Advent Convertible and Income Fund Announces Monthly Distribution for August 2020, Payable on August 31, 2020
August 04, 2020 at 08:24 pm EDT
Share
Advent Convertible and Income Fund announced a monthly distribution of $0.1172 for August 2020. Record Date is August 14, 2020. Ex-Dividend Date is August 13, 2020 and Payable Date August 31, 2020.
Advent Convertible and Income Fund (the Fund) is a diversified closed-end management investment company. The Fundâs investment objective is to provide total return through a combination of capital appreciation and current income. The Fund will invest at least 80% of its managed assets in a diversified portfolio of convertible securities and non-convertible income securities. The Fund will invest at least 30% of its managed assets in convertible securities and up to 70% of its managed assets in non-convertible income securities. The Fund may invest without limitation in securities of foreign issuers. Fund invests in various sectors, such as technology, financial, communications, energy, basic materials and other. The investment advisor of the Fund is Advent Capital Management, LLC.
ADVENT CONVERTIBLE AND INCOME FUND 
