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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

Comment by auburn2on Dec 16, 2016 10:12pm
108 Views
Post# 25613554

RE:Superior Value at Alacer

RE:Superior Value at Alacer
I forgot to mention they own 50% of an excellent high-grade deposit with an NPV exceeding Kalana (though I'd have to look into the price assumptions and discounting to be more certain). Anyway, the selling off of ASR has created an opportunity there. There likely are other opportunities. It seems some of the most liquid gold stocks are being sold the hardest, so that's where my new money is going.
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