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
According to Advent Convertible and Income Fund’s latest financial reports and current stock price. The company's current Enterprise Value is 788.98M. This represents a change of 3.22% compared to the average of 764.35M of the last 4 quarters.
The mean historical Enterprise Value of Advent Convertible and Income Fund over the last ten years is 752.01M. The current 788.98M Enterprise Value has changed 10.39% with respect to the historical average. Over the past ten years (40 quarters), AVK's Enterprise Value was at its highest in in the October 2021 quarter at 986.94M. The Enterprise Value was at its lowest in in the April 2012 quarter at 0.
Average
752.01M
Median
750.70M
Minimum
588.54M
Maximum
986.94M
Discovering the peaks and valleys of Advent Convertible and Income Fund Enterprise Value, 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 = 45.84%
Maximum Annual Enterprise Value = 986.94M
Minimum Annual Increase = -23.59%
Minimum Annual Enterprise Value = 588.54M
| Year | Enterprise Value | Change |
|---|---|---|
| 2024 | 747.30M | 7.46% |
| 2023 | 695.43M | -7.78% |
| 2022 | 754.10M | -23.59% |
| 2021 | 986.94M | 24.32% |
| 2020 | 793.89M | -11.49% |
| 2019 | 896.99M | 3.35% |
| 2018 | 867.95M | 45.84% |
| 2017 | 595.15M | 1.12% |
| 2016 | 588.54M | -0.88% |
| 2015 | 593.79M | -11.49% |
The current Enterprise Value of Advent Convertible and Income Fund (AVK) is greater than its 3-year, less than than its 5-year, and greater than its 10-year historical averages
3-year avg
732.28M
5-year avg
795.53M
10-year avg
752.01M
Advent Convertible and Income Fund’s Enterprise Value is greater than Eaton Vance Tax-Managed Buy-Write Income Fund (447.70M), greater than Nuveen Pennsylvania Quality Municipal Income Fund (773.33M), greater than BlackRock Floating Rate Income Strategies Fund, Inc. (558.29M), greater than John Hancock Preferred Income Fund (711.01M), greater than Virtus Convertible & Income Fund (447.49M), greater than Nuveen Multi-Asset Income Fund (645.58M), greater than Crossmark Steward Global Equity Income Fund (0), greater than Calamos Global Dynamic Income Fund (600.30M), greater than Wells Fargo Advantage Funds - Allspring Income Opportunities Fund (595.13M), greater than Nuveen Variable Rate Preferred & Income Fund (762.10M),
| Company | Enterprise Value | Market cap |
|---|---|---|
| 447.70M | $447.38M | |
| 773.33M | $449.59M | |
| 558.29M | $420.31M | |
| 711.01M | $453.91M | |
| 447.49M | $348.84M | |
| 645.58M | $444.56M | |
| 0 | $452.55M | |
| 600.30M | $469.40M | |
| 595.13M | $406.56M | |
| 762.10M | $475.55M |
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What is the Enterprise Value?
How can you use the Enterprise Value?
What is Advent Convertible and Income Fund's Enterprise Value?
What is the highest Enterprise Value for Advent Convertible and Income Fund (AVK)?
What is the 3-year average Enterprise Value for Advent Convertible and Income Fund (AVK)?
What is the 5-year average Enterprise Value for Advent Convertible and Income Fund (AVK)?
How does the current Enterprise Value for Advent Convertible and Income Fund (AVK) compare to its historical average?