up 80,000 additional shares in Allianzgi Convertible & Income Fund during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 316,474 shares of Allianzgi Convertible & Income Fund which is valued at $2,101,387.Allianzgi Convertible & Income Fund makes up approximately 1.49% of Robinson Capital Management’s portfolio.
Other Hedge Funds, Including , Squarepoint Ops sold out all of its stake in NCV during the most recent quarter. The investment firm sold 25,831 shares of NCV which is valued $171,518. Parametric Portfolio Associates sold out all of its stake in NCV during the most recent quarter. The investment firm sold 119,286 shares of NCV which is valued $792,059.Sit Investment Associates Inc boosted its stake in NCV in the latest quarter, The investment management firm added 316,999 additional shares and now holds a total of 757,755 shares of Allianzgi Convertible & Income Fund which is valued at $5,107,269. Allianzgi Convertible & Income Fund makes up approx 0.13% of Sit Investment Associates Inc’s portfolio.
AllianzGI Convertible & Income Fund is a closed-end fund. The Fund 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. The Fund invests in various sectors such as Technology Financials Consumer Discretionary Healthcare Energy Publishing and Printing and Telecom-Wireline Integrated and Services. Allianz Global Investors Fund Management LLC and Allianz Global Investors U.S. LLC serve as the Funds’ investment manager and sub-adviser respectively and are indirect wholly owned subsidiaries of Allianz Asset Management of America L.P. (AAM).