Advent Convertible & Income Fund: insider trades · United States · SEC (Form 4)

About Advent Convertible & Income Fund

Advent Convertible & Income Fund (ticker: AVK) is a U.S.-listed closed-end fund traded on the NYSE, aimed at investors seeking current income and exposure to the convertible-securities market. The fund is organized as a registered investment company in the United States, with its principal executive offices in New York at 888 Seventh Ave, 31st Floor, New York, NY 10019. Its fiscal year ends on October 31, and its SEC filings show an ongoing, fully reporting presence in U.S. capital markets. ([sec.gov](https://www.sec.gov/Archives/edgar/data/0001219120/000182126825000277/gug89394avk.htm?utm_source=openai)) AVK’s business model is centered on convertible securities and income-oriented portfolio management. The fund’s published materials describe an investment discipline built around capital structure research, combining equity fundamentals with credit research and a focus on cash flow and asset values. In practical terms, AVK is not an operating company but an investment vehicle designed to pursue total return through a mix of convertible instruments and other income-producing securities, depending on market conditions. For investors, this creates a hybrid profile: the potential income characteristics of a fixed-income product, with embedded upside participation linked to the equity component of convertibles. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1219120/000182126824000313/avk88205.htm?utm_source=openai)) From a historical standpoint, AVK traces back to the Advent/Claymore closed-end fund complex. SEC filings show the fund as a surviving vehicle in a merger involving related closed-end funds, which helps explain its long-standing presence and institutional-style governance. This legacy is important because it positions AVK as part of an established U.S. closed-end fund platform rather than as a newly launched product. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1219120/000117911018010956/xslF345X03/edgar.xml?utm_source=openai)) Competitively, AVK operates in a specialized corner of the U.S. fund market: convertible-income closed-end funds. Its differentiation comes from portfolio construction, security selection, and the ability to deliver regular distributions to shareholders, rather than from operating products or services. For a French-speaking audience, it is best understood as an income-focused listed fund with a niche mandate, competing on yield, management expertise, and risk-adjusted total return against other convertible and multi-asset income funds. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1219120/000182126824000313/avk88205.htm?utm_source=openai)) Recent developments remain consistent with a mature, actively administered fund structure. In 2025, the fund filed standard shareholder-reporting documents, held its annual meeting in September 2025, and entered into a Fund Administration and Accounting Agreement with BNY on December 15, 2025. These filings point to stable ongoing operations, routine governance, and continued SEC reporting rather than transformative corporate events. ([sec.gov](https://www.sec.gov/Archives/edgar/data/0001219120/000182126825000191/gug89127avk.htm?utm_source=openai))