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.
Industry, Sector and Symbol
Industry Asset Management
Sub-IndustryN/A
SectorFinancial Services
Phone+1-312-8270100
Debt
Price-To-Earnings
Sales & Book Value
Annual SalesN/A
Profitability
Miscellaneous
EmployeesN/A
OptionableNot Optionable
Advent Claymore Convertible Sec & Inc Fd (NYSE:AVK) Frequently Asked Questions
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 Monday, February 4th. Stockholders of record on Friday, February 15th will be given a dividend of $0.1172 per share on Thursday, February 28th. This represents a $1.41 dividend on an annualized basis and a dividend yield of 9.73%. The ex-dividend date is Thursday, February 14th. This is a boost from Advent Claymore Convertible Sec & Inc Fd's previous monthly dividend of $0.12. View Advent Claymore Convertible Sec & Inc Fd's Dividend History.
Has Advent Claymore Convertible Sec & Inc Fd been receiving favorable news coverage?
News coverage about AVK stock has been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Advent Claymore Convertible Sec & Inc Fd earned a media sentiment score of 1.4 on InfoTrie's scale. They also assigned media headlines about the investment management company a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near future.
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 1ST TR ENERGY I/SH (FIF), 3i Group (TGOPF), Aberdeen Asian Income Fund (AAIF), Aberdeen Australia Equity Fund (IAF), Aberdeen Emerging Markets Invstmt (AEMC), Aberdeen Latin American Income Fund (ALAI), Aberdeen New Dawn Investment Trust (ABD), Aberdeen Smaller Coms High Incm Trst (ASCI), Aberforth Smaller Companies Trust (ASL), Aberforth Split Level Income Trust (ASIT), Aberforth Split Level Income Trust PLC Preferred Shares (ASIZ), Ackermans & van Haaren (ACKB), Acorn Capital Investment Fund (ACQ), Acorn Income Fund (AIF) and Adamas Finance Asia (ADAM).
Who are Advent Claymore Convertible Sec & Inc Fd's key executives?
Advent Claymore Convertible Sec & Inc Fd's management team includes the folowing people:
- Mr. Tracy Vincent Maitland, Chairman, Chief Exec. Officer and Pres (Age 59)
- Mr. Robert John White CPA, Chief Financial Officer and Treasurer (Age 52)
- Mr. Edward C. Delk, Chief Compliance Officer and Sec. (Age 51)
- Mr. Richard Alan Rosen, Managing Director
- Mr. Tony T. Huang CFA, VP of Portfolio Management & Research and Assistant Sec.
Who are Advent Claymore Convertible Sec & Inc Fd's major shareholders?
Advent Claymore Convertible Sec & Inc Fd's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Advisors Asset Management Inc. (0.00%), Raymond James & Associates (0.00%), Koshinski Asset Management Inc. (0.00%), RMB Capital Management LLC (0.00%), Arete Wealth Advisors LLC (0.00%) and Bank of America Corp DE (0.00%). Company insiders that own Advent Claymore Convertible Sec & Inc Fd stock include Advent Capital Management /De/, Michael A Smart, Saba Capital Management, LP, Tony Huang and Tracy V Maitland. View Institutional Ownership Trends for Advent Claymore Convertible Sec & Inc Fd.
Which institutional investors are selling Advent Claymore Convertible Sec & Inc Fd stock?
Which institutional investors are buying Advent Claymore Convertible Sec & Inc Fd stock?
AVK stock was acquired by a variety of institutional investors in the last quarter, including Raymond James & Associates, 6 Meridian, Koshinski Asset Management Inc., Two Sigma Securities LLC, Advisors Asset Management Inc., Millennium Management LLC, Raymond James Financial Services Advisors Inc. and Janney Montgomery Scott LLC. Company insiders that have bought Advent Claymore Convertible Sec & Inc Fd stock in the last two years include Advent Capital Management /De/, Tony Huang and Tracy V Maitland. View Insider Buying and Selling for Advent Claymore Convertible Sec & Inc Fd.
How do I buy shares of Advent Claymore Convertible Sec & Inc Fd?
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, Scottrade, Fidelity and Charles Schwab.
What is Advent Claymore Convertible Sec & Inc Fd's stock price today?
One share of AVK stock can currently be purchased for approximately $14.46.
What is Advent Claymore Convertible Sec & Inc Fd's official website?
How can I contact Advent Claymore Convertible Sec & Inc Fd?
Advent Claymore Convertible Sec & Inc Fd'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.
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 AVK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AVK will underperform the S&P 500 over the long term. You may vote once every thirty days.
