AVK AV

AVK Advent Claymore Convertible Sec

Financial Services · Asset Management

9 · Strong Momentum 8.0 · Strong Watch

12.88

+0.94%

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.

10.95%
42.86%
1.41
568.6M
3.91
3.29
12.54

52-week range

12.9
low 10.8 high 13.3
Yield Growth Momentum Safety Value Health

Dividend deep dive

Advent Claymore Convertible Sec (AVK) operates in the Asset Management industry within the Financial Services sector. The company currently offers a dividend yield of 11.21%. According to Yield Theory, the current yield suggests the stock is trading at a fair valuation relative to its historical 5-year yield range. However, the dividend safety status is currently marked as 'watch'.

Dividend history

Advent Claymore Convertible Sec has a dividend increase streak of 1 year. Dividends are paid quarterly, across all twelve months. The 3-year dividend CAGR is 0.89%, while the 5-year CAGR is 0.53%. The annual dividend per share has been 1.0983 USD in 2014 and 2015, rising to 1.3145 USD in 2017 and 1.3671 USD from 2018 through 2024. A projected dividend of 1.404 USD is noted for 2025.

Dividend safety

The company's dividend appears covered by earnings with a payout ratio of 42.86%. Leverage indicators show a debt-to-equity ratio of 58.878. Liquidity ratios are low, with a current ratio of 0.121 and a quick ratio of 0.12.

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AI-generated from Quantic's dividend data · Updated 17 Jul 2026 · Information, not financial advice.

Price history

19.0 14.1 9.23 2021 2022 2023 2024 2025 2026 2020-08 · 14.1 2020-09 · 13.4 2020-10 · 13.3 2020-11 · 15.5 2020-12 · 16.1 2021-01 · 16.2 2021-02 · 16.7 2021-03 · 17.2 2021-04 · 17.9 2021-05 · 19.0 2021-06 · 18.8 2021-07 · 18.7 2021-08 · 18.6 2021-09 · 17.5 2021-10 · 18.7 2021-11 · 17.4 2021-12 · 18.0 2022-01 · 16.2 2022-02 · 15.3 2022-03 · 15.2 2022-04 · 14.0 2022-05 · 13.8 2022-06 · 11.7 2022-07 · 13.2 2022-08 · 12.8 2022-09 · 10.4 2022-10 · 11.4 2022-11 · 11.9 2022-12 · 10.6 2023-01 · 12.2 2023-02 · 11.8 2023-03 · 11.3 2023-04 · 11.4 2023-05 · 10.7 2023-06 · 11.4 2023-07 · 11.6 2023-08 · 11.1 2023-09 · 10.2 2023-10 · 9.23 2023-11 · 10.1 2023-12 · 11.1 2024-01 · 11.4 2024-02 · 11.5 2024-03 · 11.6 2024-04 · 11.3 2024-05 · 11.6 2024-06 · 11.6 2024-07 · 12.5 2024-08 · 12.4 2024-09 · 11.7 2024-10 · 11.1 2024-11 · 12.2 2024-12 · 11.8 2025-01 · 12.2 2025-02 · 11.9 2025-03 · 11.5 2025-04 · 11.1 2025-05 · 11.6 2025-06 · 12.1 2025-07 · 12.3 2025-08 · 12.4 2025-09 · 12.8 2025-10 · 13.0 2025-11 · 12.7 2025-12 · 12.5 2026-01 · 12.7 2026-02 · 12.5 2026-03 · 11.2 2026-04 · 12.5 2026-05 · 13.1 2026-06 · 13.1 2026-07 · 12.7
Price

Dividend profile

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

(5-year)

Now 10.9%
7.6% avg 10.7% 12.4%

Payment calendar

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

Dividend history

CAGR 3y +0.9% CAGR 5y +0.5% 1y streak
14 15 16 17 18 19 20 21 22 23 24 25

Per-share dividend by year

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Debt & leverage

58.9%
0.12
0.12
Debt vs cash
Debt Cash
Total debt
350.0M USD
Total cash
6.5M USD

Latest reported balance-sheet figures.

Held by 1 investor

Information, not financial advice.

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