Advent Convertible and Income Fund Announces Appointment of Nancy Stuebe as New Independent Trustee
December 09, 2020 at 09:15 pm
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Advent Convertible and Income Fund announced that, effective December 3, 2020, Nancy Stuebe has been appointed to serve as an Independent Trustee of the Fund. Ms. Stuebe serves as Director of Investor Relations at Interactive Brokers Group Inc. Ms. Stuebe has experience as a leader in individual security and portfolio analysis, accounting and financial planning and analysis, and investor relations strategy and corporate communications.
Advent Convertible and Income Fund (the Fund) is a diversified closed-end management investment company. The Fundâs investment objective is to provide total return through a combination of capital appreciation and current income. The Fund will invest at least 80% of its managed assets in a diversified portfolio of convertible securities and non-convertible income securities. The Fund will invest at least 30% of its managed assets in convertible securities and up to 70% of its managed assets in non-convertible income securities. The Fund may invest without limitation in securities of foreign issuers. Fund invests in various sectors, such as technology, financial, communications, energy, basic materials and other. The investment advisor of the Fund is Advent Capital Management, LLC.