AVK Advent Convertible and Income Fund

Advent Convertible and Income Fund

Trusts Except Educational Religious and Charitable

Finance

Advent Claymore Convertible Securities and Income Fund is a closed-ended fixed income mutual fund launched and managed by Advent Capital Management, LLC. The fund primarily invests in the fixed income markets of the United States. It seeks to invest in securities of companies operating across the diversified sectors. The fund invests approximately 60% of its portfolio in convertible securities and rest in lower-grade non-convertible income securities. It employs fundamental analysis to create its portfolio. Advent Claymore Convertible Securities and Income Fund was formed on April 29, 2003 and is domiciled in the United States.

IPO Year: 2003

Exchange: NYSE

Website: guggenheimfunds.com/cef/fund/avk

Recent Analyst Ratings for Advent Convertible and Income Fund

Date	Price Target	Rating	Analyst

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Advent Convertible and Income Fund Press Releases

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Advent Convertible and Income Fund (NYSE: AVK) Announces Final Results of Rights Offering
NEW YORK, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Advent Convertible and Income Fund (NYSE:AVK) (the "Fund") today announced the final results of its transferable rights offering (the "Offer"). The Offer expired on October 17, 2024 (the "Expiration Date"). The Rights no longer trade on the New York Stock Exchange ("NYSE"). The final subscription price per share was $11.28, which was equal to 90% of the net asset value per Common Share as of the Expiration Date. The Offer resulted in the issuance of 9,540,946 Common Shares. The gross proceeds of the Offer were approximately $108 million. The Common Shares subscribed for were issued after completion of the allocation of the over-subscription Com
10/24/24 4:30:00 PM ET
$AVK
Trusts Except Educational Religious and Charitable
Finance
Advent Convertible and Income Fund (NYSE: AVK) Announces Preliminary Results of Rights Offering
NEW YORK, Oct. 18, 2024 (GLOBE NEWSWIRE) -- Advent Convertible and Income Fund (NYSE:AVK) (the "Fund") today announced the completion and preliminary results of its transferable rights offering (the "Offer") which commenced on September 20, 2024 and expired on October 17, 2024 (the "Expiration Date"). The Offer entitled Rights holders to subscribe for common shares of beneficial interest ("Common Shares") of the Fund. Pursuant to the Offer, the Fund issued one transferable right (a "Right") for each Common Share held by shareholders of record as of September 20, 2024. Holders of Rights were entitled to purchase one new Common Share for every three rights held (1 for 3). The subscription p
10/18/24 8:30:00 AM ET
$AVK
Trusts Except Educational Religious and Charitable
Finance
Guggenheim Investments Announces October 2024 Closed-End Fund Distributions
NEW YORK, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Guggenheim Investments today announced that certain closed-end funds have declared their distributions*. The table below summarizes the distribution schedule for each closed-end fund (collectively, the "Funds" and each, a "Fund"). The following dates apply to the distributions: Record DateOctober 15, 2024 Ex-Dividend DateOctober 15, 2024 Payable DateOctober 31, 2024 Distribution ScheduleNYSE TickerClosed-End Fund NameDistribution Per ShareChange from Previous DistributionFrequencyGBABGuggenheim Taxable Municipal Bond & Investment Grade Debt Trust$0.12573† MonthlyGOFGuggenheim Strategic Opportunities Fund$0.1821† MonthlyGUGGuggenheim Active
10/1/24 4:30:00 PM ET
$AVK
Trusts Except Educational Religious and Charitable
Finance
Advent Convertible and Income Fund (NYSE: AVK) Announces Updated Dates for October Distribution
NEW YORK, Sept. 16, 2024 (GLOBE NEWSWIRE) -- Advent Convertible and Income Fund (NYSE:AVK) (the "Fund") announced updated record and ex-dividend dates for its October Distribution. As previously announced, on September 10, 2024, the Fund declared its regular monthly distribution for October in an amount of $0.1172 per share. The following dates apply to the previously declared October distribution: Record Date:October 2, 2024 Ex-Dividend Date:October 2, 2024 Payable Date: October 31, 2024 A portion of this distribution is estimated to be a return of capital rather than income. Final determination of the character of distributions will be made at year-end. The Section 19(a) notice refer
9/16/24 4:30:00 PM ET
$AVK
Trusts Except Educational Religious and Charitable
Finance
Advent Convertible and Income Fund (NYSE: AVK) Announces Terms of Rights Offering and Declares October Distribution
NEW YORK, Sept. 10, 2024 (GLOBE NEWSWIRE) -- The board of trustees (the "Board") of Advent Convertible and Income Fund (NYSE:AVK) (the "Fund") has approved the terms of the issuance of transferable rights ("Rights") to the holders of the Fund's common shares (the "Common Shareholders") of beneficial interest, par value $0.001 per share ("Common Shares"), as of the record date, entitling the holders of those Rights to subscribe for Common Shares (the "Offer"). The Board, based on the recommendations and presentations of the Fund's investment adviser, Advent Capital Management, LLC ("Advent" or the "Adviser"), and others, has determined that it is in the best interests of the Fund and the Co
9/10/24 4:30:00 PM ET
$AVK
Trusts Except Educational Religious and Charitable
Finance
Advent Convertible and Income Fund Announces Appointment of Nancy Stuebe as New Independent Trustee
NEW YORK, Dec. 09, 2020 (GLOBE NEWSWIRE) -- Advent Convertible and Income Fund (NYSE: AVK) announced today that, effective December 3, 2020, Nancy Stuebe has been appointed to serve as an Independent Trustee of the Fund. “We at Advent are thrilled to have Nancy joining the Fund as an Independent Trustee,” said Tracy V. Maitland, Chairperson of the Board of Trustees of the Fund and President and Chief Investment Officer of Advent Capital Management, LLC, the Fund’s investment adviser. “Nancy’s experience in portfolio management, accounting and financial analysis, and investor relations positions her well to be an excellent asset to further bolster the Fund’s governance considerations, and
12/9/20 4:15:00 PM ET
$AVK
Trusts Except Educational Religious and Charitable
Finance

Advent Convertible and Income Fund Financials

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Guggenheim Investments Announces October 2024 Closed-End Fund Distributions
NEW YORK, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Guggenheim Investments today announced that certain closed-end funds have declared their distributions*. The table below summarizes the distribution schedule for each closed-end fund (collectively, the "Funds" and each, a "Fund"). The following dates apply to the distributions: Record DateOctober 15, 2024 Ex-Dividend DateOctober 15, 2024 Payable DateOctober 31, 2024 Distribution ScheduleNYSE TickerClosed-End Fund NameDistribution Per ShareChange from Previous DistributionFrequencyGBABGuggenheim Taxable Municipal Bond & Investment Grade Debt Trust$0.12573† MonthlyGOFGuggenheim Strategic Opportunities Fund$0.1821† MonthlyGUGGuggenheim Active
10/1/24 4:30:00 PM ET
$AVK
Trusts Except Educational Religious and Charitable
Finance
Advent Convertible and Income Fund (NYSE: AVK) Announces Updated Dates for October Distribution
NEW YORK, Sept. 16, 2024 (GLOBE NEWSWIRE) -- Advent Convertible and Income Fund (NYSE:AVK) (the "Fund") announced updated record and ex-dividend dates for its October Distribution. As previously announced, on September 10, 2024, the Fund declared its regular monthly distribution for October in an amount of $0.1172 per share. The following dates apply to the previously declared October distribution: Record Date:October 2, 2024 Ex-Dividend Date:October 2, 2024 Payable Date: October 31, 2024 A portion of this distribution is estimated to be a return of capital rather than income. Final determination of the character of distributions will be made at year-end. The Section 19(a) notice refer
9/16/24 4:30:00 PM ET
$AVK
Trusts Except Educational Religious and Charitable
Finance
Advent Convertible and Income Fund (NYSE: AVK) Announces Terms of Rights Offering and Declares October Distribution
NEW YORK, Sept. 10, 2024 (GLOBE NEWSWIRE) -- The board of trustees (the "Board") of Advent Convertible and Income Fund (NYSE:AVK) (the "Fund") has approved the terms of the issuance of transferable rights ("Rights") to the holders of the Fund's common shares (the "Common Shareholders") of beneficial interest, par value $0.001 per share ("Common Shares"), as of the record date, entitling the holders of those Rights to subscribe for Common Shares (the "Offer"). The Board, based on the recommendations and presentations of the Fund's investment adviser, Advent Capital Management, LLC ("Advent" or the "Adviser"), and others, has determined that it is in the best interests of the Fund and the Co
9/10/24 4:30:00 PM ET
$AVK
Trusts Except Educational Religious and Charitable
Finance

Advent Convertible and Income Fund

Recent Analyst Ratings for Advent Convertible and Income Fund

Advent Convertible and Income Fund

Recent Analyst Ratings for Advent Convertible and Income Fund

Advent Convertible and Income Fund Press Releases

Fastest customizable press release news feed in the world

Advent Convertible and Income Fund (NYSE: AVK) Announces Final Results of Rights Offering

Advent Convertible and Income Fund (NYSE: AVK) Announces Preliminary Results of Rights Offering

Guggenheim Investments Announces October 2024 Closed-End Fund Distributions

Advent Convertible and Income Fund (NYSE: AVK) Announces Updated Dates for October Distribution

Advent Convertible and Income Fund (NYSE: AVK) Announces Terms of Rights Offering and Declares October Distribution

Advent Convertible and Income Fund Announces Appointment of Nancy Stuebe as New Independent Trustee

Advent Convertible and Income Fund Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

TRUSTEE Stuebe Nancy E. bought $6,142 worth of shares (500 units at $12.28), increasing direct ownership by 8% to 7,093 units (SEC Form 4)

TRUSTEE Seizert Gerald L bought $13,841 worth of shares (1,227 units at $11.28), decreasing direct ownership by 40% to 4,024 units (SEC Form 4)

TRUSTEE Stuebe Nancy E. bought $17,777 worth of shares (1,576 units at $11.28), increasing direct ownership by 33% to 6,353 units (SEC Form 4)

Trustee Nyberg Ronald bought $41,409 worth of shares (3,671 units at $11.28), increasing direct ownership by 33% to 14,657 units (SEC Form 4)

CHAIRMAN, PRESIDENT & CEO Maitland Tracy V bought $148,659 worth of shares (13,179 units at $11.28), decreasing direct ownership by 79% to 7,268 units (SEC Form 4)

TRUSTEE Barnes Randall C bought $42,695 worth of shares (3,785 units at $11.28), increasing direct ownership by 33% to 15,140 units (SEC Form 4)

Trustee Black Daniel bought $11,280 worth of shares (1,000 units at $11.28), increasing direct ownership by 5% to 21,999 units (SEC Form 4)

V.P. & Assistant Secretary Huang Tony bought $25,944 worth of shares (2,300 units at $11.28), increasing direct ownership by 32% to 9,400 units (SEC Form 4)

Stuebe Nancy E. bought $5,855 worth of shares (500 units at $11.71), increasing direct ownership by 12% to 4,552 units (SEC Form 4)

Stuebe Nancy E. bought $4,745 worth of shares (400 units at $11.86), increasing direct ownership by 11% to 3,933 units (SEC Form 4)

Advent Convertible and Income Fund SEC Filings

SEC Form N-CEN filed by Advent Convertible and Income Fund

SEC Form SCHEDULE 13G filed by Advent Convertible and Income Fund

SEC Form N-CSR filed by Advent Convertible and Income Fund

Advent Convertible and Income Fund filed SEC Form 8-K: Entry into a Material Definitive Agreement, Other Events, Financial Statements and Exhibits

Advent Convertible and Income Fund filed SEC Form 8-K: Regulation FD Disclosure, Financial Statements and Exhibits

SEC Form EFFECT filed by Advent Convertible and Income Fund

Amendment: SEC Form N-2/A filed by Advent Convertible and Income Fund

SEC Form N-PX filed by Advent Convertible and Income Fund

SEC Form DEF 14A filed by Advent Convertible and Income Fund

SEC Form N-2 filed by Advent Convertible and Income Fund

Advent Convertible and Income Fund Leadership Updates

Live Leadership Updates

Advent Convertible and Income Fund Announces Appointment of Nancy Stuebe as New Independent Trustee

Advent Convertible and Income Fund Financials

Live finance-specific insights

Guggenheim Investments Announces October 2024 Closed-End Fund Distributions

Advent Convertible and Income Fund (NYSE: AVK) Announces Updated Dates for October Distribution

Advent Convertible and Income Fund (NYSE: AVK) Announces Terms of Rights Offering and Declares October Distribution

Advent Convertible and Income Fund Large Ownership Changes

This live feed shows all institutional transactions in real time.

SEC Form SC 13G filed by Advent Convertible and Income Fund

SEC Form SC 13G/A filed by Advent Convertible and Income Fund (Amendment)

SEC Form SC 13G/A filed by Advent Convertible and Income Fund (Amendment)

SEC Form SC 13G/A filed by Advent Convertible and Income Fund (Amendment)

SEC Form SC 13G filed by Advent Convertible and Income Fund

Advent Convertible and Income Fund Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

TRUSTEE Stuebe Nancy E. bought $6,142 worth of shares (500 units at $12.28), increasing direct ownership by 8% to 7,093 units (SEC Form 4)

TRUSTEE Seizert Gerald L bought $13,841 worth of shares (1,227 units at $11.28), decreasing direct ownership by 40% to 4,024 units (SEC Form 4)

TRUSTEE Stuebe Nancy E. bought $17,777 worth of shares (1,576 units at $11.28), increasing direct ownership by 33% to 6,353 units (SEC Form 4)

Trustee Nyberg Ronald bought $41,409 worth of shares (3,671 units at $11.28), increasing direct ownership by 33% to 14,657 units (SEC Form 4)

CHAIRMAN, PRESIDENT & CEO Maitland Tracy V bought $148,659 worth of shares (13,179 units at $11.28), decreasing direct ownership by 79% to 7,268 units (SEC Form 4)

TRUSTEE Barnes Randall C bought $42,695 worth of shares (3,785 units at $11.28), increasing direct ownership by 33% to 15,140 units (SEC Form 4)

Trustee Black Daniel bought $11,280 worth of shares (1,000 units at $11.28), increasing direct ownership by 5% to 21,999 units (SEC Form 4)

V.P. & Assistant Secretary Huang Tony bought $25,944 worth of shares (2,300 units at $11.28), increasing direct ownership by 32% to 9,400 units (SEC Form 4)

Stuebe Nancy E. bought $5,855 worth of shares (500 units at $11.71), increasing direct ownership by 12% to 4,552 units (SEC Form 4)

Stuebe Nancy E. bought $4,745 worth of shares (400 units at $11.86), increasing direct ownership by 11% to 3,933 units (SEC Form 4)