Advent Convertible and Income Fund filed SEC Form 8-K: Entry into a Material Definitive Agreement, Termination of a Material Definitive Agreement, Financial Statements and Exhibits
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Item 1.01. Entry into a Material Definitive Agreement.
Entry into Fund Administration and Accounting Agreement with BNY
On December 15, 2025, Advent Convertible and Income Fund (NYSE: AVK) (the “Fund”) entered into a Fund Administration and Accounting Agreement (the “FAA Agreement”) with The Bank of New York Mellon (“BNY”). Pursuant to the FAA Agreement, BNY performs administrative functions and bookkeeping, accounting and pricing functions for the Fund. For these services, BNY receives a fee, accrued daily and paid monthly, based on average daily net assets of the Fund, subject to a minimum fee per year. The Fund also reimburses BNY for certain out-of-pocket expenses.
The foregoing description of the FAA Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the FAA Agreement, which is filed with this report as Exhibit 1.1 and incorporated herein by reference.
Entry into Custody Agreement with BNY
On December 15, 2025, the Fund entered into a Custody Agreement (the “Custody Agreement”) and Foreign Custody Manager Agreement (“Foreign Custody Agreement”) with BNY amending and replacing the prior agreements with BNY dated May 2, 2003. Pursuant to the Custody Agreement, BNY serves as the Fund’s custodian and holds securities and cash on behalf of the Fund in accordance with the Investment Company Act of 1940, as amended (the “1940 Act”). Pursuant to the Foreign Custody Agreement, BNY provides services as foreign custody manager for the Fund in connection with its services under the Custody Agreement. For its services, BNY receives a monthly fee based upon, among other things, the average daily net assets of the Fund, plus certain charges for securities transactions.
The foregoing description of the Custody Agreement and Foreign Custody Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Custody Agreement and Foreign Custody Agreement, which are filed with this report as Exhibits 1.2 and 1.3, respectively, and incorporated herein by reference.
Item 1.02. Termination of a Material Definitive Agreement.
Termination of Fund Administration and Accounting Agreement with MUFG
On December 15, 2025, in conjunction with entering into the FAA Agreement, the Fund terminated its existing administration and accounting agreement with MUFG Investor Services (US) LLC (“MUFG”) (the “Prior FAA Agreement”), subject to the provision of certain ongoing transition services. Other than ordinary course payments under the Prior FAA Agreement through the effective date of termination, no termination or other fees are payable by the Fund in connection with the termination of the Prior FAA Agreement.
Termination of Prior Custody Agreement and Foreign Custody Agreement with BNY
On December 15, 2025, in conjunction with entering into the Custody Agreement and Foreign Custody Agreement, the Fund terminated its existing custody agreement and foreign custody manager agreement with BNY (collectively, the “Prior Custody Agreements”). Other than ordinary course payments under the Prior Custody Agreements through the effective date of termination, no termination or other fees are payable in connection with the termination of the Prior Custody Agreements.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
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1.1 1.2 1.3 |
Fund Administration and Accounting Agreement between the Fund and The Bank of New York Mellon. Custody Agreement between the Fund and The Bank of New York Mellon Foreign Custody Manager Agreement between the Fund and The Bank of New York Mellon
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| ADVENT CONVERTIBLE AND INCOME FUND | |||||
| Date: December 18, 2025 | By: | /s/ Robert White | |||
| Name: Robert White | |||||
| Title: Chief Financial Officer |