NFJ:NYE-AllianzGI NFJ Dividend Interest & Premium Strategy Fund (USD)

ETF | Asset Management | New York Stock Exchange

Last Closing

USD 12.22

Change

-0.06 (-0.49)%

Market Cap

USD 1.20B

Volume

0.20M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The Fund will invest in a diversified portfolio of dividend-paying common stocks and income-producing convertible securities. The Fund will also employ a strategy of writing call options on equity indexes in an attempt to generate gains from option premiums. The Equity Component is expected to represent approximately 75%, and the Convertible Component approximately 25% of the net proceeds of the IPO. Under normal circumstances, the Fund will invest at least 80% of its net assets in securities and other instruments that provide dividends, interest or option premiums. The Equity Component will ordinarily consist principally of dividend-paying common stocks, but may also include preferred stocks and dividend-paying real estate investment trusts. The assets of the Equity Component will be invested principally in securities of U.S issuers but may include American Depository Receipts. The Fund considers an initial selection universe consisting of the 1,000 largest publicly traded companies in the US to identify 150 to 200 companies that exhibit the best fundamental characteristics. Up to 10% of the components assets may be invested in foreign securities other than ADRs, including emerging market securities. The Convertible component will ordinarily consist of convertible securities, including synthetic convertible securities, and may include convertible securities that are of below investment grade quality. Up to 20% of the Convertible Component may consist of US dollar-denominated securities of foreign issuers based in developed countries. The Fund will employ a strategy of writing call options on equity indexes in an attempt to generate gains from option premiums. The underlying value of the indexes would be approximately equal to and will not exceed the value of the Equity Component, i.e. approximately 75% of the Funds net assets, subject to future fluctuations in the assets attributable to the Equity Component and annual rebalancing. The Fund may invest up to 15% of its total assets in illiquid securities.

Inception Date: 23/02/2005

Primary Benchmark: BofAML US Convertible

Primary Index: S&P 500 TR USD

Gross Expense Ratio: 0.97%

Management Expense Ratio:

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-07-01 )

Largest Industry Peers for Asset Management

Symbol Name Mer Price(Change) Market Cap
BX Blackstone Group Inc 0.00 %

-1.28 (-0.84%)

USD 192.43B
BLK BlackRock Inc 0.00 %

-15.49 (-1.63%)

USD 140.65B
KKR KKR & Co LP 0.00 %

-0.71 (-0.54%)

USD 122.06B
BN Brookfield Corp 0.00 %

-0.07 (-0.13%)

USD 80.16B
APO Apollo Global Management LLC C.. 0.00 %

+7.10 (+5.68%)

USD 71.14B
ARES Ares Management LP 0.00 %

+0.47 (+0.30%)

USD 48.78B
AMP Ameriprise Financial Inc 0.00 %

+3.33 (+0.71%)

USD 46.13B
OWL Blue Owl Capital Inc 0.00 %

+0.15 (+0.77%)

USD 27.73B
RJF Raymond James Financial Inc. 0.00 %

+0.54 (+0.44%)

USD 25.22B
BAM Brookfield Asset Management In.. 0.00 %

+0.28 (+0.59%)

USD 19.83B

ETFs Containing NFJ

N/A

Market Performance

  Market Performance vs. Industry/Classification (Asset Management) Market Performance vs. Exchange (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -3.02% 14% F 30% F
Dividend Return 4.44% 65% D 89% A-
Total Return 1.43% 18% F 40% F
Trailing 12 Months  
Capital Gain -0.16% 29% F 36% F
Dividend Return 8.58% 68% D+ 89% A-
Total Return 8.42% 46% F 53% F
Trailing 5 Years  
Capital Gain -2.32% 78% C+ 47% F
Dividend Return 38.30% 71% C- 92% A
Total Return 35.98% 82% B 63% D
Average Annual (5 Year Horizon)  
Capital Gain 1.98% 75% C 50% F
Dividend Return 9.39% 77% C+ 64% D
Total Return 7.41% 63% D 90% A-
Risk Return Profile  
Volatility (Standard Deviation) 18.81% 41% F 54% F
Risk Adjusted Return 49.93% 83% B 72% C
Market Capitalization 1.20B 77% C+ 53% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

What to not like:
Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Poor return on equity

The company management has delivered below median return on equity in the most recent 4 quarters compared to its peers.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.