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AVK

Advent Convertible and Income Fund

Price Chart
Latest Quote

$12.94

+0.03 (+0.23%)
Current Price
Previous Close $12.91
Open $12.95
Day High $12.99
Day Low $12.91
Volume 35,949
Fetched: 2026-06-17T16:28:25
Stock Information
Quarterly Dividend / Yield $1.41 / 10.89%
Shares Outstanding 44.15M
Quarterly Dividend Yield 10.89%
Quarterly Dividend $1.41
Total Debt $350.02M
Revenue $41.48M
Net Income $118.64M
Sector Financial Services
Industry Asset Management
Market Cap $571.28M
P/E Ratio 4.81
EPS (TTM) $2.69
Exchange NYQ
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📊 Comprehensive Analysis
Company Data
Sales$41.48M
Income$118.64M
Book/sh$13.39
Financial Ratios
Quick Ratio0.06
Current Ratio0.07
Debt/Eq59.22
EPS Growth TTM176.10%
Returns & Margins
ROA2.26%
ROE21.08%
Gross Margin100.00%
Operating Margin78.53%
Profit Margin286.02%
Ownership
Institutional Ownership28.33%
Insider & Institutional transactions data not available
Valuation Ratios
Forward P/E-431.33
P/S13.77
P/B0.97
Analyst Data
Recommendationnone
Technical Indicators
SMA20$12.74
SMA50$12.45
SMA200$11.96
RSI49.96
ATR0.1947
Short Float0.09%
Short Ratio0.24
Volatility1.29
Rel Volume0.25
Performance History
Week+3.81%
Month+6.34%
Quarter+10.87%
6 Months+10.88%
YTD+8.77%
Year+22.72%
3 Years+64.86%
5 Years+31.90%
10 Years+183.91%
Stock Score: ⭐ Premium
Based on debt, profitability, growth, and cash flow metrics
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Recent Price History
Date Close Volume
2026-06-17 $12.94 35,949
2026-06-16 $12.91 168,700
2026-06-15 $12.82 101,900
2026-06-12 $12.72 125,000
2026-06-11 $12.60 164,500
2026-06-10 $12.47 98,000
2026-06-09 $12.55 118,200
2026-06-08 $12.57 129,400
2026-06-05 $12.60 162,000
2026-06-04 $12.89 163,300
2026-06-03 $12.88 155,400
2026-06-02 $13.09 163,600
2026-06-01 $13.04 174,900
2026-05-29 $12.95 206,000
2026-05-28 $12.94 192,400
2026-05-27 $12.79 213,100
2026-05-26 $12.75 83,100
2026-05-22 $12.58 159,800
2026-05-21 $12.52 168,900
2026-05-20 $12.25 143,000
2026-05-19 $12.07 241,700
2026-05-18 $12.17 243,900
About Advent Convertible and Income Fund

Advent Convertible 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. The fund invests approximately 60% of its portfolio in convertible securities and rest in lower-grade non-convertible income securities. It employs fundamental analysis to create its portfolio. Advent Convertible and Income Fund was formed on April 29, 2003 and is domiciled in the United States.

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Income Statement (Annual)
Metric 2025-10-31 2024-10-31 2023-10-31 2022-10-31
Revenue
Total Revenue $122,413,544 $110,082,892 $-3,531,300 $-167,330,866
Operating Revenue $122,413,544 $110,082,892 $-3,531,300 $-167,330,866
Expenses
Interest Expense $16,231,596 $17,125,767 $16,839,708 $10,450,737
Operating Expense $3,771,600 $3,581,617 $3,491,240 $3,525,170
Other Operating Expenses $1,824,418 $1,587,576 $1,652,789 $1,855,539
General And Administrative Expense $1,947,182 $1,994,041 $1,838,451 $1,669,631
Income & Earnings
Net Income From Continuing Operation Net Minority Interest $118,641,944 $106,501,275 $-7,022,540 $-170,856,036
Net Interest Income $20,993,116 $18,220,599 $16,747,577 $11,574,723
Interest Income $37,224,712 $35,346,366 $33,587,285 $22,025,460
Normalized Income $118,641,944 $106,501,275 $-7,022,540 $-170,856,036
Net Income From Continuing And Discontinued Operation $118,641,944 $106,501,275 $-7,022,540 $-170,856,036
Net Income Common Stockholders $118,641,944 $106,501,275 $-7,022,540 $-170,856,036
Net Income $118,641,944 $106,501,275 $-7,022,540 $-170,856,036
Net Income Including Noncontrolling Interests $118,641,944 $106,501,275 $-7,022,540 $-170,856,036
Net Income Continuous Operations $118,641,944 $106,501,275 $-7,022,540 $-170,856,036
Pretax Income $118,641,944 $106,501,275 $-7,022,540 $-170,856,036
Per Share
Diluted EPS - $2.72 $-0.19 $-4.86
Basic EPS - $2.72 $-0.19 $-4.86
Other
Tax Effect Of Unusual Items $0 $0 $0 $0
Tax Rate For Calcs $0 $0 $0 $0
Diluted NI Availto Com Stockholders $118,641,944 $106,501,275 $-7,022,540 $-170,856,036
Gain On Sale Of Security $60,580,485 $20,072,998 $-17,640,922 $-20,672,251
Selling General And Administration $1,947,182 $1,994,041 $1,838,451 $1,669,631
Diluted Average Shares - $39,154,881 $37,649,062 $35,159,174
Basic Average Shares - $39,154,881 $37,649,062 $35,159,174
Fetched: 2026-06-15
Balance Sheet (Annual)
Metric 2025-10-31 2024-10-31 2023-10-31 2022-10-31
Assets
Net Tangible Assets $591,021,316 $534,470,167 $373,448,842 $429,124,058
Total Assets $952,786,862 $863,675,347 $733,496,299 $783,343,204
Investmentin Financial Assets $940,703,137 $847,568,483 $713,885,083 $767,546,456
Financial Assets Designatedas Fair Value Through Profitor Loss Total $939,237,120 $846,373,290 $712,969,358 $766,449,574
Receivables $11,697,542 $13,383,298 $18,953,187 $15,603,029
Taxes Receivable $122,439 $95,817 $60,002 $36,976
Cash And Cash Equivalents - $2,518,996 $571,441 $7,367
Cash Financial - $2,518,996 $571,441 $7,367
Cash Cash Equivalents And Federal Funds Sold - $2,518,996 $571,441 $7,367
Debt
Net Debt $350,022,459 $311,504,092 $348,450,814 $349,007,796
Total Debt $350,022,459 $314,023,088 $349,022,255 $349,015,163
Long Term Debt And Capital Lease Obligation $350,022,459 $314,023,088 $349,022,255 $349,015,163
Liabilities
Total Liabilities Net Minority Interest $361,765,546 $329,205,180 $360,047,457 $354,219,146
Derivative Product Liabilities $209,273 $194,600 $41,498 $6,320
Payables $11,377,962 $14,800,505 $10,870,162 $5,073,816
Other Payable $864,952 $1,308,155 $691,810 $762,622
Accounts Payable $10,513,010 $13,492,350 $10,178,352 $4,311,194
Equity
Common Stock Equity $591,021,316 $534,470,167 $373,448,842 $429,124,058
Total Equity Gross Minority Interest $591,021,316 $534,470,167 $373,448,842 $429,124,058
Stockholders Equity $591,021,316 $534,470,167 $373,448,842 $429,124,058
Retained Earnings $57,784,585 - $-100,136,830 $-79,484,101
Other
Ordinary Shares Number $44,148,745 $44,148,745 $35,238,013 $35,238,013
Share Issued $44,148,745 $44,148,745 $35,238,013 $35,238,013
Tangible Book Value $591,021,316 $534,470,167 $373,448,842 $429,124,058
Invested Capital $941,043,775 $848,493,255 $722,471,097 $778,139,221
Total Capitalization $941,043,775 $848,493,255 $722,471,097 $778,139,221
Additional Paid In Capital $533,192,582 $542,401,687 $473,551,078 $508,573,565
Capital Stock $44,149 $44,149 $34,594 $34,594
Common Stock $44,149 $44,149 $34,594 $34,594
Investments And Advances $940,703,137 $847,568,483 $713,885,083 $767,546,456
Fetched: 2026-06-15
Cash Flow Statement (Annual)
Metric 2025-10-31 2024-10-31 2023-10-31 2022-10-31
Free Cash Flow
Free Cash Flow $23,898,431 $-18,023,245 $49,209,658 $69,703,135
Operating Activities
Operating Cash Flow $23,898,431 $-18,023,245 $49,209,658 $69,703,135
Financing Activities
Financing Cash Flow $-26,539,927 $19,969,731 $-48,645,584 $-70,357,193
Net Other Financing Charges $0 $0 $0 $0
Cash Dividends Paid $-62,090,795 $-48,483,957 $-48,652,676 $-95,342,482
Common Stock Dividend Paid $-62,090,795 $-48,483,957 $-48,652,676 $-95,342,482
Issuance Of Capital Stock - $103,623,107 - -
Net Common Stock Issuance - $103,623,107 - -
Common Stock Issuance - $103,623,107 - -
Other
Issuance Of Debt $35,999,371 $25,000,000 $163,000,000 $45,000,000
End Cash Position $-123,569 $2,517,927 $571,441 $7,367
Beginning Cash Position $2,517,927 $571,441 $7,367 $661,425
Changes In Cash $-2,641,496 $1,946,486 $564,074 $-654,058
Net Issuance Payments Of Debt $35,999,371 $-34,999,167 $7,092 $24,985,289
Net Long Term Debt Issuance $35,999,371 $-34,999,167 $7,092 $24,985,289
Long Term Debt Issuance $35,999,371 $25,000,000 $163,000,000 $45,000,000
Change In Working Capital $-1,623,532 $9,005,778 $2,535,647 $3,324,100
Change In Other Current Liabilities $-30,488 $72,376 $-10,305 $3,331
Change In Other Current Assets $-154,991 $-82,167 $122,790 $9,348
Change In Payable $-3,097,187 $3,481,495 $5,796,346 $-17,665,567
Change In Receivables $1,659,134 $5,534,074 $-3,373,184 $20,976,988
Other Non Cash Items $-3,484,816 $-4,339,553 $-5,603,880 $-1,115,051
Gain Loss On Investment Securities $-89,287,586 $-129,136,333 $61,366,469 $244,520,984
Net Income From Continuing Operations $118,641,944 $106,501,275 $-7,022,540 $-170,856,036
Repayment Of Debt - $-59,999,167 $-162,992,908 $-20,014,711
Long Term Debt Payments - $-59,999,167 $-162,992,908 $-20,014,711
Net Foreign Currency Exchange Gain Loss - - - -
Fetched: 2026-06-15