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 > Any fund managers paying attention?

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Comment by gold_diggers1on Aug 14, 2016 10:15pm

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RE:RE:RE:RE:RE:Any fund managers paying attention?

EdgarL wrote: I don't want to mislead anyone. I found out after writing this that a second warrant holder (with warrents expiring Jan 17/17) is also selling so we've got pressure from that. The warrants have been haunting us - I wish they would have been called when they had the chance. Anyway, it makes this an even bigger opportunity for any fund managers who are reading this. There are even more shares available. I still haven't found any other near-term producer so extremely undervalued as Avnel! This situation can't last forever!

EdgarL, do you happen to know how many more shares these two warrants holders still have to sell?
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Look like the selling really weighed heavily on AVK share price..... AVK just could not move higher while others have moved.....
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GLTA

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From now on, dynaCERT instead of Bitcoin or NVIDIA?