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 Dividend Yield as of December 2025 (TTM) for Advent Convertible and Income Fund (AVK) is 11.08%

According to Advent Convertible and Income Fund’s latest financial reports and current stock price. The company's current Dividend Yield is 11.08%. This represents a change of 44.28% compared to the average of 7.68% of the last 4 quarters.

Advent Convertible and Income Fund (AVK) Historical Dividend Yield (quarterly & annually)

How has AVK Dividend Yield performed in the past?

The mean historical Dividend Yield of Advent Convertible and Income Fund over the last ten years is 10.61%. The current 11.08% Dividend Yield has changed 4.41% with respect to the historical average. Over the past ten years (40 quarters), AVK's Dividend Yield was at its highest in in the April 2025 quarter at 12.65%. The Dividend Yield was at its lowest in in the October 2016 quarter at 0.00%.

Quarterly (TTM)
Annual

Average

10.61%

Median

8.78%

Minimum

6.55%

Maximum

23.54%

Advent Convertible and Income Fund (AVK) Dividend Yield by Quarter and Year

Discovering the peaks and valleys of Advent Convertible and Income Fund Dividend Yield, 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 = 221.64%

Maximum Annual Dividend Yield = 23.54%

Minimum Annual Increase = -40.42%

Minimum Annual Dividend Yield = 6.55%

Quarterly (TTM)
Annual
YearDividend YieldChange
202411.13%-20.66%
202314.02%-40.42%
202223.54%221.64%
20217.32%-29.14%
202010.33%8.59%
20199.51%45.17%
20186.55%-15.39%
20177.74%-3.74%
20168.04%0.86%
20157.97%22.72%

Advent Convertible and Income Fund (AVK) Average Dividend Yield

How has AVK Dividend Yield performed in the past?

The current Dividend Yield 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

16.23%

5-year avg

13.27%

10-year avg

10.61%

Advent Convertible and Income Fund (AVK) Dividend Yield vs. Peers

How is AVK’s Dividend Yield compared to its peers?

Advent Convertible and Income Fund’s Dividend Yield is less than Eaton Vance Tax-Managed Buy-Write Income Fund (8.34%), less than Nuveen Pennsylvania Quality Municipal Income Fund (7.75%), less than BlackRock Floating Rate Income Strategies Fund, Inc. (12.51%), less than John Hancock Preferred Income Fund (8.74%), less than Virtus Convertible & Income Fund (10.57%), less than Nuveen Multi-Asset Income Fund (11.96%), less than Crossmark Steward Global Equity Income Fund (1.49%), less than Calamos Global Dynamic Income Fund (8.16%), less than Wells Fargo Advantage Funds - Allspring Income Opportunities Fund (9.32%), less than Nuveen Variable Rate Preferred & Income Fund (10.21%),

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Frequently asked questions❓

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What is the 5-year average Dividend Yield for Advent Convertible and Income Fund (AVK)?

How does the current Dividend Yield for Advent Convertible and Income Fund (AVK) compare to its historical average?