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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 auburn2on Dec 16, 2016 10:10pm
121 Views
Post# 25613551

Superior Value at Alacer

Superior Value at Alacer
I challenege you to compare the deposit and share structure here at AVK against current levels at ASR. I still hold AVK shares as the stock is relatively illiquid, but instead of buying more I've been piling into ASR.

Fully financed to 20 years of low AISC production. Compare the enterprise values and reserve bases. They also have meaningful gold production prior to expansion and ~180,000 oz hedged at ~$1280.

Let me know what you think.
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