NYSE:AVK

Advent Convertible and Income Fund (AVK) Stock Price, News & Analysis

$11.59
+0.11 (+0.96%)
(As of 04/23/2024 ET)
Today's Range
$11.50
$11.64
50-Day Range
$11.22
$12.09
52-Week Range
$9.24
$12.16
Volume
121,618 shs
Average Volume
118,202 shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
12.08%
Price Target
N/A
AVK stock logo

About Advent Convertible and Income Fund Stock (NYSE: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 Securities and Income Fund was formed on April 29, 2003 and is domiciled in the United States.

AVK Stock Price History

AVK Stock News Headlines

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AVK: Extended High Beta Convertibles Fund
AVK Advent Convertible & Income Fund
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See More Headlines
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Company Calendar

Ex-Dividend for 3/29 Dividend
3/14/2024
Dividend Payable
3/29/2024
Ex-Dividend for 4/30 Dividend
4/12/2024
Today
4/23/2024
Dividend Payable
4/30/2024

Industry, Sector and Symbol

Industry
Asset Management
Sub-Industry
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$-3,531,300.00

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
N/A
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AVK Stock Analysis - Frequently Asked Questions

How have AVK shares performed in 2024?

Advent Convertible and Income Fund's stock was trading at $11.38 on January 1st, 2024. Since then, AVK stock has increased by 1.8% and is now trading at $11.59.
View the best growth stocks for 2024 here
.

Are investors shorting Advent Convertible and Income Fund?

Advent Convertible and Income Fund saw a drop in short interest in March. As of March 31st, there was short interest totaling 76,600 shares, a drop of 43.1% from the March 15th total of 134,600 shares. Based on an average daily trading volume, of 115,900 shares, the days-to-cover ratio is presently 0.7 days.
View Advent Convertible and Income Fund's Short Interest
.

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

Advent Convertible and Income Fund declared a monthly dividend on Monday, April 1st. Investors of record on Monday, April 15th will be paid a dividend of $0.117 per share on Tuesday, April 30th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 12.11%. The ex-dividend date of this dividend is Friday, April 12th.
Read our dividend analysis for AVK
.

Is Advent Convertible and Income Fund a good dividend stock?

Advent Convertible and Income Fund (NYSE:AVK) pays an annual dividend of $1.40 per share and currently has a dividend yield of 0.10%.
Read our dividend analysis for AVK.

What other stocks do shareholders of Advent Convertible and Income Fund own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Advent Convertible and Income Fund investors own include AGNC Investment (AGNC), Energy Transfer (ET), Gilead Sciences (GILD), AT&T (T), AbbVie (ABBV), ARMOUR Residential REIT (ARR), Enbridge (ENB), General Electric (GE) and Altria Group (MO).

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

Advent Convertible and Income Fund's stock is owned by many different institutional and retail investors. Top institutional investors include Raymond James Financial Services Advisors Inc. (0.00%), Raymond James & Associates (0.00%), Edmonds Duncan Registered Investment Advisors LLC (0.00%), Wealth Enhancement Advisory Services LLC (0.00%), Stolper Co (0.00%) and PFG Investments LLC (0.00%). Insiders that own company stock include Advent Capital Management /De/, Nancy E Stuebe, Randall C Barnes and Tracy V Maitland.
View institutional ownership trends
.

How do I buy shares of Advent Convertible and Income Fund?

Shares of AVK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:AVK) was last updated on 4/23/2024 by MarketBeat.com Staff

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