AVK Advent Claymore Convertible Sec
Financial Services · Asset Management
11.62
-1.02%
About the company
Advent Convertible and Income Fund is a closed-ended fixed income mutual fund launched and managed by Advent Capital Management, LLC. The fund primarily invests in the fixed income markets of the United States. It seeks to invest in securities of companies operating across the diversified sectors. The fund invests approximately 60% of its portfolio in convertible securities and rest in lower-grade non-convertible income securities. It employs fundamental analysis to create its portfolio. Advent Convertible and Income Fund was formed on April 29, 2003 and is domiciled in the United States.
52-week range
Dividend deep dive
Advent Claymore Convertible Sec (AVK), operating in the Asset Management industry within Financial Services, offers a dividend yield of 11.35%. This yield is above its 5-year average of 10.74%. The company carries an overall rating score of 10.0, though its dividend safety status is marked as "watch." From an intrinsic perspective, AVK has a momentum score of 5.0, indicating a neutral price trend. Its value score of 8.3 suggests the stock is relatively cheap according to margin of safety analysis, although Yield Theory indicates a fair valuation.
Dividend history
Advent Claymore Convertible Sec has maintained a dividend streak of 1 year. The company's dividend growth has been modest, with a 3-year CAGR of 0.89% and a 5-year CAGR of 0.53%. Annual dividends per share were $1.0983 from 2014 to 2016, increasing to $1.3145 in 2017, and then to $1.3671 from 2018 through 2023. A slight increase to $1.404 is projected for 2025. Dividends are paid quarterly. The Chowder Number for AVK is 11.9, which surpasses the 8.0 threshold.
Dividend safety
The dividend for Advent Claymore Convertible Sec appears well-covered with a payout ratio of 42.86% based on earnings per share. However, the company's leverage metrics indicate areas of concern; the debt-to-equity ratio is 58.878.
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AI-generated from Quantic's dividend data · Updated 7 Sep 2026 · Information, not financial advice.
Price history
Dividend profile
Yield band A stock's current dividend yield shown against its own range over the past five years — the low, average and high. Near the high end the shares look relatively cheap for the income they pay; near the low end, relatively expensive. It's the picture behind Dividend Yield Theory. Learn more → (5-year)
Payment calendar
Dividend history
Per-share dividend by year
Debt & leverage
Latest reported balance-sheet figures.
Held by 1 investor
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