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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 gold_diggers1on Aug 18, 2016 12:51pm
202 Views
Post# 25154731

Now at $0.32

Now at $0.32Can't believe that AVK had such a good run since the beginning of July from $0.31 to hit a 52-week high $0.39..... then now this backing down -- hitting a snag with these 100MM warrants (the holders of which want to take profits & get out??) and NO News about financings.....  The demand for shares is just not there.....  When can one expect financings to be done??  
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Time and Sales

Time Price Volume Buyer Seller
12:32:19 0.3200 9,000 CIBC World Markets Inc. TD Securities Inc.
12:32:19  0.3200 5,000 TD Securities Inc. TD Securities Inc.
11:39:23 0.3300 3,000 JitneyTrade Inc. Barclays Capital Canada Inc.
11:39:23 0.3300 5,000 JitneyTrade Inc. Canaccord Capital Corp.
11:38:50  0.3300 2,500 Other Canaccord Capital Corp.
11:38:50  0.3350 1,000 Other Merrill Lynch Canada Inc.
11:38:50  0.3300 1,000 Other Canaccord Capital Corp.
10:50:15  0.3250 10,000 National Bank Financial Inc. TD Securities Inc.
09:48:29 0.3300 0 Other Other
09:48:29 0.3300 10,000 Other Other
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Market By Price

Bids
Time of Order Size Price
09:16:21 14,000 0.3200
08:15:00 5,000 0.3150
08:14:57 32,500 0.3100
09:50:04 26,500 0.3000
09:14:22 1,000 0.2950
09:30:00 1,000 0.2900
Asks
Price Size Time of Order
0.3250 500 12:33:09
0.3300 500 11:39:23
0.3400 57,500 03:25:03
0.3450 91,000 03:25:03
0.3500 207,500 03:30:03
0.3600 152,000 03:25:03

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