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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Advent Convertible and Income Fund > Has the bleeding stopped?

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Post by gold_diggers1on Sep 02, 2016 9:57pm

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Post# 25204998

Has the bleeding stopped?

It surely sounds like the selling has stopped at $0.27.... Now it's $0.29 where Canaccord sold quite a few shares today.... The majority of trades was at $0.29.
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Price	Volume	Volume %	# Trades
0.280	42,500	9.0%	10
0.285	25,594	5.4%	17
0.290	404,586	85.4%	48
0.295	1,000	0.2%	1
TOTAL	473,680	100.0%	76

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House Positions for C:AVK from 20160902 to 20160902

House	Bought	$Val	Ave	Sold	$Val	Ave	Net	$Net
14 ITG	200,000	58,000	0.29	0			200,000	-58,000
79 CIBC	137,000	39,730	0.29	13,000	3,745	0.288	124,000	-35,985
15 UBS	11,000	3,187	0.29	0			11,000	-3,187
99 Jitney	20,000	5,700	0.285	10,000	2,900	0.29	10,000	-2,800
2 RBC	4,000	1,160	0.29	0			4,000	-1,160
9 BMO Nesbitt	2,500	712	0.285	0			2,500	-712
57 Interactive	2,586	749	0.29	500	142	0.284	2,086	-607
85 Scotia	2,000	569	0.285	0			2,000	-569
39 Merrill Lynch	2,000	575	0.288	2,000	575	0.288	0	0
72 Credit Suisse	0			194	55	0.284	-194	55
80 National Bank	594	169	0.285	1,086	314	0.289	-492	145
13 Instinet	0			3,000	870	0.29	-3,000	870
1 Anonymous	84,500	24,119	0.285	144,400	41,359	0.286	-59,900	17,240
7 TD Sec	7,500	2,145	0.286	97,500	28,275	0.29	-90,000	26,130
33 Canaccord	0			202,000	58,580	0.29	-202,000	58,580
TOTAL	473,680	136,815	0.289	473,680	136,815	0.289	0	0

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Trades for C:AVK on 20160902 for broker #33 - 18 trades displayed

Time ET	Ex	Price	Change	Volume	Buyer	Seller	Markers
15:59:19	T	0.29	0.01	3,000	1 Anonymous	33 Canaccord	K
15:58:48	T	0.29	0.01	10,000	1 Anonymous	33 Canaccord	K
15:58:16	T	0.29	0.01	5,000	99 Jitney	33 Canaccord	K
15:55:02	T	0.29	0.01	5,000	99 Jitney	33 Canaccord	K
15:42:18	T	0.29	0.01	5,000	1 Anonymous	33 Canaccord	K
15:41:58	T	0.29	0.01	5,000	1 Anonymous	33 Canaccord	K
15:16:49	T	0.29	0.01	4,000	1 Anonymous	33 Canaccord	K
15:00:43	T	0.29	0.01	5,000	14 ITG	33 Canaccord	K
15:00:42	M	0.29	0.01	44,000	14 ITG	33 Canaccord
15:00:42	X	0.29	0.01	1,000	1 Anonymous	33 Canaccord	K
15:00:42	H	0.29	0.01	1,000	1 Anonymous	33 Canaccord	K
15:00:42	T	0.29	0.01	5,000	14 ITG	33 Canaccord	K
15:00:42	T	0.29	0.01	3,000	1 Anonymous	33 Canaccord	K
15:00:42	T	0.29	0.01	1,000	39 Merrill Lynch	33 Canaccord	K
15:00:42	T	0.29	0.01	5,000	1 Anonymous	33 Canaccord	K
14:58:54	T	0.29	0.01	14,000	14 ITG	33 Canaccord	K
14:58:54	T	0.29	0.01	78,500	14 ITG	33 Canaccord	K
11:56:00	T	0.29	0.01	7,500	79 CIBC	33 Canaccord	K