Director Stuebe Nancy E. buys 600 shares of AVK at $11.21; pre-transaction 7,305 shares, post 7,905 shares (+8.2%). Prior 3 of 4 AVK buys well-timed at 90-day mark.
Stuebe purchased 600 shares at $11.21 on 2025-05-01, increasing her holdings by 8.2% to 7,905 shares. This buy occurs in the context of a strong track record at the same ticker: 3 of her 4 prior AVK purchases (2024-10-17, 2024-05-02, 2023-11-08) were followed by positive 90-day returns ranging from +6.8% to +15.1%. Her cross-ticker track record shows a 71.43% 90-day win rate across 8 open-market buys. The current price of $11.18 is -13.0% from the 52-week high and -2.4% over 30 days, positioning this purchase near recent lows within the 52-week range of $10.01–$12.85. Stuebe's consistent repurchasing pattern at this fund and historical timing accuracy at the same ticker provide observable context for evaluating the purchase's significance.
Director Nancy E. Stuebe buys 500 AVK shares at $12.28, raising holdings to 7,092 shares; 3 of 5 prior AVK buys showed positive 90d returns.
Nancy E. Stuebe, a director, purchased 500 shares of ADVENT CONVERTIBLE & INCOME FUND at $12.28, increasing her position by 7.6% to 7,092 shares. Her prior trading history at AVK shows a selective pattern of well-timed accumulation: 3 of 5 prior buys at this ticker subsequently returned +3.1% to +15.1% over 90 days, though 2 prior buys resulted in negative 90-day returns (-0.4% and -3.6%). The current price of $12.29 is near the transaction price and sits 4.4% below the 52-week high, suggesting a moderately valued entry point within recent historical context. The director's cross-ticker track record shows a 71.43% 90-day win rate across all holdings, indicating consistent but not exceptional timing discipline; this AVK purchase aligns with her pattern of periodic accumulation in the fund.
Director Nancy E. Stuebe bought 1,576 shares of AVK at $11.28; cluster buy pattern with 6 other insiders in past 14 days
Director Nancy E. Stuebe purchased 1,576 shares on 2024-10-17 at $11.28, increasing her holdings by 33.0% to 6,353 shares. This transaction occurs within a broader insider cluster: 6 other insiders bought AVK within the past 14 days, a coordinated buying pattern that typically indicates conviction at the fund level. Stuebe's prior buy history at AVK shows mixed timing: 3 of her 5 prior trades at this ticker were well-timed at the 90-day mark, with her most recent May 2024 purchase returning +1.7% in 30 days and +9.7% in 90 days. The current price of $11.40 is -11.3% from the 52-week high and has declined 3.5% in the past 30 days, but her historical pattern at this ticker (particularly the May and November 2023 purchases that returned +9.7% and +15.1% respectively over 90 days) suggests she may view price weakness as an entry opportunity consistent with prior successful positions.
