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.

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Advent Convertible and Income Fund

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Post by marketsenseon Aug 21, 2016 11:56am

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Post# 25162153

Outlook

While AVK is struggling again with the drop in gold, AVK will have its day. It is becoming more
of an anomaly as time passes. There are very few comparisons left in this space that match up
to what they have. There are more entities out there looking than there are good prospects
at this stage of developement so patience should be well rewarded with this name. A reversal
in the recent downtrend in gold will bring buyers back but the real move is one of internal nature
and has of yet, still not been made. GLTA

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