AVK AV

AVK Advent Claymore Convertible Sec

Financial Services · Asset Management

9 · Strong Watch

12.73

-1.09%

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.

11.08% 52.42% 1.41 4.73 2.69 12.55
52w 10.77 13.28

Dividend profile

Frequency Quarterly Growth (TTM) -58.1% CAGR 3y +0.9% +0.5% 1 year

Payment calendar

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

Valuation & strategy

11.60
Passes the threshold
16.74 USD
Price is about 31.5% below fair value.
Fairly valued
Yield 11.08% vs 5-yr 7.64%–12.40%
Implied fair price
13.13 USD

Read-only estimates from public data — not advice.

Dividend history

14 15 16 17 18 19 20 21 22 23 24 25

Per-share dividend by year

Debt & leverage

59.22%
0.07
0.06
Total debt
350.0M USD

Latest reported balance-sheet figures.

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Information, not financial advice.

The information on Quantic is provided for informational and educational purposes only. It is general in nature, does not take into account your personal financial situation, and does not constitute investment, financial, tax, or legal advice — nor a recommendation to buy or sell any security. Investing involves risk, including possible loss of principal; past performance is not a reliable indicator of future results. Market data comes from third-party providers and may be delayed or inaccurate. Before making any investment decision, consider your objectives, time horizon, risk tolerance, and diversification, and consult a qualified financial professional. Quantic is not a registered investment adviser or broker-dealer.

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