Post by xray on Dec 14, 2021 21:59:36 GMT
GlobeNewswire
AVK Announces Supplemental Distribution
Guggenheim Investments
Mon, December 13, 2021, 4:30 PM
AVK
+2.56%
NEW YORK, Dec. 13, 2021 (GLOBE NEWSWIRE) -- Advent Convertible and Income Fund (“AVK” or the “Fund”) today announced a supplemental distribution of $1.387385 per share. The distribution is estimated to be characterized entirely as long-term capital gain. A final determination of the tax character of distributions paid by the Fund in 2021 will be reported to shareholders in January 2022 on Form 1099-DIV.
Relevant dates pertaining to the supplemental distribution are as follows:
Record Date: December 23, 2021
Ex-Dividend Date: December 22, 2021
Payable Date: December 31, 2021
About Advent Capital Management
Advent Capital Management, LLC (“Advent”) is a registered investment advisor dedicated to providing its clients with superior investment performance and client service. Advent invests primarily in convertible, high yield and equity securities offered through long only, alternative and NYSE-listed closed-end fund strategies. Since inception in 1995, Advent has grown into an $11 billion globally diversified investment management firm (as of September 30, 2021), and the firm’s growing client base includes some of the most sophisticated public and corporate pension plans, insurance companies, foundations, endowments and high net worth individuals.
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Live Long and Prosper.....
AVK Announces Supplemental Distribution
Guggenheim Investments
Mon, December 13, 2021, 4:30 PM
AVK
+2.56%
NEW YORK, Dec. 13, 2021 (GLOBE NEWSWIRE) -- Advent Convertible and Income Fund (“AVK” or the “Fund”) today announced a supplemental distribution of $1.387385 per share. The distribution is estimated to be characterized entirely as long-term capital gain. A final determination of the tax character of distributions paid by the Fund in 2021 will be reported to shareholders in January 2022 on Form 1099-DIV.
Relevant dates pertaining to the supplemental distribution are as follows:
Record Date: December 23, 2021
Ex-Dividend Date: December 22, 2021
Payable Date: December 31, 2021
About Advent Capital Management
Advent Capital Management, LLC (“Advent”) is a registered investment advisor dedicated to providing its clients with superior investment performance and client service. Advent invests primarily in convertible, high yield and equity securities offered through long only, alternative and NYSE-listed closed-end fund strategies. Since inception in 1995, Advent has grown into an $11 billion globally diversified investment management firm (as of September 30, 2021), and the firm’s growing client base includes some of the most sophisticated public and corporate pension plans, insurance companies, foundations, endowments and high net worth individuals.
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Live Long and Prosper.....