AVK: Leverage Needs To Be Reduced To Increase Appeal

Group 1 - Advent Convertible & Income Fund (NYSE: AVK) aims to provide attractive returns through a portfolio of convertible and high-yield securities, making it suitable for investors seeking steady income [1] - The fund is positioned as a hybrid investment strategy that combines classic dividend growth stocks with Business Development Companies, REITs, and Closed End Funds to enhance investment income while achieving total returns comparable to traditional index funds [1] - The investment approach emphasizes a balance between growth and income, targeting a total return that aligns with the performance of the S&P [1]