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Advent Convertible and Income Fund (NYSE:AVK) Shares Pass Below 200-Day Moving Average – Should You Sell?Defense World · Sep 10, 2026Managed by Advent Capital Management, LLC, the Advent Claymore Convertible Securities and Income Fund functions as a closed-ended mutual fund primarily targeting fixed income investments within the United States. It strategically allocates capital to companies operating across a variety of diversified sectors. Approximately 60% of its holdings are dedicated to convertible securities, with the remainder invested in lower-rated non-convertible income instruments.