Advent Convertible and Income Fund

Advent Convertible and Income Fundverified

AVK

Price:

$11.08

Market Cap:

$383.30M

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 PE Ratio as of April 2025 (TTM) for Advent Convertible and Income Fund (AVK) is 4.07

According to Advent Convertible and Income Fund’s latest financial reports and current stock price. The company's current PE Ratio is 4.07. This represents a change of 921.78% compared to the average of 0.40 of the last 4 quarters.

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

How has AVK PE Ratio performed in the past?

The mean historical PE Ratio of Advent Convertible and Income Fund over the last ten years is 834.58. The current 4.07 PE Ratio has changed -51.23% with respect to the historical average. Over the past ten years (40 quarters), AVK's PE Ratio was at its highest in in the July 2019 quarter at 35.24K. The PE Ratio was at its lowest in in the January 2018 quarter at -92700.22.

Quarterly (TTM)
Annual

Average

834.58

Median

4.06

Minimum

-49.41

Maximum

8.41K

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

Discovering the peaks and valleys of Advent Convertible and Income Fund PE 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 = 1.98%

Maximum Annual PE Ratio = 8.41K

Minimum Annual Increase = -45299.49%

Minimum Annual PE Ratio = -49.41

Quarterly (TTM)
Annual
YearPE RatioChange
20244.61-109.34%
2023-49.411.98%
2022-2.37-167.73%
20213.50-71.17%
202012.1426.65%
20199.59-132.31%
2018-29.67-570.27%
20176.31-99.92%
20168.41K-45299.49%
2015-18.61-139.01%

Advent Convertible and Income Fund (AVK) Average PE Ratio

How has AVK PE Ratio performed in the past?

The current PE Ratio of Advent Convertible and Income Fund (AVK) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

-15.72

5-year avg

-6.30

10-year avg

834.58

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

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

Advent Convertible and Income Fund’s PE Ratio is greater than Nuveen Short Duration Credit Opportunities Fund (-13.96), less than Nuveen Global High Income Fund (6.50), greater than Nuveen Senior Income Fund (-16.47), less than Blackstone/GSO Strategic Credit Fund (7.38), less than Thornburg Income Builder Opportunities Trust (4.85), less than Western Asset Diversified Income Fund (10.33), less than Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (8.00), greater than Cohen & Steers Real Estate Opportunities Income Fund (0), less than Legg Mason BW Global Income Opportunities Fund Inc. (10.13), less than Western Asset Global High Income Fund Inc. (9.32), less than Pioneer Floating Rate Fund, Inc. (6.95), less than Nuveen Core Equity Alpha Fund (5.04), greater than BlackRock MuniHoldings Fund, Inc. (-47.93), less than DTF Tax-Free Income 2028 Term Fund Inc. (18.57), less than John Hancock Income Securities Trust (372.56), less than MFS Investment Grade Municipal Trust (39.49), greater than Virtus Convertible & Income 2024 Target Term Fund (0), less than Nuveen Taxable Municipal Income Fund (14.28), less than BlackRock Taxable Municipal Bond Trust (24.80), less than DWS Municipal Income Trust (32.25), less than Eaton Vance Senior Income Trust (10.28),

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