Advent Convertible and Income Fund (AVK) To Go Ex-Dividend on February 14th

Advent Convertible and Income Fund (NYSE:AVK) announced a monthly dividend on Monday, February 3rd,Wall Street Journal reports. Shareholders of record on Friday, February 14th will be given a dividend of 0.1172 per share by the investment management company on Friday, February 28th. This represents a $1.41 annualized dividend and a yield of 11.48%. The ex-dividend date of this dividend is Friday, February 14th.

Advent Convertible and Income Fund Trading Down 0.1 %

NYSE AVK opened at $12.26 on Wednesday. The stock has a 50-day simple moving average of $12.07 and a two-hundred day simple moving average of $12.02. Advent Convertible and Income Fund has a fifty-two week low of $11.06 and a fifty-two week high of $12.97.

Advent Convertible and Income Fund Company Profile

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.