Advent Convertible and Income Fund

Advent Convertible and Income Fundverified

AVK

Price:

$12.69

Market Cap:

$439.00M

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.

Industry

Asset Management - Income

IPO Date

2003-04-30

Stock Exchange

NYSE

Ticker

AVK

The Current Ratio as of December 2025 (TTM) for Advent Convertible and Income Fund (AVK) is 0.07

According to Advent Convertible and Income Fund’s latest financial reports and current stock price. The company's current Current Ratio is 0.07. This represents a change of -86.63% compared to the average of 0.54 of the last 4 quarters.

Advent Convertible and Income Fund (AVK) Historical Current Ratio (quarterly & annually)

How has AVK Current Ratio performed in the past?

The mean historical Current Ratio of Advent Convertible and Income Fund over the last ten years is 1.39. The current 0.07 Current Ratio has changed 417.87% 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.

Quarterly (TTM)
Annual

Average

1.39

Median

1.29

Minimum

0

Maximum

3.62

Advent Convertible and Income Fund (AVK) Current Ratio by Quarter and Year

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

Quarterly (TTM)
Annual
YearCurrent RatioChange
20241.27-33.57%
20231.92-47.01%
20223.62111.06%
20211.72Infinity%
20200-100.00%
20191.16-10.87%
20181.31-50.13%
20172.621.65%
20160.15-4.53%
20150.16-33.06%

Advent Convertible and Income Fund (AVK) Average Current Ratio

How has AVK Current Ratio performed in the past?

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

2.27

5-year avg

1.71

10-year avg

1.39

Advent Convertible and Income Fund (AVK) Current Ratio vs. Peers

How is AVK’s Current Ratio compared to its peers?

Advent Convertible and Income Fund’s Current Ratio is less than Eaton Vance Tax-Managed Buy-Write Income Fund (0.14), less than Nuveen Pennsylvania Quality Municipal Income Fund (0.12), less than BlackRock Floating Rate Income Strategies Fund, Inc. (0.50), greater than John Hancock Preferred Income Fund (0), less than Virtus Convertible & Income Fund (0.52), greater than Nuveen Multi-Asset Income Fund (0), greater than Crossmark Steward Global Equity Income Fund (0), greater than Calamos Global Dynamic Income Fund (0), less than Wells Fargo Advantage Funds - Allspring Income Opportunities Fund (1.89), less than Nuveen Variable Rate Preferred & Income Fund (0.44),

Build a custom stock screener for Advent Convertible and Income Fund (AVK) and other stocks

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:

Custom stock screener in Wisesheets

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.

Advent Convertible and Income Fund (AVK) and other stocks custom spreadsheet templates

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.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

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?