Advent Convertible and Income Fund (AVK) to Issue Monthly Dividend of $0.12 on November 28th

Advent Convertible and Income Fund (NYSE:AVK) announced a monthly dividend on Monday, November 3rd. Investors of record on Friday, November 14th will be given a dividend of 0.1172 per share by the investment management company on Friday, November 28th. This represents a c) annualized dividend and a yield of 11.0%. The ex-dividend date is Friday, November 14th.

Advent Convertible and Income Fund Stock Performance

Advent Convertible and Income Fund stock opened at $12.81 on Wednesday. Advent Convertible and Income Fund has a 1 year low of $9.75 and a 1 year high of $13.10. The firm’s 50 day moving average price is $12.75 and its two-hundred day moving average price is $12.24.

About Advent Convertible and Income Fund

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.