NYSE:AVK - Advent Claymore Convertible Securities and Income Fund Stock Price, Price Target & More

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$15.45 +0.09 (+0.59 %)
(As of 05/25/2018 04:00 PM ET)
Previous Close$15.36
Today's Range$15.36 - $15.46
52-Week Range$14.62 - $16.80
Volume109,500 shs
Average Volume74,844 shs
Market Capitalization$373.05 million
P/E RatioN/A
Dividend Yield2.96%
Beta0.98

About Advent Claymore Convertible Securities and Income Fund (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.

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Industry, Sector and Symbol

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

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

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

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

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

Advent Claymore Convertible Securities and Income Fund declared a monthly dividend on Tuesday, May 1st. Shareholders of record on Tuesday, May 15th will be paid a dividend of $0.117 per share on Thursday, May 31st. This represents a $1.40 dividend on an annualized basis and a yield of 9.09%. The ex-dividend date of this dividend is Monday, May 14th. View Advent Claymore Convertible Securities and Income Fund's Dividend History.

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

Advent Claymore Convertible Securities and Income Fund'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 Securities and Income Fund been receiving favorable news coverage?

News coverage about AVK stock has trended somewhat positive recently, Accern reports. The research group ranks the sentiment of press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Advent Claymore Convertible Securities and Income Fund earned a media sentiment score of 0.06 on Accern's scale. They also assigned news coverage about the investment management company an impact score of 44.36 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.

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

Advent Claymore Convertible Securities and Income Fund's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Wells Fargo & Company MN (2.57%), Saba Capital Management L.P. (1.19%), RMB Capital Management LLC (0.99%), Eaton Vance Management (0.90%), Arete Wealth Advisors LLC (0.88%) and Windsor Capital Management LLC (0.63%). Company insiders that own Advent Claymore Convertible Securities and Income Fund stock include Gerald L Seizert and Saba Capital Management, LP. View Institutional Ownership Trends for Advent Claymore Convertible Securities and Income Fund.

Which major investors are selling Advent Claymore Convertible Securities and Income Fund stock?

AVK stock was sold by a variety of institutional investors in the last quarter, including Saba Capital Management L.P., Shaker Financial Services LLC, Guggenheim Capital LLC, Ladenburg Thalmann Financial Services Inc., Doliver Capital Advisors LP, Windsor Capital Management LLC, Commonwealth Equity Services LLC and UBS Group AG. View Insider Buying and Selling for Advent Claymore Convertible Securities and Income Fund.

Which major investors are buying Advent Claymore Convertible Securities and Income Fund stock?

AVK stock was acquired by a variety of institutional investors in the last quarter, including Eaton Vance Management, RMB Capital Management LLC, Quad Cities Investment Group LLC, Arete Wealth Advisors LLC, LPL Financial LLC and Wells Fargo & Company MN. Company insiders that have bought Advent Claymore Convertible Securities and Income Fund stock in the last two years include Gerald L Seizert and Saba Capital Management, LP. View Insider Buying and Selling for Advent Claymore Convertible Securities and Income Fund.

How do I buy shares of Advent Claymore Convertible Securities 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, Scottrade, Fidelity and Charles Schwab.

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

One share of AVK stock can currently be purchased for approximately $15.45.

How big of a company is Advent Claymore Convertible Securities and Income Fund?

Advent Claymore Convertible Securities and Income Fund has a market capitalization of $373.05 million.

How can I contact Advent Claymore Convertible Securities and Income Fund?

Advent Claymore Convertible Securities 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.


MarketBeat Community Rating for Advent Claymore Convertible Securities and Income Fund (AVK)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  59 (Vote Outperform)
Underperform Votes:  53 (Vote Underperform)
Total Votes:  112
MarketBeat's community ratings are surveys of what our community members think about Advent Claymore Convertible Securities and Income Fund 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.

Analyst Ratings

Advent Claymore Convertible Securities and Income Fund (NYSE:AVK) Analyst Ratings History

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
(Data available from 5/26/2016 forward)

Earnings

Dividends

Advent Claymore Convertible Securities and Income Fund (NYSE:AVK) Dividend Information

Advent Claymore Convertible Securities and Income Fund pays an annual dividend of $1.40 per share, with a dividend yield of 9.06%. AVK's next monthly dividend payment will be made on Thursday, May 31.
Next Dividend:5/31/2018
Annual Dividend:$1.40
Dividend Yield:9.06%
Dividend Growth:4.50% (3 Year Average)
Payout Ratio(s):N/A
Frequency:Monthly Dividend
Dividend Payments by Quarter for Advent Claymore Convertible Securities and Income Fund (NYSE:AVK)

Advent Claymore Convertible Securities and Income Fund (NYSE:AVK) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/1/2018Monthly$0.11709.25%5/14/20185/15/20185/31/2018
4/3/2018monthly$0.11729.46%4/12/20184/13/20184/30/2018
3/2/2018monthly$0.11729.09%3/14/20183/15/20183/29/2018
2/2/2018monthly$0.11708.95%2/14/20182/15/20182/28/2018
1/3/2018monthly$0.11648.75%1/11/20181/12/20181/31/2018
12/4/2017monthly$0.11608.84%12/14/201712/15/201712/29/2017
11/1/2017Monthly$0.11508.63%11/14/201711/15/201711/30/2017
10/3/2017monthly$0.11468.44%10/12/201710/13/201710/31/2017
9/1/2017Monthly$0.11408.41%9/14/20179/15/20179/29/2017
8/2/2017monthly$0.11388.27%8/11/20178/15/20178/31/2017
7/3/2017monthly$0.11308.35%7/12/20177/14/20177/31/2017
6/2/2017monthly$0.11248.25%6/13/20176/15/20176/30/2017
5/2/2017monthly$0.11168.18%5/11/20175/15/20175/31/2017
4/4/2017monthly$0.09397.27%4/11/20174/13/20174/28/2017
3/2/2017monthly$0.09397.06%3/13/20173/15/20173/31/2017
2/2/2017monthly$0.09397.28%2/13/20172/15/20172/28/2017
1/4/2017monthly$0.09397.51%1/11/20171/15/20171/31/2017
12/2/2016$0.094012/13/201612/15/201612/30/2016
11/2/2016$0.094011/10/201611/15/201611/30/2016
10/4/2016$0.094010/12/201610/14/201610/31/2016
9/2/2016$0.09409/13/20169/15/20169/30/2016
8/2/2016$0.09408/11/20168/15/20168/31/2016
7/5/2016$0.09407/13/20167/15/20167/29/2016
6/2/2016$0.09406/13/20166/15/20166/30/2016
5/3/2016$0.09405/11/20165/13/20165/31/2016
4/4/2016$0.09404/13/20164/15/20164/29/2016
3/2/2016$0.09403/11/20163/15/20163/31/2016
2/2/2016$0.09402/10/20162/12/20162/29/2016
1/5/2016$0.09401/13/20161/15/20161/29/2016
12/2/2015$0.094012/11/201512/15/201512/31/2015
11/3/2015$0.094011/10/201511/13/201511/30/2015
7/2/2015monthly$0.09396.87%7/13/20157/15/20157/31/2015
6/2/2015monthly$0.09396.54%6/11/20156/15/20156/30/2015
5/4/2015monthly$0.09396.57%5/13/20155/15/20155/29/2015
4/2/2015monthly$0.09396.55%4/13/20154/15/20154/30/2015
3/3/2015monthly$0.09396.55%3/11/20153/13/20153/31/2015
2/5/2015monthly$0.09396.68%2/11/20152/13/20152/27/2015
1/5/2015monthly$0.09397.02%1/13/20151/15/20151/30/2015
11/5/2014monthly$0.09396.51%11/12/201411/14/201411/28/2014
10/3/2014monthly$0.09396.53%10/10/201410/15/201410/31/2014
9/4/2014monthly$0.09395.92%9/11/20149/15/20149/30/2014
8/4/2014monthly$0.09396.03%8/13/20148/15/20148/29/2014
7/2/2014monthly$0.09395.97%7/11/20147/15/20147/31/2014
6/3/2014monthly$0.09396.13%6/11/20146/13/20146/30/2014
5/2/2014monthly$0.09396.13%5/13/20145/15/20145/30/2014
4/2/2014monthly$0.09396.02%4/11/20144/15/20144/30/2014
3/4/2014monthly$0.09395.93%3/12/20143/14/20143/31/2014
2/5/2014monthly$0.09396.22%2/12/20142/14/20142/28/2014
1/3/2014monthly$0.09396.11%1/13/20141/15/20141/31/2014
(Data available from 1/1/2013 forward)

Insider Trades

Advent Claymore Convertible Securities and Income Fund (NYSE AVK) Insider Trading and Institutional Ownership History

Insider Trading History for Advent Claymore Convertible Securities and Income Fund (NYSE:AVK)
Insider Trading History for Advent Claymore Convertible Securities and Income Fund (NYSE:AVK)

Advent Claymore Convertible Securities and Income Fund (NYSE AVK) Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
9/1/2017Saba Capital Management, L.P.Major ShareholderSell59,776$16.11$962,991.36View SEC Filing  
8/29/2017Saba Capital Management, L.P.Major ShareholderSell43,599$16.02$698,455.98View SEC Filing  
8/25/2017Saba Capital Management, L.P.Major ShareholderSell17,920$16.03$287,257.60View SEC Filing  
8/23/2017Saba Capital Management, L.P.Major ShareholderSell24,613$15.98$393,315.74View SEC Filing  
8/21/2017Saba Capital Management, L.P.Major ShareholderSell1,063$16.00$17,008.00View SEC Filing  
8/17/2017Saba Capital Management, L.P.Major ShareholderSell7,210$16.04$115,648.40View SEC Filing  
8/10/2017Saba Capital Management, L.P.Major ShareholderSell8,500$16.18$137,530.00View SEC Filing  
8/8/2017Saba Capital Management, L.P.Major ShareholderSell36,803$16.39$603,201.17View SEC Filing  
8/7/2017Saba Capital Management, L.P.Major ShareholderSell4,185$16.45$68,843.25View SEC Filing  
8/3/2017Saba Capital Management, L.P.Major ShareholderSell63,836$16.59$1,059,039.24View SEC Filing  
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$134,200.008,629View 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$27,420.004,031View SEC Filing  
8/26/2015Gerald L. SeizertinsiderBuy6,500$14.55$94,575.0048,100View 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

Advent Claymore Convertible Securities and Income Fund (NYSE AVK) News Headlines

Source:
DateHeadline
Advent Claymore Convertible Securities and Income Fund (AVK) Plans $0.12 Monthly DividendAdvent Claymore Convertible Securities and Income Fund (AVK) Plans $0.12 Monthly Dividend
www.americanbankingnews.com - May 9 at 2:17 PM
Advent/Claymore Enhanced Growth & Income Fund to Issue Monthly Dividend of $0.12 (AVK)Advent/Claymore Enhanced Growth & Income Fund to Issue Monthly Dividend of $0.12 (AVK)
www.americanbankingnews.com - April 3 at 6:18 PM
Advent Claymore Convertible Sec & Inc Fd (AVK) Declares Monthly Dividend of $0.12Advent Claymore Convertible Sec & Inc Fd (AVK) Declares Monthly Dividend of $0.12
www.americanbankingnews.com - March 2 at 6:25 PM
Guggenheim Investments Announces March 2018 Closed-End Fund DistributionsGuggenheim Investments Announces March 2018 Closed-End Fund Distributions
finance.yahoo.com - March 1 at 4:30 PM
Advent Claymore Convertible Sec & Inc Fd (AVK) Declares Dividend Increase - $0.12 Per ShareAdvent Claymore Convertible Sec & Inc Fd (AVK) Declares Dividend Increase - $0.12 Per Share
www.americanbankingnews.com - February 2 at 5:28 PM
Advent Claymore Convertible Sec & Inc Fd (AVK) Raises Dividend to $0.12 Per ShareAdvent Claymore Convertible Sec & Inc Fd (AVK) Raises Dividend to $0.12 Per Share
www.americanbankingnews.com - December 4 at 5:52 PM
Advent Claymore Convertible Sec & Inc Fd (AVK) Plans Monthly Dividend of $0.12Advent Claymore Convertible Sec & Inc Fd (AVK) Plans Monthly Dividend of $0.12
www.americanbankingnews.com - November 9 at 2:28 PM
Guggenheim Investments Announces November 2017 Closed-End Fund DistributionsGuggenheim Investments Announces November 2017 Closed-End Fund Distributions
finance.yahoo.com - November 1 at 4:48 PM
Advent Claymore Convertible Sec & Inc Fd (AVK) Plans Monthly Dividend of $0.11Advent 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 ShareAdvent 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 StockAdvent 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 StockAdvent 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) StockSaba 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 StockInsider 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) StockSaba 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 StockInsider 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 SharesAdvent 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) StockSaba 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 OffersAdvent/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 SharesAdvent 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 StockAdvent 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 ShareAdvent 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 OfferAdvent/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 $0.11Advent 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 OfferAdvent/Claymore Enhanced Growth & Income Fund Announces Tender Offer
globenewswire.com - June 12 at 4:46 PM
[$$] The Time Is Right for Convertible Bonds[$$] 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% Upside2 Ignored Investments With 8.3%+ Yields And 15% Upside
www.forbes.com - November 16 at 1:01 PM

SEC Filings

Advent Claymore Convertible Securities and Income Fund (NYSE:AVK) SEC Filings

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Social Media

Financials

Advent Claymore Convertible Securities and Income Fund (NYSE:AVK) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Advent Claymore Convertible Securities and Income Fund (NYSE AVK) Stock Chart for Saturday, May, 26, 2018

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This page was last updated on 5/26/2018 by MarketBeat.com Staff

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