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 > Flaw?

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Post by marketsenseon Oct 18, 2016 8:45pm

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Post# 25358616

Flaw?

Not really except the mindset of billionaire Singer. This should have been financed by now with
his clout but who knows what's going on behind the scene. Drilling to expand the resource
prior to going into production is nothing to sneeze at, especially if they pull some really good
grades. Some good drill results could get some attention and pull AVK out of the basement
where it has been stuck in.

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This junior mining stock offers billions in market exposure