Advent Convertible and Income Fund (AVK) Stock Price, News & Analysis

Company Overview

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. and non-U.S. companies. In addition to convertibles, the portfolio may include non-convertible corporate debt, dividend-paying common stocks and other income-oriented instruments. By employing active security selection and flexible asset allocation, the Fund aims to exploit mispricings across interest rate and equity markets while balancing risk and return.

To enhance yield, the Fund utilizes leverage and, where appropriate, derivative instruments, all within a risk-controlled framework. Income is distributed to shareholders on a monthly basis, making AVK a potential choice for investors seeking regular cash flow. The Fund serves a broad range of U.S. individual and institutional investors by delivering exposure to a diversified mix of income-producing assets.

Key Stats

• Today's Range: $12.75 to $13.04
• 50-Day Range: $12.22 to $13.00
• 52-Week Range: $9.75 to $13.10
• Volume: 142,829 shs
• Average Volume: 152,643 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: 10.86%
• Price Target: N/A
• Consensus Rating: N/A

AVK Stock Analysis - Frequently Asked Questions

How have AVK shares performed this year?

Advent Convertible and Income Fund's stock was trading at $11.77 on January 1st, 2025. Since then, AVK stock has increased by 9.5% and is now trading at $12.89.

Who are Advent Convertible and Income Fund's major shareholders?

Advent Convertible and Income Fund's top institutional shareholders include Cyndeo Wealth Partners LLC and Private Trust Co. NA. Insiders that own company stock include Tracy V Maitland, Randall C Barnes, Tony Huang, Nancy E Stuebe and Advent Capital Management /De/.
View institutional ownership trends.

How do I buy shares of Advent Convertible and Income Fund?

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

What other stocks do shareholders of Advent Convertible and Income Fund own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Advent Convertible and Income Fund investors own include AGNC Investment (AGNC), DoubleLine Income Solutions Fund (DSL), Energy Transfer (ET), PIMCO Dynamic Income Fund (PDI), Rithm Capital (RITM), Eaton Vance Tax-Managed Buy-Write Opportunities Fund (ETV) and Pimco Dynamic Income Opportunities Fund (PDO).

Company Calendar

• Record date for 9/30 Dividend: 9/15/2025
• Ex-Dividend for 9/30 Dividend: 9/15/2025
• Dividend Payable: 9/30/2025
• Today: 10/15/2025
• Record date for 10/31 Dividend: 10/15/2025
• Ex-Dividend for 10/31 Dividend: 10/15/2025
• Dividend Payable: 10/31/2025
• Next Earnings (Estimated): 12/29/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Financial Services
• Industry: Asset Management
• Sub-Industry: Financial Services
• Current Symbol: NYSE:AVK
• CIK: 1219120
• Web: www.guggenheiminvestments.com
• Phone: (212) 482-1600
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $51.89 million
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A