AVK:NYSEAdvent Convertible and Income Fund Analysis
Data as of 2026-08-08 - not real-time
$12.75
Latest Price
6/10Risk
Risk Level: Medium
Executive Summary
Advent Convertible and Income Fund is priced at $12.75, and its moving averages give no clean directional read — the structure is neutral. RSI sits at 54.4, which reads as neutral, and MACD momentum is bullish. Price has been bracketed by support at $11.89 and resistance at $13.05.
The composite risk read is 6/10, putting it in elevated territory. With 30-day volatility of 18.1%, a beta of 0.86 and a maximum drawdown of 16.8%, position sizing matters here. The wider market backdrop reads extreme greed at 95 on the fear-greed composite.
The horizons diverge: buy near-term but hold on a long view, at 3/10 conviction over the longer horizon.
The composite risk read is 6/10, putting it in elevated territory. With 30-day volatility of 18.1%, a beta of 0.86 and a maximum drawdown of 16.8%, position sizing matters here. The wider market backdrop reads extreme greed at 95 on the fear-greed composite.
The horizons diverge: buy near-term but hold on a long view, at 3/10 conviction over the longer horizon.
Top Market Events
NEW YORK, Aug. 03, 2026 GLOBE NEWSWIRE -- Guggenheim Investments today announced that certain closed-end funds have...NEW YORK, July 01, 2026 GLOBE NEWSWIRE -- Guggenheim Investments today announced that certain closed-end funds have...
Market Outlook
Short Term
< 1 yearPositive
Model confidence: 4/10
Key Factors
- Trading above the 200-day average of 12.54
- MACD momentum is positive
- RSI at 54.4 is in neutral territory
Medium Term
1–3 yearsNeutral
Model confidence: 4/10
Key Factors
- Trading above the 200-day average of 12.54
- MACD momentum is positive
- 30-day volatility of 18.1%
Long Term
> 3 yearsNeutral
Model confidence: 3/10
Key Factors
- 30-day volatility of 18.1%
- Beta of 0.86 versus the benchmark
- Trading above the 200-day average of 12.54
Key Metrics & Analysis
Closed-End Fund Metrics
Market Price12.75
Discount/Premium0.00%
Discount TrendStable
Technical Analysis
TrendNeutral
RSI54.4
Support$11.89
Resistance$13.05
MA 20$12.56
MA 50$12.77
MA 200$12.54
MACDBullish
VolumeStable
Fear & Greed Index94.82
Risk Assessment
Beta0.86
Volatility18.11%
Sector RiskMedium
Currency RiskLow
Liquidity RiskMedium
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CLOSED_END_FUNDThis analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.