Is Advent Convertible and Income Fund (AVK) a Buy, Sell, or Hold?
NYSE : AVK
Advent Convertible and Income Fund
$12.53 USD
-$0.03 (-0.24%)
- Volume
- 171.06K
- Average Volume
- 139.81K
- Market Capitalization
- $433.46M
- P/E Ratio
- 3.81
- Dividend Yield
- 11.22%
- Price Target
- Year High
- $13.28
- Year Low
- $10.77
- Day High
- —
- Day Low
- —
- Payout Ratio
- $0.39
- Current Ratio
- $0.55
Company Overview
NYSE
Tracy Vincent Maitland
Asset Management - Income
Financial Services
AVK
N/A
US
USD
Liquidity Metrics
0.59
0.55
0.55
0.03
0.39
Sales & Valuation
$102.06M
3.92
0.93
48.01
0.20
Profitability
$2.69
$118.64M
131.10%
131.10%
24.48%
15.03%
P/E Metrics
3.81
0.04
0.04
Analyst Price Target & Rating
4/5
0 Analysts
%
Financial Health Scores
1.70
6/9
-$86.28M
$965.7M
$371.21M
$225.44M
Key Metrics (TTM)
$777.36M
7.02
5.39
0.55
24.48%
16.68%
26.21%
2.08%
$31.56
-634 days
Company Executives
| Name | Title |
|---|---|
| Anthony Hart Woodson | Managing Director and Portfolio Manager |
| Paul L. Latronica | Managing Director |
| Robert John White | Chief Financial Officer and Treasurer |
| Stephen Comer Ellwood | Chief Compliance Officer & Secretary |
| Tracy Vincent Maitland | Chairman, President & Chief Executive Officer |
Poll Results
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About Advent Convertible and Income Fund (NYSE:AVK) Stock
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. ...
CEF Insights: AVK - Interesting Complement For An Income Investor Portfolio
2026-06-27 03:59:12
Tony Huang of Advent Capital Management shares how the Advent Convertible and Income Fund (AVK) combines convertible and high-yield securities to pursue income and total return potential. Discover how corporate profit growth, AI-driven demand, rising equity volatility, and improving high-yield credit quality are shaping opportunities across the portfolio. And gain insight on AVK's current positioning, recent performance context, and key risks Advent is monitoring in today's market environment.
Guggenheim Investments Announces June 2026 Closed-End Fund Distributions
2026-06-01 16:45:00
NEW YORK, June 01, 2026 (GLOBE NEWSWIRE) -- Guggenheim Investments today announced that certain closed-end funds have declared their distributions. The table below summarizes the distribution schedule for each closed-end fund (collectively, the “Funds” and each, a “Fund”).
AVK: Offers A Double-Digit Yield At A Discounted Valuation
2026-05-16 06:25:36
Advent Convertible and Income Fund maintains a buy rating due to its attractive 8.32% discount to NAV and robust 10.9% dividend yield. AVK's strategy blends convertible securities, high-yield debt, and equities, prioritizing income over growth, making it ideal for income-focused investors. Net investment income has been flat at $0.38 per share for three years, with NAV growth primarily driven by net realized gains rather than organic income expansion.
Guggenheim Investments Announces May 2026 Closed-End Fund Distributions
2026-05-01 16:45:00
NEW YORK, May 01, 2026 (GLOBE NEWSWIRE) -- Guggenheim Investments today announced that certain closed-end funds have declared their distributions. The table below summarizes the distribution schedule for each closed-end fund (collectively, the “Funds” and each, a “Fund”).
Frequently Asked Questions
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What is the current Advent Convertible and Income Fund (AVK) stock price?
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Advent Convertible and Income Fund(NYSE:AVK) stock price is $12.53 in the last trading session. During the trading session, AVK stock reached the peak price of $13.28 while $10.77 was the lowest point it dropped to. The percentage change in AVK stock occurred in the recent session was --0.24% while the dollar amount for the price change in AVK stock was -$0.03.
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AVK's industry and sector of operation?
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The NYSE listed AVK is part of Asset Management - Income industry that operates in the broader Financial Services sector.
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Who are the executives of AVK?
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Anthony Hart Woodson | Managing Director and Portfolio Manager
Paul L. Latronica | Managing Director
Robert John White | Chief Financial Officer and Treasurer
Stephen Comer Ellwood | Chief Compliance Officer & Secretary
Tracy Vincent Maitland | Chairman, President & Chief Executive Officer -
How many employees does AVK have?
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Number of AVK employees currently stands at None. AVK operates from 888 Seventh Avenue, New York City, NY 10019, US.
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Link for AVK official website?
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Official Website of AVK is: https://www.guggenheimfunds.com/cef/fund/avk
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How do I contact AVK?
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AVK could be contacted at phone #212-482-1600 and can also be accessed through its website. AVK operates from 888 Seventh Avenue, New York City, NY 10019, US.
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How many shares of AVK are traded daily?
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The average number of AVK shares traded daily for last 3 months was 139.81K.
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What is the market cap of AVK currently?
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The market value of AVK currently stands at $433.46M with its latest stock price at $12.53