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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 marketsenseon Sep 29, 2016 4:00pm
193 Views
Post# 25292242

need catalyst

need catalystI also feel similarly,  although at this level it is absurdly cheap but that doesn't mean it can't
drift down even further in the absence of any catalysts.  Disenchanted shareholders who can't
or don't want to wait any longer will just continue to turf this one out of their portfolios.  This 
story is taking way too long to develope for most folks despite many positives.  Too bad.
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