AVK
Price:
$12.475
Market Cap:
$431.56M
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.
Industry
Asset Management - Income
IPO Date
2003-04-30
Stock Exchange
NYSE
Ticker
AVK
According to Advent Convertible and Income Fund’s latest financial reports and current stock price. The company's current Current Ratio is 0. This represents a change of -100.00% compared to the average of 0.06 of the last 4 quarters.
The mean historical Current Ratio of Advent Convertible and Income Fund over the last ten years is 1.38. The current 0 Current Ratio has changed -100.00% with respect to the historical average. Over the past ten years (40 quarters), AVK's Current Ratio was at its highest in in the October 2022 quarter at 3.62. The Current Ratio was at its lowest in in the April 2012 quarter at 0.
Average
1.38
Median
1.29
Minimum
0
Maximum
3.62
Discovering the peaks and valleys of Advent Convertible and Income Fund Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = Infinity%
Maximum Annual Current Ratio = 3.62
Minimum Annual Increase = -100.00%
Minimum Annual Current Ratio = 0
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 0 | -100.00% |
| 2024 | 1.27 | -33.57% |
| 2023 | 1.92 | -47.01% |
| 2022 | 3.62 | 111.06% |
| 2021 | 1.72 | Infinity% |
| 2020 | 0 | -100.00% |
| 2019 | 1.16 | -10.87% |
| 2018 | 1.31 | -50.13% |
| 2017 | 2.62 | 1.65% |
| 2016 | 0.15 | -4.53% |
The current Current Ratio of Advent Convertible and Income Fund (AVK) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.06
5-year avg
1.71
10-year avg
1.38
Advent Convertible and Income Fund’s Current Ratio is less than Eaton Vance Tax-Managed Buy-Write Income Fund (0), less than Nuveen Pennsylvania Quality Municipal Income Fund (8.86), less than BlackRock Floating Rate Income Strategies Fund, Inc. (519.55), less than John Hancock Preferred Income Fund (0), less than Virtus Convertible & Income Fund (0.72), less than Nuveen Multi-Asset Income Fund (0.43), less than Steward Global Equity Income Fund - Class A (0), less than Calamos Global Dynamic Income Fund (0), less than Wells Fargo Advantage Funds - Allspring Income Opportunities Fund (2.45), less than Nuveen Variable Rate Preferred & Income Fund (0),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0 | $443.41M | |
| 8.86 | $447.73M | |
| 519.55 | $386.24M | |
| 0 | $428.27M | |
| 0.72 | $386.69M | |
| 0.43 | $447.57M | |
| 0 | $490.75M | |
| 0 | $551.47M | |
| 2.45 | $380.55M | |
| 0 | $452.59M |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Advent Convertible and Income Fund using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Advent Convertible and Income Fund or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is Advent Convertible and Income Fund's Current Ratio?
How is the Current Ratio calculated for Advent Convertible and Income Fund (AVK)?
What is the highest Current Ratio for Advent Convertible and Income Fund (AVK)?
What is the 3-year average Current Ratio for Advent Convertible and Income Fund (AVK)?
What is the 5-year average Current Ratio for Advent Convertible and Income Fund (AVK)?
How does the current Current Ratio for Advent Convertible and Income Fund (AVK) compare to its historical average?