Advent Convertible and Income Fund (AVK)
| Market Value | 410.28M |
| Revenue (ttm) | 32.27M |
| Net Income (ttm) | -38.75M |
| Shares Out | 34.59M |
| EPS (ttm) | -1.12 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | $1.40 (11.84%) |
| Ex-Dividend Date | Dec 13, 2024 |
| Volume | 125,349 |
| Open | 11.75 |
| Previous Close | 11.79 |
| Day's Range | 11.75 - 11.92 |
| 52-Week Range | 11.03 - 12.97 |
| Beta | 1.36 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About AVK
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 Securitie... [Read more]
News
AVK: Good Income, But Credit Concerns
Advent Convertible & Income Fund offers income through preferred stocks, and high-yield securities, with potential upside over time from convertible issues. The fund has shown resilience in dividend p...
Guggenheim Investments Announces December 2024 Closed-End Fund Distributions
NEW YORK, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Guggenheim Investments today announced that certain closed-end funds have declared their distributions. The table below summarizes the distribution schedule...
These Closed-End Funds Pay $1,000 A Month On Every $100K Invested
I can't tell you how many times I've mentioned closed-end funds (CEFs) to investors and been met with blank stares in return.
Guggenheim Investments Announces November 2024 Closed-End Fund Distributions
NEW YORK, Nov. 01, 2024 (GLOBE NEWSWIRE) -- Guggenheim Investments today announced that certain closed-end funds have declared their distributions. The table below summarizes the distribution schedule...
Advent Convertible and Income Fund (NYSE: AVK) Announces Final Results of Rights Offering
NEW YORK, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Advent Convertible and Income Fund (NYSE: AVK) (the “Fund”) today announced the final results of its transferable rights offering (the “Offer”). The Offer e...
Advent Convertible and Income Fund (NYSE: AVK) Announces Preliminary Results of Rights Offering
NEW YORK, Oct. 18, 2024 (GLOBE NEWSWIRE) -- Advent Convertible and Income Fund (NYSE: AVK) (the “Fund”) today announced the completion and preliminary results of its transferable rights offering (the ...
AVK: Rights Offering Quick Notes
Advent Convertible & Income Fund has initiated a 1-for-3 transferable rights offering, with an expiration date of October 17, 2024. The subscription price is set at 92.5% of the average closing price ...
Advent Convertible and Income Fund (NYSE: AVK) Announces Updated Dates for October Distribution
NEW YORK, Sept. 16, 2024 (GLOBE NEWSWIRE) -- Advent Convertible and Income Fund (NYSE: AVK) (the “Fund”) announced updated record and ex-dividend dates for its October Distribution.
Advent Convertible and Income Fund (NYSE: AVK) Announces Terms of Rights Offering and Declares October Distribution
NEW YORK, Sept. 10, 2024 (GLOBE NEWSWIRE) -- The board of trustees (the “Board”) of Advent Convertible and Income Fund (NYSE: AVK) (the “Fund”) has approved the terms of the issuance of transferable r...
Guggenheim Investments Announces September 2024 Closed-End Fund Distributions
NEW YORK, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Guggenheim Investments today announced that certain closed-end funds have declared their distributions. The table below summarizes the distribution schedul...
AVK: Trying To Take Advantage Of Market Developments, But Hard To Justify A Premium
Advent Convertible and Income Fund offers high income through convertible securities, providing inflation protection and equity exposure. The fund's recent performance has been solid, substantially ou...
Guggenheim Investments Announces August 2024 Closed-End Fund Distributions
NEW YORK, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Guggenheim Investments today announced that certain closed-end funds have declared their distributions. The table below summarizes the distribution schedule...
Guggenheim Investments Announces July 2024 Closed-End Fund Distributions
NEW YORK, July 01, 2024 (GLOBE NEWSWIRE) -- Guggenheim Investments today announced that certain closed-end funds have declared their distributions. The table below summarizes the distribution schedule...
Guggenheim Investments Announces June 2024 Closed-End Fund Distributions
NEW YORK, June 03, 2024 (GLOBE NEWSWIRE) -- Guggenheim Investments today announced that certain closed-end funds have declared their distributions. The table below summarizes the distribution schedule...
AVK: The Destructive Distributions Are A Big Concern
The Advent Convertible & Income Fund offers a high distribution yield of 11.93%, making it attractive to income-seeking investors. The AVK closed-end fund has outperformed most broad-market indices an...
Guggenheim Investments Announces May 2024 Closed-End Fund Distributions
NEW YORK, May 01, 2024 (GLOBE NEWSWIRE) -- Guggenheim Investments today announced that certain closed-end funds have declared their distributions. The table below summarizes the distribution schedule ...
These ‘Chameleon' 9%+ Dividends Will Be The Income Play Of The Decade
Let's talk about convertibles for a second—but not the car with a removable top that everyone thinks of when they hear that word: I'm talking about convertible bonds.
Guggenheim Investments Announces April 2024 Closed-End Fund Distributions
NEW YORK, April 01, 2024 (GLOBE NEWSWIRE) -- Guggenheim Investments today announced that certain closed-end funds have declared their distributions. The table below summarizes the distribution schedul...
CEF Insights: Advent's Convertible And High-Yield Strategy And Outlook
Market volatility remains a concern despite steady economic conditions, making convertible securities and high-yield bonds like the Advent Convertible and Income Fund potentially attractive to investo...
Guggenheim Investments Announces March 2024 Closed-End Fund Distributions
NEW YORK, March 01, 2024 (GLOBE NEWSWIRE) -- Guggenheim Investments today announced that certain closed-end funds have declared their distributions. The table below summarizes the distribution schedul...
AVK: Extended High Beta Convertibles Fund
Equity markets are reaching new highs, but history suggests a potential pullback. The Advent Claymore Convertible Securities & Income Fund is a high beta name with a high leverage ratio. The CEF conta...
Guggenheim Investments Announces February 2024 Closed-End Fund Distributions
NEW YORK, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Guggenheim Investments today announced that certain closed-end funds have declared their distributions. The table below summarizes the distribution schedule...
Guggenheim Investments Announces January 2024 Closed-End Fund Distributions
NEW YORK, Jan. 02, 2024 (GLOBE NEWSWIRE) -- Guggenheim Investments today announced that certain closed-end funds have declared their distributions. The table below summarizes the distribution schedule...
Think You Can't Retire? These 7%+ Dividends Say Otherwise
Let's go ahead and use the quickest, most reliable strategy I know of to kickstart a reliable 7% income stream that rolls our way every month.
Guggenheim Investments Announces December 2023 Closed-End Fund Distributions
NEW YORK, Dec. 01, 2023 (GLOBE NEWSWIRE) -- Guggenheim Investments today announced that certain closed-end funds have declared their distributions. The table below summarizes the distribution schedule...