Advent Convertible and Income Fund (AVK) Stock

About Advent Convertible and Income Fund

Managed by Advent Capital Management, LLC, the Advent Claymore Convertible Securities and Income Fund functions as a closed-ended mutual fund primarily targeting fixed income investments within the United States. It strategically allocates capital to companies operating across a variety of diversified sectors. Approximately 60% of its holdings are dedicated to convertible securities, with the remainder invested in lower-rated non-convertible income instruments. The fund's portfolio is meticulously constructed using a fundamental analysis approach. Established on April 29, 2003, this fund is officially domiciled in the United States.

Advent Convertible and Income Fund is headquartered in US.

Advent Convertible and Income Fund (AVK) stock trades at $12.82 with a market capitalization of $443.49M. The stock is valued at a price-to-earnings (P/E) ratio of 3.90, price-to-book of 0.95, price-to-sales of 4.01. Over the past 52 weeks the stock has ranged between $10.77 and $13.28, and currently trades 3.5% below its 52-week high.

On profitability, Advent Convertible and Income Fund generates a return on equity (ROE) of 24.48% — well above the market average, a sign of a high-quality business, return on capital employed of 20.82%, an operating margin of 145.50%, a net profit margin of 131.10%.

Official website: www.guggenheimfunds.com/cef/fund/avk