AVK: Leverage Needs To Be Reduced To Increase Appeal [Seeking Alpha]
Advent Convertible and Income Fund (AVK)
US:NYSE Investor Relations:
guggenheiminvestments.com/cef/fund/avk
Company Research
Source: Seeking Alpha
Despite strong income and recovery, I remain concerned about dividend sustainability and aggressive leverage, especially in a high-interest rate environment. AVK trades near the high end of its historical NAV discount range, making the current entry less attractive for new investors. I maintain a hold rating, awaiting improved net investment income and NAV growth before considering a more bullish stance. PM Images Overview Advent Convertible & Income Fund ( NYSE: AVK ) aims to provide investors with attractive returns through its portfolio of convertible and high-yield securities. A fund like AVK can be great for investors who want to collect a steady This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other th
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AVK
Sec Filings
- 12/18/25 - Form 8-K
- 9/26/25 - Form NPORT-P
- AVK's page on the SEC website