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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 oilsydon Aug 04, 2016 4:19pm
158 Views
Post# 25111611

RE:Avnel Gold (AVK)

RE:Avnel Gold (AVK)I do not really trust NPV as a measure to guide my investment interests because the discount rate is highly subjective. The 18 % return on investment that kkkrrrr thinks is wonderful is really on the low side compared to other projects in their initial stage and waiting till 2018 for first production is going to seem a painfully long time when projects like Avnel come into play more quickly with the resulting increase in share price. Also, I have pointed this out to kkkrrrr before that the volume on EOM is pitifully low. Only about 10,000 dollars changes hands on average each day. Compare that to Avnel of which about 100,000 dollars changes hands on average every day. It is a lot easier to get into and out of Avnel. I should also point out to kkkrrrrr that posting this info on every precious metals board will not increase the share price of EOM. It is a complete waste of your time as well as ours to carry on doing this.
Cheers
Oilsyd
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