AVK

CHI: More Trouble Covering The Distribution Plus An Enormous Premium

Weekly Report: what happened at AVK last week (0415-0419)?

Weekly Report: what happened at AVK last week (0408-0412)?

NCZ: Good Concept, But This Convertible Fund Does Not Measure Up

The Virtus Convertible & Income Fund II is a closed-end fund that invests in a combination of convertible bonds, common stock, and fixed-income securities. The fund has a 12.59% yield, which is attractive compared to other asset types. However, the fund has significantly underperformed its peers over the past several years. It is a good concept, but the fund's valuation is questionable.

Weekly Report: what happened at AVK last week (0401-0405)?

ECF: Very Attractive Yield And Valuation, But Performance Disappoints

The Ellsworth Growth and Income Fund Ltd offers a high level of income without sacrificing potential upside from common stocks. The ECF closed-end fund's recent performance has been disappointing, with a 41.67% share price decline over the past three years. The fund appears to be fully covering its distribution and trades at a very attractive valuation. ECF: Very Attractive Yield and Valuation, But Performance Disappoints.

Advent Convertible and Income Fund declares $0.1172 dividend

Advent Convertible & Income Fund (AVK) declares $0.1172 dividend April 30. Forward yield 11.8% Payable April 30; for shareholders of record April 15; ex-div April 12. Advent Convertible and Income Fund is a passively managed fund.

GUGGENHEIM INVESTMENTS ANNOUNCES APRIL 2024 CLOSED-END FUND DISTRIBUTIONS