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 > Why in the 30 cent range

<< Previous

Bullboard Posts

Next >>

Post by Qbar82dvon May 26, 2016 3:47pm

160 Views

Post# 24907882

Why in the 30 cent range

My sell target is around 50 cents. Mali government kills the profit with the free carry 20% and taxes. Not much hope of a buyout as the Russians and Iamgold both dropped out.
If someone has a better insight PLEASE EXPLAIN. Cheers

<< Previous

Bullboard Posts

Next >>

WINNERS of the COP 29: Siemens Energy, Plug Power, dynaCERT!