AllianzGI Diversified Income & Convertible Fund ends common share repurchase plan
The Fund announced on April 21, 2016 that its common share repurchase plan, which ran for a defined period after its initial public offering, has concluded. The Fund has decided not to continue the plan or start another repurchase plan at this time, so it will no longer buy back its own shares on the open market.
Key points
- The repurchase period began September 4, 2015 and ended April 21, 2016, a total of 230 days.
- Purchases were made on days when shares traded at a discount of 2% or more to closing net asset value, up to the lesser of $125,000 or the regulatory maximum.
- The plan was intended in part to add marketplace liquidity and potentially reduce declines in market price relative to net asset value.
The filing
Written by AI on Nov 9, 2026, 8:53 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 21, 2016.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.