Advent Convertible and Income Fund (AVK)

• Market cap: $363M
• 1 day: -6.09%
• 5 days: -9.10%
• 1 month: -11.92%
• 3 months: -12.07%
• 6 months: -8.94%
• Year to date: -10.65%
• 1 year: -10.95%
• 5 years: 1.45%
• 10 years: -39.50%
• Sector: Financials
• Industry: Asset Management

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 Q4 regulatory disclosures by fund managers ($100M+ AUM)

4,150% more capital invested

Capital invested by funds: $116M [Q3] → $4.94B (+$4.83B) [Q4]

42% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 12

20% more repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 25

13.72% more ownership

Funds ownership: 30.66% [Q3] → 44.37% (+13.72%) [Q4]

0% more funds holding

Funds holding: 90 [Q3] → 90 (+0) [Q4]