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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 EdgarLon May 03, 2016 12:03pm
124 Views
Post# 24837106

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:No reason

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:No reasonHi bobvee15   They've obviously followed the Koderian story and considered it, it being so close, but I don't think they will try to increase throughput in such a big way and I don't think they should.  They're going to take 1.82 million oz of gold out of the grould at Kalana over 18 years.  (The first year will produce 203,000 oz.)  As an investor, I'm interested in the long-term well-being of the community there - not taking all we can as fast as we can.  I don't invest in miners if the community or communities nearby aren't in favour or won't benefit.  Avnel has shown they care about the community by keeping the people employed in the underground mine, even though it wasn't quite profitable.  This kept the community happy leading up to now.  I'm happy with the planned pace of production.
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