DIVIDEND ANNOUNCEMENT: Advent Convertible & Income Fund (NYSE:AVK) on 08/03/2020 declared a dividend of $0.1172 per share

Advent Convertible & Income Fund (NYSE:AVK) on 08/03/2020 declared a dividend of $ 0.1172 per share payable on August 31, 2020 to shareholders of record as of August 14, 2020.

Advent Convertible & Income Fund (NYSE:AVK) has paid dividends since 2003, has a current dividend yield of 10.1365919113% and has increased its dividends for 3 successive years.

Advent Convertible & Income Fund's market cap is $ 289,328,000 and has a PE ratio of 29.60. The stock price closed yesterday at $ 13.91 and has a 52 week low/high of $ 7.61 and $ 16.18.

Advent Convertible and Income Fund is a 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 pursues its investment objective by investing at least 80% of its managed assets in a portfolio of convertible securities and non-convertible income producing securities. Under normal market conditions, the Fund must invest at least 30% of its managed assets in convertible securities and may invest up to 70% of its managed assets in nonconvertible income securities. The Fund may invest without limitation in foreign securities.

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