About Advent Claymore Convertible Sec & Inc Fd (NYSE:AVK)
Advent 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:
Average Prices:- 50 Day Moving Avg: $16.16
- 200 Day Moving Avg: $16.10
- 52 Week Range: $13.33 - $16.80
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: -812.50
- P/E Growth: 0.00
Misc:- Average Volume: 89,152 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 announced a monthly dividend on Tuesday, October 3rd. Stockholders of record on Friday, October 13th will be paid a dividend of $0.1146 per share on Tuesday, October 31st. This represents a $1.38 annualized dividend and a dividend yield of 8.46%. The ex-dividend date of this dividend is Thursday, October 12th. This is a positive change from Advent Claymore Convertible Sec & Inc Fd's previous monthly dividend of $0.11. View Advent Claymore Convertible Sec & Inc Fd's Dividend History.
Who are some of Advent Claymore Convertible Sec & Inc Fd's key competitors?
Some companies that are related to Advent Claymore Convertible Sec & Inc Fd include Ares Capital Corporation (ARCC), 3i Infrastructure PLC (3IN), FS Investment Corporation (FSIC), Apollo Investment Corporation (AINV), Golub Capital BDC (GBDC), Hercules Capital (HTGC), Ithaca Energy (IAE), Triangle Capital Corporation (TCAP), BlackRock Capital Investment Corporation (BKCC), Foresight Solar Fund Ltd (FSFL), Fidus Investment Corporation (FDUS), Eagle Point Credit Company (ECC), TICC Capital Corp. (TICC), Gladstone Investment Corporation (GAIN), Fifth Street Senior Floating Rate Corp. (FSFR), Gladstone Capital Corporation (GLAD), Alcentra Capital Corp. (ABDC) and Capitala Finance Corp. (CPTA).
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 Trustees, President, Chief Executive Officer
- Robert J. White, Chief Financial Officer, Treasurer
- Edward C. Delk, Chief Compliance Officer, Secretary
- Tony Huang, 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 institutional and retail investors. Top institutional investors include
SABA CAPITAL MANAGEMENT, L.P.
(6.66%). 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 $16.25.
MarketBeat Community Rating for Advent Claymore Convertible Sec & Inc Fd (NYSE AVK)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.
Consensus Ratings for Advent Claymore Convertible Sec & Inc Fd (NYSE:AVK) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | No ratings tracked in the last 12 months. |
| Consensus Rating: | N/A (Score: NaN) |
| Consensus Price Target: | N/A |
Consensus Price Target History for Advent Claymore Convertible Sec & Inc Fd (NYSE:AVK)
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 History for Advent Claymore Convertible Sec & Inc Fd (NYSE:AVK)
No earnings announcements for this company have been tracked by MarketBeat.com
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
Current Dividend Information for Advent Claymore Convertible Sec & Inc Fd (NYSE:AVK)| Next Dividend: | 10/31/2017 |
| Annual Dividend: | $1.38 |
| Dividend Yield: | 8.49% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio: | -6,900.00% (Based on This Year's Estimates)
-6,900.00% (Based on Next Year's Estimates)
|
Dividend History by Quarter for Advent Claymore Convertible Sec & Inc Fd (NYSE AVK)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 10/3/2017 | monthly | $0.11 | 8.44% | 10/12/2017 | 10/13/2017 | 10/31/2017 |
| 9/1/2017 | Monthly | $0.11 | 8.41% | 9/14/2017 | 9/15/2017 | 9/29/2017 |
| 8/2/2017 | monthly | $0.11 | 8.27% | 8/11/2017 | 8/15/2017 | 8/31/2017 |
| 7/3/2017 | monthly | $0.11 | 8.35% | 7/12/2017 | 7/14/2017 | 7/31/2017 |
| 6/2/2017 | monthly | $0.11 | 8.25% | 6/13/2017 | 6/15/2017 | 6/30/2017 |
| 5/2/2017 | monthly | $0.11 | 8.18% | 5/11/2017 | 5/15/2017 | 5/31/2017 |
| 4/4/2017 | monthly | $0.09 | 7.27% | 4/11/2017 | 4/13/2017 | 4/28/2017 |
| 3/2/2017 | monthly | $0.09 | 7.06% | 3/13/2017 | 3/15/2017 | 3/31/2017 |
| 2/2/2017 | monthly | $0.09 | 7.28% | 2/13/2017 | 2/15/2017 | 2/28/2017 |
| 1/4/2017 | monthly | $0.09 | 7.51% | 1/11/2017 | 1/15/2017 | 1/31/2017 |
| 12/2/2016 | | $0.09 | | 12/13/2016 | 12/15/2016 | 12/30/2016 |
| 11/2/2016 | | $0.09 | | 11/10/2016 | 11/15/2016 | 11/30/2016 |
| 10/4/2016 | | $0.09 | | 10/12/2016 | 10/14/2016 | 10/31/2016 |
| 9/2/2016 | | $0.09 | | 9/13/2016 | 9/15/2016 | 9/30/2016 |
| 8/2/2016 | | $0.09 | | 8/11/2016 | 8/15/2016 | 8/31/2016 |
| 7/5/2016 | | $0.09 | | 7/13/2016 | 7/15/2016 | 7/29/2016 |
| 6/2/2016 | | $0.09 | | 6/13/2016 | 6/15/2016 | 6/30/2016 |
| 5/3/2016 | | $0.09 | | 5/11/2016 | 5/13/2016 | 5/31/2016 |
| 4/4/2016 | | $0.09 | | 4/13/2016 | 4/15/2016 | 4/29/2016 |
| 3/2/2016 | | $0.09 | | 3/11/2016 | 3/15/2016 | 3/31/2016 |
| 2/2/2016 | | $0.09 | | 2/10/2016 | 2/12/2016 | 2/29/2016 |
| 1/5/2016 | | $0.09 | | 1/13/2016 | 1/15/2016 | 1/29/2016 |
| 12/2/2015 | | $0.09 | | 12/11/2015 | 12/15/2015 | 12/31/2015 |
| 11/3/2015 | | $0.09 | | 11/10/2015 | 11/13/2015 | 11/30/2015 |
| 7/2/2015 | monthly | $0.09 | 6.87% | 7/13/2015 | 7/15/2015 | 7/31/2015 |
| 6/2/2015 | monthly | $0.09 | 6.54% | 6/11/2015 | 6/15/2015 | 6/30/2015 |
| 5/4/2015 | monthly | $0.09 | 6.57% | 5/13/2015 | 5/15/2015 | 5/29/2015 |
| 4/2/2015 | monthly | $0.09 | 6.55% | 4/13/2015 | 4/15/2015 | 4/30/2015 |
| 3/3/2015 | monthly | $0.09 | 6.55% | 3/11/2015 | 3/13/2015 | 3/31/2015 |
| 2/5/2015 | monthly | $0.09 | 6.68% | 2/11/2015 | 2/13/2015 | 2/27/2015 |
| 1/5/2015 | monthly | $0.09 | 7.02% | 1/13/2015 | 1/15/2015 | 1/30/2015 |
| 11/5/2014 | monthly | $0.09 | 6.51% | 11/12/2014 | 11/14/2014 | 11/28/2014 |
| 10/3/2014 | monthly | $0.09 | 6.53% | 10/10/2014 | 10/15/2014 | 10/31/2014 |
| 9/4/2014 | monthly | $0.09 | 5.92% | 9/11/2014 | 9/15/2014 | 9/30/2014 |
| 8/4/2014 | monthly | $0.09 | 6.03% | 8/13/2014 | 8/15/2014 | 8/29/2014 |
| 7/2/2014 | monthly | $0.09 | 5.97% | 7/11/2014 | 7/15/2014 | 7/31/2014 |
| 6/3/2014 | monthly | $0.09 | 6.13% | 6/11/2014 | 6/13/2014 | 6/30/2014 |
| 5/2/2014 | monthly | $0.09 | 6.13% | 5/13/2014 | 5/15/2014 | 5/30/2014 |
| 4/2/2014 | monthly | $0.09 | 6.02% | 4/11/2014 | 4/15/2014 | 4/30/2014 |
| 3/4/2014 | monthly | $0.09 | 5.93% | 3/12/2014 | 3/14/2014 | 3/31/2014 |
| 2/5/2014 | monthly | $0.09 | 6.22% | 2/12/2014 | 2/14/2014 | 2/28/2014 |
| 1/3/2014 | monthly | $0.09 | 6.11% | 1/13/2014 | 1/15/2014 | 1/31/2014 |
(Data available from 1/1/2013 forward)
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)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 9/1/2017 | Saba Capital Management, L.P. | Major Shareholder | Sell | 59,776 | $16.11 | $962,991.36 |  |
| 8/29/2017 | Saba Capital Management, L.P. | Major Shareholder | Sell | 43,599 | $16.02 | $698,455.98 | |
| 8/25/2017 | Saba Capital Management, L.P. | Major Shareholder | Sell | 17,920 | $16.03 | $287,257.60 | |
| 8/23/2017 | Saba Capital Management, L.P. | Major Shareholder | Sell | 24,613 | $15.98 | $393,315.74 | |
| 8/21/2017 | Saba Capital Management, L.P. | Major Shareholder | Sell | 1,063 | $16.00 | $17,008.00 | |
| 8/17/2017 | Saba Capital Management, L.P. | Major Shareholder | Sell | 7,210 | $16.04 | $115,648.40 | |
| 8/10/2017 | Saba Capital Management, L.P. | Major Shareholder | Sell | 8,500 | $16.18 | $137,530.00 | |
| 8/8/2017 | Saba Capital Management, L.P. | Major Shareholder | Sell | 36,803 | $16.39 | $603,201.17 | |
| 8/7/2017 | Saba Capital Management, L.P. | Major Shareholder | Sell | 4,185 | $16.45 | $68,843.25 | |
| 8/3/2017 | Saba Capital Management, L.P. | Major Shareholder | Sell | 63,836 | $16.59 | $1,059,039.24 | |
| 1/17/2017 | Saba Capital Management, L.P. | Major Shareholder | Buy | 1,899 | $15.03 | $28,541.97 | |
| 1/9/2017 | Saba Capital Management, L.P. | Major Shareholder | Buy | 15,324 | $15.26 | $233,844.24 | |
| 1/5/2017 | Saba Capital Management, L.P. | Major Shareholder | Buy | 13,600 | $14.89 | $202,504.00 | |
| 12/29/2016 | Saba Capital Management, L.P. | Major Shareholder | Buy | 1,600 | $14.66 | $23,456.00 | |
| 12/21/2016 | Saba Capital Management, L.P. | Major Shareholder | Buy | 16,852 | $14.66 | $247,050.32 | |
| 12/16/2016 | Saba Capital Management, L.P. | Major Shareholder | Buy | 61,699 | $14.64 | $903,273.36 | |
| 12/14/2016 | Saba Capital Management, L.P. | Major Shareholder | Buy | 22,580 | $14.59 | $329,442.20 | |
| 12/12/2016 | Saba Capital Management, L.P. | Major Shareholder | Buy | 22,213 | $14.46 | $321,199.98 | |
| 12/8/2016 | Saba Capital Management, L.P. | Major Shareholder | Buy | 24,739 | $14.42 | $356,736.38 | |
| 11/4/2016 | Gerald L Seizert | Insider | Buy | 10,000 | $13.42 | $134,200.00 | |
| 11/2/2016 | Saba Capital Management, L.P. | Major Shareholder | Buy | 1,243 | $13.62 | $16,929.66 | |
| 9/2/2016 | Saba Capital Management, L.P. | Major Shareholder | Buy | 4,613 | $15.11 | $69,702.43 | |
| 8/12/2016 | Saba Capital Management, L.P. | Major Shareholder | Buy | 16,457 | $14.68 | $241,588.76 | |
| 1/5/2016 | Daniel Black | Insider | Buy | 2,000 | $13.71 | $27,420.00 | |
| 8/26/2015 | Gerald L. Seizert | insider | Buy | 6,500 | $14.55 | $94,575.00 | |
| 12/30/2014 | Gerald L Seizert | Insider | Buy | 2,000 | $16.25 | $32,500.00 | |
| 10/10/2014 | Randall C Barnes | Insider | Buy | 1,000 | $16.66 | $16,660.00 | |
| 2/18/2014 | Randall C Barnes | Insider | Sell | 2,388 | $18.78 | $44,846.64 | |
| 1/22/2014 | Randall C Barnes | Insider | Sell | 5,000 | $18.75 | $93,750.00 | |
| 1/2/2014 | Gerald L Seizert | Insider | Buy | 3,000 | $18.33 | $54,990.00 | |
| 12/18/2012 | Gerald L Seizert | Insider | Buy | 1,500 | $15.96 | $23,940.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Advent Claymore Convertible Sec & Inc Fd (NYSE:AVK)
Latest Headlines for Advent Claymore Convertible Sec & Inc Fd (NYSE:AVK)
| Source: |
|
| Date | Headline |
|---|
 | Advent Claymore Convertible Sec & Inc Fd (AVK) Plans Monthly Dividend of $0.11
www.americanbankingnews.com - October 3 at 6:04 PM |
| Advent Claymore Convertible Sec & Inc Fd (AVK) Raises Dividend to $0.11 Per Share
www.americanbankingnews.com - September 9 at 4:36 PM |
| Advent Claymore Convertible Sec & Inc Fd (AVK) Major Shareholder Sells $962,991.36 in Stock
www.americanbankingnews.com - September 5 at 1:16 PM |
| Advent Claymore Convertible Sec & Inc Fd (AVK) Major Shareholder Sells $698,455.98 in Stock
www.americanbankingnews.com - August 30 at 1:18 PM |
| Saba Capital Management, L.P. Sells 17,920 Shares of Advent Claymore Convertible Sec & Inc Fd (AVK) Stock
www.americanbankingnews.com - August 28 at 4:22 PM |
| Insider Selling: Advent Claymore Convertible Sec & Inc Fd (AVK) Major Shareholder Sells 24,613 Shares of Stock
www.americanbankingnews.com - August 24 at 1:26 PM |
| Saba Capital Management, L.P. Sells 1,063 Shares of Advent Claymore Convertible Sec & Inc Fd (AVK) Stock
www.americanbankingnews.com - August 22 at 4:34 PM |
| Insider Selling: Advent Claymore Convertible Sec & Inc Fd (AVK) Major Shareholder Sells 7,210 Shares of Stock
www.americanbankingnews.com - August 18 at 1:22 PM |
| Advent Claymore Convertible Sec & Inc Fd (NYSE:AVK) Major Shareholder Saba Capital Management, L.P. Sells 8,500 Shares
www.americanbankingnews.com - August 14 at 1:27 PM |
| Saba Capital Management, L.P. Sells 36,803 Shares of Advent Claymore Convertible Sec & Inc Fd (AVK) Stock
www.americanbankingnews.com - August 10 at 4:22 PM |
 | Advent/Claymore Closed-End Funds Announce Tender Offers
finance.yahoo.com - August 9 at 4:25 PM |
| Advent Claymore Convertible Sec & Inc Fd (AVK) Major Shareholder Saba Capital Management, L.P. Sells 4,185 Shares
www.americanbankingnews.com - August 8 at 4:48 PM |
| Advent Claymore Convertible Sec & Inc Fd (NYSE:AVK) Major Shareholder Sells $1,059,039.24 in Stock
www.americanbankingnews.com - August 3 at 7:52 PM |
| Advent Claymore Convertible Sec & Inc Fd (NYSE:AVK) Raises Dividend to $0.11 Per Share
www.americanbankingnews.com - August 2 at 5:24 PM |
 | Advent/Claymore Enhanced Growth & Income Fund Announces Final Results of Tender Offer
www.marketwatch.com - July 17 at 9:34 PM |
| Advent Claymore Convertible Sec & Inc Fd (NYSE:AVK) Declares Monthly Dividend of $0.11
www.americanbankingnews.com - July 7 at 8:29 PM |
 | Advent/Claymore Enhanced Growth & Income Fund Announces Tender Offer
globenewswire.com - June 12 at 4:46 PM |
 | [$$] The Time Is Right for Convertible Bonds
www.barrons.com - January 28 at 2:58 AM |
 | 2 Ignored Investments With 8.3%+ Yields And 15% Upside
www.forbes.com - November 16 at 1:01 PM |
Advent Claymore Convertible Sec & Inc Fd (AVK) Chart for Thursday, October, 19, 2017
