Advent Convertible and Income Fund Announces Supplemental Distribution, Payable on December 31, 2021
December 13, 2021 at 04:30 pm EST
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Advent Convertible and Income Fund announced a supplemental distribution of $1.387385 per share. The distribution is estimated to be characterized entirely as long-term capital gain. A final determination of the tax character of distributions paid by the Fund in 2021 will be reported to shareholders in January 2022 on Form 1099-DIV. Relevant dates pertaining to the supplemental distribution are as follows: Record Date: December 23, 2021; Ex-Dividend Date: December 22, 2021; Payable Date: December 31, 2021.
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 
