The Advent Convertible and Income Fund (AVK) delivers a 12.10% yield mainly through convertible bonds, which provide better inflation protection compared to traditional bond funds. Its portfolio is 60.58% allocated to inflation-resistant assets, with convertible bonds as the largest portion, though it still holds significant junk bond exposure. Despite recent bond market volatility and underperformance relative to pure convertible bond indexes, AVK's distributions are fully covered by net investment income and realized gains. Currently trading at a 12.83% discount to its net asset value, below its five-year average, AVK presents an attractive opportunity for income-focused investors seeking inflation protection.
The Advent Convertible and Income Fund (AVK) is the subject, with Pluang market data as context. As of Sep 29, 2026 16:02 WIB, out of 150 priced US stocks tradable on Pluang, 66 rose and 78 fell. Notable movers include KGC at USD 24.40 with a 1-day change of +1.20%, PINS at USD 18.64 with a 1-day change of +1.19%, and GILD at USD 150.41 with a 1-day change of -1.18%.
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