DIVIDEND ANNOUNCEMENT: Advent Convertible & Income Fund (NYSE:AVK) on 05/02/2022 declared a dividend of $0.1172 per share

Advent Convertible & Income Fund (NYSE:AVK) on 05/02/2022 declared a dividend of $ 0.1172 per share payable on May 31, 2022 to shareholders of record as of May 13, 2022.

Advent Convertible & Income Fund (NYSE:AVK) has paid dividends since 2003, has a current dividend yield of 9.7916669846% and has increased its dividends for 1 successive years.

Advent Convertible & Income Fund's market cap is $ 299,520,000 and has a PE ratio of 55.38. The stock price closed yesterday at $ 14.40 and has a 52 week low/high of $ 14.04 and $ 19.91.

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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