Advent Convertible and Income Fund (AVK)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

The chart shows the growth of an initial investment of $10,000 in Advent Convertible and Income Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Advent Convertible and Income Fund (AVK) has returned -8.46% so far this year and 8.54% over the past 12 months. Over the last ten years, AVK has returned 9.75% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Apr 30, 2003, AVK's average daily return is +0.03%, while the average monthly return is +0.70%. At this rate, your investment would double in approximately 8.3 years.

Historically, 62% of months were positive and 38% were negative. The best month was Nov 2020 with a return of +17.8%, while the worst month was Mar 2020 at -25.8%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 6 months.

On a daily basis, AVK closed higher 53% of trading days. The best single day was Mar 19, 2020 with a return of +20.7%, while the worst single day was Mar 18, 2020 at -23.7%.

Advent Convertible and Income Fund has an annualized alpha of 0.96%, beta of 0.75, and R² of 0.39 versus S&P 500 Index. Calculated based on daily prices since May 01, 2003.

• This fund participated in 120.55% of S&P 500 Index downside but only 109.01% of its upside — more exposed to losses than it benefited from rallies.
• R² of 0.39 means the benchmark explains less than half of this fund's behavior — treat beta with caution or consider switching to a more representative benchmark.

AVK has an expense ratio of 0.75%, placing it in the medium range.

AVK ranks 18 for risk / return — in the bottom 18% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

The table below present risk-adjusted performance metrics for Advent Convertible and Income Fund (AVK) and compare them to a chosen benchmark (S&P 500 Index).

Advent Convertible and Income Fund provided a 12.60% dividend yield over the last twelve months, with an annual payout of $1.41 per share. The fund has been increasing its distributions for 3 consecutive years.

The table displays the monthly dividend distributions for Advent Convertible and Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Advent Convertible and Income Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Advent Convertible and Income Fund was 67.49%, occurring on Dec 15, 2008. Recovery took 553 trading sessions.

The current Advent Convertible and Income Fund drawdown is 11.55%.

The chart below shows the rolling one-month volatility.