Log in
NYSE:AVK

Advent Convertible and Income Fund Stock Forecast, Price & News

$15.86
+0.14 (+0.89 %)
(As of 11/27/2020 12:00 AM ET)
Add
Compare
Today's Range
$15.76
Now: $15.86
$15.86
50-Day Range
$13.62
MA: $14.54
$15.72
52-Week Range
$7.61
Now: $15.86
$16.18
Volume61,453 shs
Average Volume145,814 shs
Market CapitalizationN/A
P/E RatioN/A
Dividend Yield0.10%
BetaN/A
Advent Claymore Convertible Securities 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 Claymore Convertible Securities and Income Fund was formed on April 29, 2003 and is domiciled in the United States.
Read More

Beat the Market (BTM) Rank

Analyst Opinion: 0.0Community Rank: 2.6Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

0.52 out of 5 stars


Industry, Sector and Symbol

Industry Asset Management
Sub-IndustryN/A
CUSIPN/A
Phone+1-312-8270100
EmployeesN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

Next Earnings DateN/A
OptionableNot Optionable
$15.86
+0.14 (+0.89 %)
(As of 11/27/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive AVK News and Ratings via Email

Sign-up to receive the latest news and ratings for AVK and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles











Advent Convertible and Income Fund (NYSE:AVK) Frequently Asked Questions

How has Advent Convertible and Income Fund's stock been impacted by Coronavirus (COVID-19)?

Advent Convertible and Income Fund's stock was trading at $12.93 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, AVK stock has increased by 22.7% and is now trading at $15.86.
View which stocks have been most impacted by COVID-19
.

What stocks does MarketBeat like better than Advent Convertible and Income Fund?

Wall Street analysts have given Advent Convertible and Income Fund a "N/A" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Advent Convertible and Income Fund wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

How often does Advent Convertible and Income Fund pay dividends? What is the dividend yield for Advent Convertible and Income Fund?

Advent Convertible and Income Fund announced a monthly dividend on Monday, November 2nd. Shareholders of record on Friday, November 13th will be paid a dividend of $0.117 per share on Monday, November 30th. This represents a $1.40 dividend on an annualized basis and a yield of 8.85%. The ex-dividend date is Thursday, November 12th.
View Advent Convertible and Income Fund's dividend history
.

Are investors shorting Advent Convertible and Income Fund?

Advent Convertible and Income Fund saw a decrease in short interest during the month of October. As of October 30th, there was short interest totaling 18,500 shares, a decrease of 21.6% from the October 15th total of 23,600 shares. Based on an average daily volume of 121,200 shares, the short-interest ratio is currently 0.2 days.
View Advent Convertible and Income Fund's Short Interest
.

Who are some of Advent Convertible and Income Fund's key competitors?

What other stocks do shareholders of Advent Convertible and Income Fund own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Advent Convertible and Income Fund investors own include AGNC Investment (AGNC), Energy Transfer (ET), Gilead Sciences (GILD), AT&T (T), AbbVie (ABBV), ARMOUR Residential REIT (ARR), Canopy Growth (CGC), Enbridge (ENB), General Electric (GE) and Altria Group (MO).

Who are Advent Convertible and Income Fund's key executives?

Advent Convertible and Income Fund's management team includes the following people:
  • Mr. Anthony Hart Woodson III, Managing Director and Portfolio Mang.

What is Advent Convertible and Income Fund's stock symbol?

Advent Convertible and Income Fund trades on the New York Stock Exchange (NYSE) under the ticker symbol "AVK."

Who are Advent Convertible and Income Fund's major shareholders?

Advent Convertible and Income Fund's stock is owned by a variety of retail and institutional investors. Top institutional investors include Raymond James & Associates (0.00%), Advisors Asset Management Inc. (0.00%), Guggenheim Capital LLC (0.00%), Morgan Stanley (0.00%), Wells Fargo & Company MN (0.00%) and Rivernorth Capital Management LLC (0.00%). Company insiders that own Advent Convertible and Income Fund stock include Advent Capital Management /De/, Gerald L Seizert, Michael A Smart and Tracy V Maitland.
View institutional ownership trends for Advent Convertible and Income Fund
.

Which institutional investors are selling Advent Convertible and Income Fund stock?

AVK stock was sold by a variety of institutional investors in the last quarter, including Raymond James & Associates, Advisors Asset Management Inc., Wells Fargo & Company MN, Morgan Stanley, Windsor Capital Management LLC, Rivernorth Capital Management LLC, First Trust Advisors LP, and Cambridge Investment Research Advisors Inc..
View insider buying and selling activity for Advent Convertible and Income Fund
.

Which institutional investors are buying Advent Convertible and Income Fund stock?

AVK stock was purchased by a variety of institutional investors in the last quarter, including Kathmere Capital Management LLC, 6 Meridian, Guggenheim Capital LLC, Avantax Advisory Services Inc., Raymond James Financial Services Advisors Inc., CNH Partners LLC, LPL Financial LLC, and Kestra Advisory Services LLC. Company insiders that have bought Advent Convertible and Income Fund stock in the last two years include Advent Capital Management /De/, Michael A Smart, and Tracy V Maitland.
View insider buying and selling activity for Advent Convertible and Income Fund
.

How do I buy shares of Advent Convertible and Income Fund?

Shares of AVK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Advent Convertible and Income Fund's stock price today?

One share of AVK stock can currently be purchased for approximately $15.86.

What is Advent Convertible and Income Fund's official website?

The official website for Advent Convertible and Income Fund is www.guggenheiminvestments.com.

How can I contact Advent Convertible and Income Fund?

Advent Convertible and Income Fund's mailing address is 227 W Monroe St, CHICAGO, IL 60606-5055, United States. The investment management company can be reached via phone at +1-312-8270100.

This page was last updated on 11/28/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.