New

Keep tabs on your favorite ETFs with a personalized weekly tracker. Create a Watchlist now →

Advertisement
ETF Central logo
Advertisement
Launches

Advent Capital Launches ACVT: A Defensive Convertible Bond ETF for Modern Fixed Income Portfolios

Advent debuts ACVT, a convertible bond ETF designed for income, growth, and risk management in one flexible solution.

ETF Central
By ETF Central Team · April 30, 2025
Share
ACVT Launch

Advent Capital Management, LLC has launched the Advent Convertible Bond ETF (ACVT) on April 30, 2025, further expanding its $8.5 billion investment platform. Known for its expertise in convertible securities, Advent brings its actively managed, credit-first strategy into the ETF space to meet the evolving needs of fixed income investors. The fund is designed to serve as a flexible, defensive solution, offering income, capital appreciation, and wealth preservation in today’s uncertain market landscape.

“We are excited to bring the Advent Convertible Bond ETF (ACVT) to the market,” said Tracy Maitland, President and Chief Investment Officer of Advent Capital Management. “ACVT offers investors access to Advent’s specialized expertise in convertible securities via a flexible, efficient ETF structure. In today’s dynamic fixed income environment, we believe ACVT provides a compelling solution for those seeking income, growth potential, and risk management, all in one powerful package.”

ETF Central Weekly Newsletter

Like what you're reading?

Stay in the loop — get the latest ETF insights: trends, analysis, and expert picks.

After signing up, you will receive occasional emails from ETF Central and its partners. See our Terms of use.

How This ETF Works

The Advent Convertible Bond ETF (ACVT) is an actively managed fund that invests primarily in low-delta convertible bonds, meaning the portfolio is less sensitive to short-term equity market fluctuations. ACVT takes a bottom-up, credit-first approach, prioritizing capital preservation and stable income generation. By focusing on convertibles that display positive asymmetry, the strategy seeks to capture upside potential while limiting downside exposure.

ACVT blends fundamental credit analysis with Advent’s deep convertible market insight, targeting companies with mispriced valuations and strong recovery potential. This positions the fund as a lower-volatility alternative to traditional equity allocations while still offering participation in market growth.

Why Investors Should Consider This ETF

ACVT is built for investors seeking a modern fixed income alternative that delivers on three key fronts: income, growth, and defense. It provides exposure to convertible securities that have low correlation with both traditional bonds and equities, offering genuine portfolio diversification.

The fund’s active management leverages Advent’s decades-long convertible investing expertise to identify undervalued opportunities across credit and equity markets. Additionally, ACVT is housed in an ETF wrapper, delivering the benefits of transparency, daily liquidity, and tax efficiency—advantages over conventional mutual fund structures.

Investors looking to fortify the defensive portion of their portfolio, or those seeking a conservative equity substitute, may find ACVT an ideal fit.

About the Issuer

Founded in 1995, Advent Capital Management, LLC is a New York-based SEC-registered investment advisor managing approximately $8.5 billion in assets. The firm is globally recognized for its expertise in convertibles and high yield credit strategies, serving a wide range of institutional and high-net-worth investors. Advent has long been a pioneer in convertible investing and now brings this specialization to the ETF market with ACVT, offering investors a liquid, accessible, and actively managed alternative to traditional fixed income.

Learn more at: www.adventcap.com

Please note that this article reflects the author’s personal views and does not represent the opinions of the publication or its affiliates. It is for informational purposes only and does not constitute investment advice. It is essential to seek guidance from a registered financial professional before making any investment decisions.

Advertisement
Advertisement
Advertisement
ETF U
Become a better investor with NYSE: The Home of ETFs
Visit the ETF U homepage
ETF Guides
Advertisement

Recent educational content

The ETF Show - US-Iran Conflict Sends Oil ETFs Soaring

Asset TV

The ETF Show - US-Iran Conflict Sends Oil ETFs Soaring

Lance McGray, Managing Director and Head of ETF Product at Advisors Asset Management joins The ETF Show.

Asset TV
By Asset TV · March 6, 2026
What's the Fund | Thrivent Small Cap Value ETF (Ticker: TSCV)

What’sTheFund

What's the Fund | Thrivent Small Cap Value ETF (Ticker: TSCV)

Kyle Detullio, ETF Capital Markets Specialist at Thrivent Asset Management, joins Ethan Hertzfeld on the NYSE trading floor to discuss the Thrivent Small Cap Value ETF (TSCV).

NYSE logo
By NYSE · March 6, 2026
What's the Fund | Thrivent Small-Mid Cap Equity ETF (Ticker: TSME)

What’sTheFund

What's the Fund | Thrivent Small-Mid Cap Equity ETF (Ticker: TSME)

Kyle Detullio, ETF Capital Markets Specialist at Thrivent Asset Management, joins Ethan Hertzfeld on the NYSE trading floor to discuss the Thrivent Small-Mid Cap Equity ETF (TSME).

NYSE logo
By NYSE · March 6, 2026
What's the Fund | Thrivent Mid Cap Value ETF (Ticker: TMVE)

What’sTheFund

What's the Fund | Thrivent Mid Cap Value ETF (Ticker: TMVE)

Kyle Detullio, ETF Capital Markets Specialist at Thrivent Asset Management, joins Ethan Hertzfeld on the NYSE trading floor to discuss the Thrivent Mid Cap Value ETF (TMVE).

NYSE logo
By NYSE · March 6, 2026

Browse all educational columns

Advertisement
Webcast on Demand

Calamos Investments Powers the Next Phase of the Autocallable Revolution

Join J.P. Morgan’s Bram Kaplan, Head of Americas Equity Derivatives Strategy and Matt Kaufman from Calamos Investments as they dive into the growing global opportunity in autocallable income—an increasingly dominant strategy within structured products, now available through ETFs.

Accepted for 1 CE Credit

Calamos Webcast