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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 Nikee76on Jun 30, 2016 2:29am
127 Views
Post# 25011241

RE:Just an observation

RE:Just an observation
hi Albertan22. I am also envious to those who invested in other mining stocks that jumped more than 100 % in SP. However, I am optimistic because how Edgar and Treetop explained the only thing that can change SP is the news of financing the Kalana project. I think that it is very close since some warranties must be fulfilled in July. Lets see how much the share price of AVK will fall. It will be a buying opportunity for new investors and this will change the situation. Lets ask Edgar when exactly these warranties will be exercised?
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