Advent Claymore Convertible Sec & Inc Fd Company Profile (NYSE:AVK)

About Advent Claymore Convertible Sec & Inc Fd (NYSE:AVK)

Advent Claymore Convertible Sec & Inc Fd logoAdvent Claymore Convertible Securities and Income Fund is a diversified, closed-end management investment company. The Fund's investment objective is to provide total return through a combination of capital appreciation and current income. Under normal market conditions, the Fund invests approximately 80% of its managed assets in a diversified portfolio of convertible securities and non-convertible income securities. Under normal market conditions, the Fund will invest approximately 30% of its managed assets in convertible securities and may invest up to 70% of its managed assets in non-convertible income securities. The Fund invests in various sectors, such as communications, utilities, energy, industrial, technology, financial and basic materials. The investment advisor of the Fund is Advent Capital Management, LLC, which specializes in convertible and high-yield securities for institutional and individual investors.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Closed-End Fund - Debt
  • Sub-Industry: N/A
  • Symbol: NYSE:AVK
  • CUSIP: N/A
  • Web: N/A
Average Prices:
  • 50 Day Moving Avg: $15.86
  • 200 Day Moving Avg: $15.30
  • 52 Week Range: $13.33 - $16.77
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -810.50
  • P/E Growth: 0.00
Misc:
  • Average Volume: 77,155 shs.
 

Frequently Asked Questions for Advent Claymore Convertible Sec & Inc Fd (NYSE:AVK)

What is Advent Claymore Convertible Sec & Inc Fd's stock symbol?

Advent Claymore Convertible Sec & Inc Fd trades on the New York Stock Exchange (NYSE) under the ticker symbol "AVK."

How often does Advent Claymore Convertible Sec & Inc Fd pay dividends? What is the dividend yield for Advent Claymore Convertible Sec & Inc Fd?

Advent Claymore Convertible Sec & Inc Fd declared a monthly dividend on Tuesday, May 2nd. Investors of record on Monday, May 15th will be paid a dividend of $0.1116 per share on Wednesday, May 31st. This represents a $1.34 dividend on an annualized basis and a yield of 8.26%. The ex-dividend date of this dividend is Thursday, May 11th. This is an increase from Advent Claymore Convertible Sec & Inc Fd's previous monthly dividend of $0.09. View Advent Claymore Convertible Sec & Inc Fd's Dividend History.

Who are some of Advent Claymore Convertible Sec & Inc Fd's key competitors?

Who are Advent Claymore Convertible Sec & Inc Fd's key executives?

Advent Claymore Convertible Sec & Inc Fd's management team includes the folowing people:

  • Tracy V. Maitland, Chairman of the Board of Trustee, President, Chief Executive Officer
  • Robert J. White, Chief Financial Officer, Treasurer
  • Edward C. Delk, Chief Compliance Officer, Secretary
  • Douglas Teresko, Vice President, Assistant Secretary
  • Randall C. Barnes, Independent Trustee
  • Daniel L. Black, Independent Trustee
  • Derek Medina, Independent Trustee
  • Ronald A. Nyberg, Independent Trustee
  • Gerald L. Seizert, Independent Trustee

Who owns Advent Claymore Convertible Sec & Inc Fd stock?

Advent Claymore Convertible Sec & Inc Fd's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include SABA CAPITAL MANAGEMENT, L.P. (11.10%). Company insiders that own Advent Claymore Convertible Sec & Inc Fd stock include Daniel Black, Gerald L Seizert and Saba Capital Management, LP. View Institutional Ownership Trends for Advent Claymore Convertible Sec & Inc Fd.

How do I buy Advent Claymore Convertible Sec & Inc Fd stock?

Shares of Advent Claymore Convertible Sec & Inc Fd can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Advent Claymore Convertible Sec & Inc Fd's stock price today?

One share of Advent Claymore Convertible Sec & Inc Fd stock can currently be purchased for approximately $16.21.


MarketBeat Community Rating for Advent Claymore Convertible Sec & Inc Fd (NYSE AVK)
Community Ranking:  NaN out of 5 ()
Outperform Votes:  0 (Vote Outperform)
Underperform Votes:  0 (Vote Underperform)
Total Votes:  0
MarketBeat's community ratings are surveys of what our community members think about Advent Claymore Convertible Sec & Inc Fd and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Advent Claymore Convertible Sec & Inc Fd (NYSE:AVK) (?)
Ratings Breakdown: No ratings tracked in the last 12 months.
Consensus Rating:N/A (Score: NaN)
Consensus Price Target: N/A

Analysts' Ratings History for Advent Claymore Convertible Sec & Inc Fd (NYSE:AVK)
Show:
No equities research coverage for this company has been tracked by MarketBeat.com

Earnings

Earnings History for Advent Claymore Convertible Sec & Inc Fd (NYSE:AVK)
No earnings announcements for this company have been tracked by MarketBeat.com

Estimates

Earnings Estimates for Advent Claymore Convertible Sec & Inc Fd (NYSE:AVK)
Current Year EPS Consensus Estimate: $-0.02 EPS
Next Year EPS Consensus Estimate: $-0.02 EPS

Dividends

Current Dividend Information for Advent Claymore Convertible Sec & Inc Fd (NYSE:AVK)
Next Dividend:5/31/2017
Annual Dividend:$1.34
Dividend Yield:8.27%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:-6,700.00% (Based on This Year's Estimates)
-6,700.00% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Advent Claymore Convertible Sec & Inc Fd (NYSE:AVK)

Dividend History by Quarter for Advent Claymore Convertible Sec & Inc Fd (NYSE:AVK)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/2/2017monthly$0.118.18%5/11/20175/15/20175/31/2017
4/4/2017monthly$0.097.27%4/11/20174/13/20174/28/2017
3/2/2017monthly$0.097.06%3/13/20173/15/20173/31/2017
2/2/2017monthly$0.097.28%2/13/20172/15/20172/28/2017
1/4/2017monthly$0.097.51%1/11/20171/15/20171/31/2017
12/2/2016$0.0912/13/201612/15/201612/30/2016
11/2/2016$0.0911/10/201611/15/201611/30/2016
10/4/2016$0.0910/12/201610/14/201610/31/2016
9/2/2016$0.099/13/20169/15/20169/30/2016
8/2/2016$0.098/11/20168/15/20168/31/2016
7/5/2016$0.097/13/20167/15/20167/29/2016
6/2/2016$0.096/13/20166/15/20166/30/2016
5/3/2016$0.095/11/20165/13/20165/31/2016
4/4/2016$0.094/13/20164/15/20164/29/2016
3/2/2016$0.093/11/20163/15/20163/31/2016
2/2/2016$0.092/10/20162/12/20162/29/2016
1/5/2016$0.091/13/20161/15/20161/29/2016
12/2/2015$0.0912/11/201512/15/201512/31/2015
11/3/2015$0.0911/10/201511/13/201511/30/2015
7/2/2015monthly$0.096.87%7/13/20157/15/20157/31/2015
6/2/2015monthly$0.096.54%6/11/20156/15/20156/30/2015
5/4/2015monthly$0.096.57%5/13/20155/15/20155/29/2015
4/2/2015monthly$0.096.55%4/13/20154/15/20154/30/2015
3/3/2015monthly$0.096.55%3/11/20153/13/20153/31/2015
2/5/2015monthly$0.096.68%2/11/20152/13/20152/27/2015
1/5/2015monthly$0.097.02%1/13/20151/15/20151/30/2015
11/5/2014monthly$0.096.51%11/12/201411/14/201411/28/2014
10/3/2014monthly$0.096.53%10/10/201410/15/201410/31/2014
9/4/2014monthly$0.095.92%9/11/20149/15/20149/30/2014
8/4/2014monthly$0.096.03%8/13/20148/15/20148/29/2014
7/2/2014monthly$0.095.97%7/11/20147/15/20147/31/2014
6/3/2014monthly$0.096.13%6/11/20146/13/20146/30/2014
5/2/2014monthly$0.096.13%5/13/20145/15/20145/30/2014
4/2/2014monthly$0.096.02%4/11/20144/15/20144/30/2014
3/4/2014monthly$0.095.93%3/12/20143/14/20143/31/2014
2/5/2014monthly$0.096.22%2/12/20142/14/20142/28/2014
1/3/2014monthly$0.096.11%1/13/20141/15/20141/31/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Advent Claymore Convertible Sec & Inc Fd (NYSE:AVK)
Insider Trades by Quarter for Advent Claymore Convertible Sec & Inc Fd (NYSE:AVK)
Insider Trades by Quarter for Advent Claymore Convertible Sec & Inc Fd (NYSE:AVK)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
1/17/2017Saba Capital Management, L.P.Major ShareholderBuy1,899$15.03$28,541.97View SEC Filing  
1/9/2017Saba Capital Management, L.P.Major ShareholderBuy15,324$15.26$233,844.24View SEC Filing  
1/5/2017Saba Capital Management, L.P.Major ShareholderBuy13,600$14.89$202,504.00View SEC Filing  
12/29/2016Saba Capital Management, L.P.Major ShareholderBuy1,600$14.66$23,456.00View SEC Filing  
12/21/2016Saba Capital Management, L.P.Major ShareholderBuy16,852$14.66$247,050.32View SEC Filing  
12/16/2016Saba Capital Management, L.P.Major ShareholderBuy61,699$14.64$903,273.36View SEC Filing  
12/14/2016Saba Capital Management, L.P.Major ShareholderBuy22,580$14.59$329,442.20View SEC Filing  
12/12/2016Saba Capital Management, L.P.Major ShareholderBuy22,213$14.46$321,199.98View SEC Filing  
12/8/2016Saba Capital Management, L.P.Major ShareholderBuy24,739$14.42$356,736.38View SEC Filing  
11/4/2016Gerald L SeizertInsiderBuy10,000$13.42$134,200.00View SEC Filing  
11/2/2016Saba Capital Management, L.P.Major ShareholderBuy1,243$13.62$16,929.66View SEC Filing  
9/2/2016Saba Capital Management, L.P.Major ShareholderBuy4,613$15.11$69,702.43View SEC Filing  
8/12/2016Saba Capital Management, L.P.Major ShareholderBuy16,457$14.68$241,588.76View SEC Filing  
1/5/2016Daniel BlackInsiderBuy2,000$13.71$27,420.00View SEC Filing  
8/26/2015Gerald L. SeizertinsiderBuy6,500$14.55$94,575.00View SEC Filing  
12/30/2014Gerald L SeizertInsiderBuy2,000$16.25$32,500.00View SEC Filing  
10/10/2014Randall C BarnesInsiderBuy1,000$16.66$16,660.00View SEC Filing  
2/18/2014Randall C BarnesInsiderSell2,388$18.78$44,846.64View SEC Filing  
1/22/2014Randall C BarnesInsiderSell5,000$18.75$93,750.00View SEC Filing  
1/2/2014Gerald L SeizertInsiderBuy3,000$18.33$54,990.00View SEC Filing  
12/18/2012Gerald L SeizertInsiderBuy1,500$15.96$23,940.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Advent Claymore Convertible Sec & Inc Fd (NYSE:AVK)
Latest Headlines for Advent Claymore Convertible Sec & Inc Fd (NYSE:AVK)
Source:

Social

Chart

Advent Claymore Convertible Sec & Inc Fd (AVK) Chart for Monday, May, 29, 2017

This page was last updated on 5/29/2017 by MarketBeat.com Staff