[8-K] ADVENT CONVERTIBLE & INCOME FUND Reports Material Event

Rhea-AI Filing Summary

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.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of report (Date of earliest event reported): December 15, 2025

Advent Convertible and Income Fund

(Exact name of Registrant as Specified in Its Charter)

Delaware		811-21309				11-3683138
(State or other jurisdiction		(Commission File Number)				(I.R.S. Employer
of incorporation)						Identification No.)
888 Seventh Avenue, 31st Floor
New York, NY				10019
(Address of principal executive offices)				(Zip Code)
Registrant’s telephone number, including area code: (212) 482-1600
N/A
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Shares of Beneficial Interest, $0.01 par value		AVK		New York Stock Exchange

Item 1.01. Entry into a Material Definitive Agreement.

Entry into Fund Administration and Accounting Agreement with BNY

On December 15, 2025, Advent Convertible and Income Fund (NYSE: AVK) (the “Fund”) entered into a Fund Administration and Accounting Agreement (the “FAA Agreement”) with The Bank of New York Mellon (“BNY”). Pursuant to the FAA Agreement, BNY performs administrative functions and bookkeeping, accounting and pricing functions for the Fund. For these services, BNY receives a fee, accrued daily and paid monthly, based on average daily net assets of the Fund, subject to a minimum fee per year. The Fund also reimburses BNY for certain out-of-pocket expenses.

The foregoing description of the FAA Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the FAA Agreement, which is filed with this report as Exhibit 1.1 and incorporated herein by reference.

Entry into Custody Agreement with BNY

On December 15, 2025, the Fund entered into a Custody Agreement (the “Custody Agreement”) and Foreign Custody Manager Agreement (“Foreign Custody Agreement”) with BNY amending and replacing the prior agreements with BNY dated May 2, 2003. Pursuant to the Custody Agreement, BNY serves as the Fund’s custodian and holds securities and cash on behalf of the Fund in accordance with the Investment Company Act of 1940, as amended (the “1940 Act”). Pursuant to the Foreign Custody Agreement, BNY provides services as foreign custody manager for the Fund in connection with its services under the Custody Agreement. For its services, BNY receives a monthly fee based upon, among other things, the average daily net assets of the Fund, plus certain charges for securities transactions.

The foregoing description of the Custody Agreement and Foreign Custody Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Custody Agreement and Foreign Custody Agreement, which are filed with this report as Exhibits 1.2 and 1.3, respectively, and incorporated herein by reference.

Item 1.02. Termination of a Material Definitive Agreement.

Termination of Fund Administration and Accounting Agreement with MUFG

On December 15, 2025, in conjunction with entering into the FAA Agreement, the Fund terminated its existing administration and accounting agreement with MUFG Investor Services (US) LLC (“MUFG”) (the “Prior FAA Agreement”), subject to the provision of certain ongoing transition services. Other than ordinary course payments under the Prior FAA Agreement through the effective date of termination, no termination or other fees are payable by the Fund in connection with the termination of the Prior FAA Agreement.

Termination of Prior Custody Agreement and Foreign Custody Agreement with BNY

On December 15, 2025, in conjunction with entering into the Custody Agreement and Foreign Custody Agreement, the Fund terminated its existing custody agreement and foreign custody manager agreement with BNY (collectively, the “Prior Custody Agreements”). Other than ordinary course payments under the Prior Custody Agreements through the effective date of termination, no termination or other fees are payable in connection with the termination of the Prior Custody Agreements.

Item 9.01. Financial Statements and Exhibits.

(d)       Exhibits

1.1 1.2 1.3 Fund Administration and Accounting Agreement between the Fund and The Bank of New York Mellon. Custody Agreement between the Fund and The Bank of New York Mellon Foreign Custody Manager Agreement between the Fund and The Bank of New York Mellon  

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

					ADVENT CONVERTIBLE AND INCOME FUND
Date: December 18, 2025				By:	/s/ Robert White
					Name: Robert White
					Title: Chief Financial Officer

FAQ

What agreements did Advent Convertible and Income Fund (AVK) enter into with BNY?

On December 15, 2025, Advent Convertible and Income Fund entered into a new Fund Administration and Accounting Agreement, a new Custody Agreement, and a Foreign Custody Manager Agreement with The Bank of New York Mellon.

What services will BNY provide to Advent Convertible and Income Fund (AVK) under the new agreements?

BNY will provide administrative, bookkeeping, accounting and pricing functions under the administration agreement, and will act as custodian holding the Fund’s securities and cash as well as serving as foreign custody manager under the custody-related agreements.

How is BNY compensated under the new agreements with Advent Convertible and Income Fund (AVK)?

For administration services, BNY receives 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 out-of-pocket expenses. For custody services, BNY receives a monthly fee based in part on average daily net assets and charges related to securities transactions.

Which prior agreements did Advent Convertible and Income Fund (AVK) terminate on December 15, 2025?

The Fund terminated its prior administration and accounting agreement with MUFG Investor Services (US) LLC and its prior custody agreement and foreign custody manager agreement with BNY that were dated May 2, 2003.

Were any termination or other fees payable when Advent Convertible and Income Fund (AVK) ended its prior service agreements?

No. Other than ordinary course payments under the prior administration and prior custody agreements through their effective termination dates, no termination or other fees are payable in connection with the terminations.

Where can investors find the full text of the new BNY agreements with Advent Convertible and Income Fund (AVK)?

The full text of the Fund Administration and Accounting Agreement, Custody Agreement, and Foreign Custody Manager Agreement is included as exhibits to this report and is incorporated by reference.