Advent Convertible and Income Fund (AVK) To Go Ex-Dividend on September 15th

Advent Convertible and Income Fund (NYSE:AVK) declared a monthly dividend on Tuesday, September 1st. Investors of record on Tuesday, September 15th will be paid a dividend of 0.1172 per share by the investment management company on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 11.5%. The ex-dividend date of this dividend is Tuesday, September 15th.

Advent Convertible and Income Fund Stock Up 0.5%

Shares of Advent Convertible and Income Fund stock opened at $12.21 on Friday. Advent Convertible and Income Fund has a 1-year low of $10.77 and a 1-year high of $13.28. The business’s fifty day moving average price is $12.61 and its two-hundred day moving average price is $12.49.

About Advent Convertible and Income Fund

Advent Convertible and Income Fund (NYSE: AVK) is a diversified, closed-end management investment company that seeks to provide total return through current income and capital appreciation. The Fund is managed by Advent Capital Management, LLC, an SEC-registered investment adviser, and trades on the New York Stock Exchange under the ticker AVK. It offers investors a blend of equity and fixed-income exposures through a single vehicle designed to deliver regular distributions.

The Fund’s core strategy centers on convertible securities—such as convertible bonds and preferred stocks—issued by U.S.