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 ROE as of December 2025 (TTM) for Advent Convertible and Income Fund (AVK) is 10.74%

According to Advent Convertible and Income Fund’s latest financial reports and current stock price. The company's current ROE is 10.74%. This represents a change of 127.46% compared to the average of 4.72% of the last 4 quarters.

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

How has AVK ROE performed in the past?

The mean historical ROE of Advent Convertible and Income Fund over the last ten years is 3.39%. The current 10.74% ROE has changed 216.42% with respect to the historical average. Over the past ten years (40 quarters), AVK's ROE was at its highest in in the April 2021 quarter at 24.87%. The ROE was at its lowest in in the April 2022 quarter at -21.44%.

Quarterly (TTM)
Annual

Average

3.39%

Median

4.91%

Minimum

-39.82%

Maximum

27.26%

Advent Convertible and Income Fund (AVK) ROE by Quarter and Year

Discovering the peaks and valleys of Advent Convertible and Income Fund ROE, 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 = 482.12%

Maximum Annual ROE = 27.26%

Minimum Annual Increase = -1159.66%

Minimum Annual ROE = -39.82%

Quarterly (TTM)
Annual
YearROEChange
202419.93%-1159.66%
2023-1.88%-95.28%
2022-39.82%-246.05%
202127.26%290.18%
20206.99%-26.00%
20199.44%-425.89%
2018-2.90%-117.55%
201716.51%482.12%
20162.84%-163.92%
2015-4.44%-331.90%

Advent Convertible and Income Fund (AVK) Average ROE

How has AVK ROE performed in the past?

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

3-year avg

-7.26%

5-year avg

2.50%

10-year avg

3.39%

Advent Convertible and Income Fund (AVK) ROE vs. Peers

How is AVK’s ROE compared to its peers?

Advent Convertible and Income Fund’s ROE is less than Eaton Vance Tax-Managed Buy-Write Income Fund (9.50%), less than Nuveen Pennsylvania Quality Municipal Income Fund (6.40%), less than BlackRock Floating Rate Income Strategies Fund, Inc. (9.01%), less than John Hancock Preferred Income Fund (11.88%), less than Virtus Convertible & Income Fund (14.63%), less than Nuveen Multi-Asset Income Fund (12.25%), greater than Crossmark Steward Global Equity Income Fund (0%), less than Calamos Global Dynamic Income Fund (8.01%), less than Wells Fargo Advantage Funds - Allspring Income Opportunities Fund (8.26%), less than Nuveen Variable Rate Preferred & Income Fund (10.55%),

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