Welcome to our dedicated page for Advent Convertible & Income Fund SEC filings (Ticker: AVK), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Advent Convertible and Income Fund filings document the formal disclosure record for a diversified closed-end management investment company whose common shares of beneficial interest trade on the New York Stock Exchange under AVK. The filings identify the fund's registered share class, governance matters, capital-structure items and operational arrangements tied to NAV, accounting and pricing functions.
Material-event reports include agreements with BNY for fund administration, bookkeeping, accounting, pricing and custody services, including fee arrangements based on average daily net assets and reimbursement of certain expenses. AVK's regulatory documents also frame recurring closed-end fund topics such as shareholder voting, distributions, leverage, listing status and service-provider oversight.
Sit Investment Associates, Inc. and Sit Fixed Income Advisors II, LLC filed an Amendment No. 1 to a Schedule 13G registering shared beneficial ownership of 2,133,776 shares of Advent Convertible & Income Fund common stock. The filing states those shares represent 4.8% of the class based on 44,148,745 shares outstanding as of October 31, 2025. The filing explains the holdings are owned by client accounts for which the advisers possess shared voting and dispositive power and disclaim beneficial ownership under Rule 13d-4. Signatures are dated 04/06/2026.
AVK submitted its annual Form N-CEN, a census-style report for registered investment companies. The filing lays out the fund’s organizational and governance framework, including directors, chief compliance officer, and key service providers such as investment advisers, transfer agents, custodians, pricing services, shareholder servicing agents, and administrators.
The report also details trading-related activity. AVK discloses gross brokerage commissions paid to multiple brokers during the period, with aggregate brokerage commissions of 162,770.07999999. It further reports substantial principal transaction volumes with several dealers, each reflecting purchases and sales in the hundreds of millions, highlighting the fund’s active use of dealer-intermediated trading over the reporting period.
Advent Convertible and Income Fund delivered strong results for the year ended October 31, 2025. The fund returned 23.69% based on net asset value (NAV) and 31.07% based on market price, meaning shareholders who bought and sold shares on the exchange saw even higher gains. Over the same period, the Bloomberg U.S. Aggregate Bond Index returned 6.16%, so the fund substantially outperformed a broad bond benchmark.
The share price rose to $12.99 while NAV reached $13.39, narrowing the market discount from 8.09% to 2.99%. The fund paid a steady monthly distribution of $0.1172 per share, totaling $1.4064 for the year, which equated to an annualized distribution rate of 10.83% based on the year‑end market price. About 85% of 2025 distributions were classified as ordinary income and 15% as return of capital.
At period end, net assets were $591 million. The portfolio was heavily invested in convertible bonds and other income securities, with total investments equal to 158.9% of net assets and leverage (through borrowings and reverse repos) around 37%. Management attributes performance to robust equity and convertible markets, selective use of leverage, and sector themes such as AI infrastructure, energy, and specialized credit opportunities.
Advent Convertible and Income Fund reported that on December 15, 2025 it entered a new Fund Administration and Accounting Agreement with The Bank of New York Mellon. Under this agreement, BNY provides administration, bookkeeping, accounting and pricing services and is paid a fee accrued daily and paid monthly based on the Fund’s average daily net assets, subject to a minimum annual fee, plus reimbursement of certain expenses.
On the same date, the Fund also entered a new Custody Agreement and Foreign Custody Manager Agreement with BNY, under which BNY holds the Fund’s securities and cash and provides foreign custody management services for a monthly fee tied in part to average daily net assets and transaction charges. In connection with these new arrangements, the Fund terminated its prior administration agreement with MUFG Investor Services (US) LLC and its prior custody and foreign custody agreements with BNY, with no termination or other fees beyond ordinary course payments.