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

Advent Convertible and Income Fund > Now at $0.32

<< Previous

Bullboard Posts

Next >>

Comment by gold_diggers1on Aug 30, 2016 10:31am

93 Views

Post# 25190772

RE:Now at $0.32

gold_diggers1 wrote: Can't believe that AVK had such a good run since the beginning of July from $0.31 to hit a 52-week high $0.39..... then now this backing down -- hitting a snag with these 100MM warrants (the holders of which want to take profits & get out??) and NO News about financings..... The demand for shares is just not there..... When can one expect financings to be done??

So quiet..... And now it's at $0.28..... Looks like more sellers than buyers.... Will AVK come down to $0.20 - $0.25? What will it take to move this stock up? Financings package.... management, get one done?!
.

Time	Price	Volume	Buyer	Seller
09:57:02	0.2800	21,500	Instinet Canada Ltd.	Fidelity Clearing Canada ULC
09:57:02	0.2800	30,000	CIBC World Markets Inc.	Fidelity Clearing Canada ULC
09:57:02	0.2800	19,500	CIBC World Markets Inc.	Fidelity Clearing Canada ULC
09:57:02	0.2850	4,000	TD Securities Inc.	Fidelity Clearing Canada ULC
09:32:21	0.3000	0	Other	Other
09:32:21	0.3000	10,000	Other	Other