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

About Advent Claymore Convertible Sec & Inc Fd

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
  • Exchange: NYSE
  • Symbol: AVK
  • CUSIP:
Key Metrics:
  • Previous Close: $15.94
  • 50 Day Moving Average: $15.61
  • 200 Day Moving Average: $14.75
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -795.00
  • P/E Growth: 0.00
  • Market Cap: $N/A
Additional Links:
Companies Related to Advent Claymore Convertible Sec & Inc Fd:

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)
Annual Dividend:$1.13
Dividend Yield:7.11%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:-5,650.00% (Based on Current Year Consensus EPS Estimate)
-5,650.00% (Based on Next Year Consensus EPS Estimate)

Dividend History for Advent Claymore Convertible Sec & Inc Fd (NYSE:AVK)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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 History 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

Latest Headlines for Advent Claymore Convertible Sec & Inc Fd (NYSE:AVK)
DateHeadline
sg.finance.yahoo.com logoStada to hold takeover talks with rival suitors Cinven and Advent (NYSE:AVK)
sg.finance.yahoo.com - February 13 at 4:13 PM
barrons.com logo[$$] The Time Is Right for Convertible Bonds (NYSE:AVK)
www.barrons.com - January 28 at 2:58 AM
finance.yahoo.com logoGuggenheim Investments Announces January 2017 Closed-End Fund Distributions (NYSE:AVK)
finance.yahoo.com - January 3 at 4:33 PM
finance.yahoo.com logoADVENT CLAYMORE CONVERTIBLE SECURITIES & INCOME FUND Financials (NYSE:AVK)
finance.yahoo.com - December 14 at 4:27 PM
forbes.com logo2 Ignored Investments With 8.3%+ Yields And 15% Upside (NYSE:AVK)
www.forbes.com - November 16 at 1:01 PM
4-traders.com logoAdvent Claymore Convertible Sec & Fd : Oxbow Advisors Lowers stake in Advent Claymore Convertible Sec & Inc Fd (AVK) (NYSE:AVK)
www.4-traders.com - September 19 at 4:37 PM
noodls.com logoGeita Project Update - Mimbili 31/12/2015 (NYSE:AVK)
www.noodls.com - January 22 at 2:03 AM

Social

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 Thursday, February 2nd. Investors of record on Wednesday, February 15th will be paid a dividend of $0.0939 per share on Tuesday, February 28th. This represents a $1.13 dividend on an annualized basis and a dividend yield of 7.09%. The ex-dividend date of this dividend is Monday, February 13th.

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.

How much does a share of Advent Claymore Convertible Sec & Inc Fd stock cost?

One share of Advent Claymore Convertible Sec & Inc Fd stock can currently be purchased for approximately $15.90.

Advent Claymore Convertible Sec & Inc Fd (NYSE:AVK) Chart for Sunday, February, 26, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Advent Claymore Convertible Sec & Inc Fd (NYSE:AVK)

Earnings History Chart

Earnings by Quarter for Advent Claymore Convertible Sec & Inc Fd (NYSE:AVK)

Dividend History Chart

Dividend Payments by Quarter for Advent Claymore Convertible Sec & Inc Fd (NYSE:AVK)

Last Updated on 2/26/2017 by MarketBeat.com Staff