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Advent Convertible and Income Fund T.AVK


Primary Symbol: AVK

Advent Convertible and Income Fund (the Fund) is a diversified closed-end management investment company. The Fund’s investment objective is to provide total return through a combination of capital appreciation and current income. The Fund will invest at least 80% of its managed assets in a diversified portfolio of convertible securities and non-convertible income securities. The Fund will invest at least 30% of its managed assets in convertible securities and up to 70% of its managed assets in non-convertible income securities. The Fund may invest without limitation in securities of foreign issuers. Fund invests in various sectors, such as technology, financial, communications, energy, basic materials and other. The investment advisor of the Fund is Advent Capital Management, LLC.


NYSE:AVK - Post by User

Comment by bobvee15on Mar 30, 2016 12:56pm
88 Views
Post# 24711646

RE:DFS still pending . . .

RE:DFS still pending . . .The numbers should be among the highest return projects out there at a discount using a traditional capex construction.

The mine potentially can become even more lucrative given it appears the recently built 11000 tpd Kodieran mine which has CIL processing is only is 5 km away  was never in production stage  and currently idled.That would be the logical acquisition target provided the operation can be acquired at a healthy fraction of its cost.   
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