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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

Post by EdgarLon Jun 09, 2016 12:36pm
136 Views
Post# 24951032

Paul Singer and Howard Miller

Paul Singer and Howard MillerOn sedar.com, under Avnel Gold for the 2005 year, it can be seen that Paul Singer and Howard Miller were the two who set up this company.  It is interesting that Paul Singer is known as a gold bull and this is the only mining company he is known to own, with over 50% ownership..  The reason I suspect that he doesn't see the need to have others is because Avnel is not just one high-grade open-pit gold mine, but a whole series of them to come one after the other.   
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