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 > Stuck in cement

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Comment by marketsenseon May 23, 2017 1:45pm

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Post# 26273489

RE:RE:RE:RE:Stuck in cement

Yes agreed. Gold above $1350 would certainly help but then you have the competition in this
space going even higher and faster, which still makes AVK a dull laggard by comparison. I'm
thinking that the best you can hope for is a higher gold price and then a buyout. That would
be the quickest exit for a nice profit for most investors.

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