Advent Convertible and Income Fund (AVK) To Go Ex-Dividend on December 15th

Advent Convertible and Income Fund (NYSE:AVK) declared a monthly dividend on Monday, December 1st. Investors of record on Monday, December 15th will be given a dividend of 0.1172 per share by the investment management company on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a yield of 11.2%. The ex-dividend date is Monday, December 15th.

Advent Convertible and Income Fund Trading Down 0.6%

Advent Convertible and Income Fund stock traded down $0.08 during trading hours on Friday, reaching $12.55. 133,586 shares of the stock were exchanged, compared to its average volume of 153,395. Advent Convertible and Income Fund has a twelve month low of $9.75 and a twelve month high of $13.10. The stock has a 50 day moving average of $12.68 and a two-hundred day moving average of $12.39.

About Advent Convertible and Income Fund

Advent Claymore Convertible Securities and Income Fund is a closed-ended fixed income mutual fund launched and managed by Advent Capital Management, LLC. The fund primarily invests in the fixed income markets of the United States. It seeks to invest in securities of companies operating across the diversified sectors.