Advent Convertible and Income Fund Announces Monthly Dividend of $0.1172

Advent Convertible and Income Fund (AVK) has declared a monthly dividend of $0.1172 per share. The distribution carries a forward yield of approximately 13.09%. The dividend is scheduled to be payable on November 30, with the ex-dividend date and the record date both set for November 13. Despite the consistent payout, the fund's overall performance has recently faced headwinds due to volatility in the junk bond market.

By Urvi Shah, SA News Editor · Seeking Alpha ·

Advent Convertible and Income Fund Announces Monthly Dividend of $0.1172

Tickers: $AVK

Topics: dividends income funds

Read the full article at Seeking Alpha

More World news