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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Comment by marketsenseon Jun 07, 2016 3:54am

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Post# 24940532

RE:RE:RE:The board

Refer back to Edgar's comments regarding warrants and mgmnt opting out of utilizing the
acceleration clause. How very nice of mgmnt to give warrant holders more time to buy
more stock. Since as I understand, our billioniaire hedge fund guy, Mr. Singer owns most
of the warrants, he has just given himself more time to come up with some cash. What?
Are things that tight in Elliotville? I guess even billionaire's can get stretched a little thin
at times or is there another problem that we are not aware of? The timeline here has just
been moved ahead but Juy when the first of the warrants come due should start to reveal
the intentions of Mr Singer and provide holders with some insight. I eagerly await what
those intentions are. MS

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