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AllianzGI Convertible & Income Fund's Series A Preferred Shares Cross 7.5% Yield Mark

Source: Nasdaq

Credit & Bond MarketsCapital Returns (Dividends / Buybacks)

AllianzGI Convertible & Income Fund II 5.50% Series A Cumulative Preferred Shares (NCZ.PRA) yielded above 7.5% on Tuesday, based on an annualized quarterly dividend of $1.375. Shares traded as low as $18.30.

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