AllianzGI Convertible & Income Fund Reports Results for the Fiscal Quarter Ended May 31, 2020

AllianzGI Convertible & Income Fund (the "Fund") (NYSE:NCV), a diversified closed-end management investment company which seeks to provide total return through a combination of capital appreciation and high current income, today announced its results for the fiscal quarter ended May 31, 2020.

				At May 31
				2020

2019

Net Assets (a)

$741,031,922

$810,004,168

Common Shares Outstanding

90,373,569

89,820,495

Net Asset Value ("NAV")

$4.62

$5.42

Market Price

$4.28

$5.50

Premium (Discount) to NAV

(7.36)%

1.48%

Overdistributed Net Investment Income Per Common Share (b)

$(0.0552)

$(0.0805)

  Quarter ended May 31  

2020

2019

Net Investment Income (c)

$9,575,047

$12,339,045

Per Common Share (c)

$0.11

$0.14

Net Realized and Change in Unrealized Gain (Loss) (c)

$(59,321,910)

$(10,671,370)

Per Common Share (c)

$(0.66)