Advent Convertible and Income Fund Stock Forecast, Price & News

Advent Convertible and Income Fund's stock was trading at $12.93 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, AVK stock has increased by 22.7% and is now trading at $15.86.
View which stocks have been most impacted by COVID-19.

Wall Street analysts have given Advent Convertible and Income Fund a "N/A" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Advent Convertible and Income Fund wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Advent Convertible and Income Fund announced a monthly dividend on Monday, November 2nd. Shareholders of record on Friday, November 13th will be paid a dividend of $0.117 per share on Monday, November 30th. This represents a $1.40 dividend on an annualized basis and a yield of 8.85%. The ex-dividend date is Thursday, November 12th.
View Advent Convertible and Income Fund's dividend history.

Advent Convertible and Income Fund saw a decrease in short interest during the month of October. As of October 30th, there was short interest totaling 18,500 shares, a decrease of 21.6% from the October 15th total of 23,600 shares. Based on an average daily volume of 121,200 shares, the short-interest ratio is currently 0.2 days.
View Advent Convertible and Income Fund's Short Interest.

Some companies that are related to Advent Convertible and Income Fund include (BTT.AX) (BTT), (CDI.L) (CDI), (DP3D.L) (DP3D), (TBGR.L) (TBGR), (TRE.L) (TRE), (WDE.AX) (WDE), 360 Capital Digital Infrastructure Fund (TDI.AX) (TDI), 3i Group (TGOPF), 3i Group (TGOPY), 6625 (EIA), 8IP Emerging Companies Limited (8EC.AX) (8EC), Aberdeen Australia Equity Fund (IAF), Aberdeen Global Premier Properties Fund (AWP), Absolute Equity Performance Fund Limited (AEG.AX) (AEG) and Ackermans & Van Haaren NV (ACKB.BR) (ACKB).
View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Advent Convertible and Income Fund investors own include AGNC Investment (AGNC), Energy Transfer (ET), Gilead Sciences (GILD), AT&T (T), AbbVie (ABBV), ARMOUR Residential REIT (ARR), Canopy Growth (CGC), Enbridge (ENB), General Electric (GE) and Altria Group (MO).

Advent Convertible and Income Fund trades on the New York Stock Exchange (NYSE) under the ticker symbol "AVK."

Advent Convertible and Income Fund's stock is owned by a variety of retail and institutional investors. Top institutional investors include Raymond James & Associates (0.00%), Advisors Asset Management Inc. (0.00%), Guggenheim Capital LLC (0.00%), Morgan Stanley (0.00%), Wells Fargo & Company MN (0.00%) and Rivernorth Capital Management LLC (0.00%). Company insiders that own Advent Convertible and Income Fund stock include Advent Capital Management /De/, Gerald L Seizert, Michael A Smart and Tracy V Maitland.
View institutional ownership trends for Advent Convertible and Income Fund.

AVK stock was sold by a variety of institutional investors in the last quarter, including Raymond James & Associates, Advisors Asset Management Inc., Wells Fargo & Company MN, Morgan Stanley, Windsor Capital Management LLC, Rivernorth Capital Management LLC, First Trust Advisors LP, and Cambridge Investment Research Advisors Inc..
View insider buying and selling activity for Advent Convertible and Income Fund.

AVK stock was purchased by a variety of institutional investors in the last quarter, including Kathmere Capital Management LLC, 6 Meridian, Guggenheim Capital LLC, Avantax Advisory Services Inc., Raymond James Financial Services Advisors Inc., CNH Partners LLC, LPL Financial LLC, and Kestra Advisory Services LLC. Company insiders that have bought Advent Convertible and Income Fund stock in the last two years include Advent Capital Management /De/, Michael A Smart, and Tracy V Maitland.
View insider buying and selling activity for Advent Convertible and Income Fund.

Shares of AVK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of AVK stock can currently be purchased for approximately $15.86.

The official website for Advent Convertible and Income Fund is www.guggenheiminvestments.com.

Advent Convertible and Income Fund's mailing address is 227 W Monroe St, CHICAGO, IL 60606-5055, United States. The investment management company can be reached via phone at +1-312-8270100.