Advent Convertible and Income FundAVK
About: Advent Convertible & Income 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 invests in various sectors, such as communications, utilities, energy, industrial, technology, and others.
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
36% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 22
1% more funds holding
Funds holding: 86 [Q1] → 87 (+1) [Q2]
8% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 12
6.43% less ownership
Funds ownership: 35.19% [Q1] → 28.76% (-6.43%) [Q2]
18% less capital invested
Capital invested by funds: $145M [Q1] → $119M (-$26.7M) [Q2]
Research analyst outlook
We haven’t received any recent analyst ratings for AVK.
Financial journalist opinion
Based on 4 articles about AVK published over the past 30 days