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
Stock Exchange NYSE
Industry N/A
Sub-IndustryN/A
SectorN/A
SymbolNYSE:AVK
CUSIPN/A
Phone+1-312-8270100
Debt
Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A
Profitability
EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A
Miscellaneous
EmployeesN/A
Outstanding Shares23,580,000
Market Cap$373.05 million
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 announced a monthly dividend on Thursday, August 2nd. Shareholders of record on Wednesday, August 15th will be given a dividend of $0.1172 per share on Thursday, August 23rd. This represents a $1.41 dividend on an annualized basis and a yield of 9.07%. The ex-dividend date is Tuesday, August 14th. View Advent Claymore Convertible Sec & Inc Fd's Dividend History.
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 (Age 57)
- Robert J. White, Chief Financial Officer, Treasurer (Age 50)
- Edward C. Delk, Chief Compliance Officer, Secretary (Age 49)
- Tony Huang, Vice President, Assistant Secretary (Age 41)
- Randall C. Barnes, Independent Trustee (Age 66)
- Daniel L. Black, Independent Trustee (Age 57)
- Derek Medina, Independent Trustee (Age 51)
- Ronald A. Nyberg, Independent Trustee (Age 64)
- Gerald L. Seizert, Independent Trustee (Age 65)
Has Advent Claymore Convertible Sec & Inc Fd been receiving favorable news coverage?
Media stories about AVK stock have been trending somewhat positive recently, according to Accern Sentiment. The research group identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Advent Claymore Convertible Sec & Inc Fd earned a coverage optimism score of 0.09 on Accern's scale. They also gave news stories about the investment management company an impact score of 47.21 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next several days. View Recent Headlines for Advent Claymore Convertible Sec & Inc Fd.
Who are Advent Claymore Convertible Sec & Inc Fd's major shareholders?
Advent Claymore Convertible Sec & Inc Fd's stock is owned by many different of institutional and retail investors. Top institutional investors include Advisors Asset Management Inc. (2.44%), Wells Fargo & Company MN (2.14%), Bank of America Corp DE (1.62%), Raymond James & Associates (1.28%), First Trust Advisors LP (0.64%) and Oxbow Advisors LLC (0.63%). Company insiders that own Advent Claymore Convertible Sec & Inc Fd stock include Gerald L Seizert and Saba Capital Management, LP. 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 bought by a variety of institutional investors in the last quarter, including Oxbow Advisors LLC, BlackRock Inc., Bank of America Corp DE, Advisors Asset Management Inc., First Trust Advisors LP, Centaurus Financial Inc., Raymond James Financial Services Advisors Inc. and Raymond James & Associates. Company insiders that have bought Advent Claymore Convertible Sec & Inc Fd stock in the last two years include Gerald L Seizert and Saba Capital Management, LP. 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 $15.50.
How big of a company is Advent Claymore Convertible Sec & Inc Fd?
Advent Claymore Convertible Sec & Inc Fd has a market capitalization of $373.05 million.
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.
