AVK
Price:
$11.87
Market Cap:
$434.46M
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.[Read more]
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 Current Ratio is 0.08. This represents a change of -91.54% compared to the average of 0.94 of the last 4 quarters.
The mean historical Current Ratio of Advent Convertible and Income Fund over the last ten years is 1.15. The current 0.08 Current Ratio has changed 591.58% 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 January 2021 quarter at 0.05.
Average
1.15
Median
0.86
Minimum
0
Maximum
3.62
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 = 1.65%
Maximum Annual Current Ratio = 3.62
Minimum Annual Increase = -100.00%
Minimum Annual Current Ratio = 0
Year | Current Ratio | Change |
---|---|---|
2023 | 0 | -100.00% |
2022 | 3.62 | 111.06% |
2021 | 1.72 | 204.33% |
2020 | 0.56 | -51.61% |
2019 | 1.16 | -10.87% |
2018 | 1.31 | -50.13% |
2017 | 2.62 | 1.65% |
2016 | 0.15 | -4.53% |
2015 | 0.16 | -33.06% |
2014 | 0.23 | -51.25% |
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
1.78
5-year avg
1.41
10-year avg
1.15
Advent Convertible and Income Fund’s Current Ratio is less than Nuveen Short Duration Credit Opportunities Fund (0.73), greater than Nuveen Global High Income Fund (0), less than Nuveen Senior Income Fund (1.46), greater than Blackstone/GSO Strategic Credit Fund (0), greater than Thornburg Income Builder Opportunities Trust (0), greater than Western Asset Diversified Income Fund (0), greater than Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (0), greater than Cohen & Steers Real Estate Opportunities Income Fund (0), greater than Legg Mason BW Global Income Opportunities Fund Inc. (0), greater than Western Asset Global High Income Fund Inc. (0.06), less than Pioneer Floating Rate Fund, Inc. (1.07), less than Nuveen Core Equity Alpha Fund (40.42), less than BlackRock MuniHoldings Fund, Inc. (0.31), less than DTF Tax-Free Income 2028 Term Fund Inc. (1.46), greater than John Hancock Income Securities Trust (0), less than MFS Investment Grade Municipal Trust (3.11), less than Virtus Convertible & Income 2024 Target Term Fund (2.04), less than Nuveen Taxable Municipal Income Fund (0.10), greater than BlackRock Taxable Municipal Bond Trust (0), less than DWS Municipal Income Trust (0.52), less than Eaton Vance Senior Income Trust (0.27),
Company | Current Ratio | Market cap |
---|---|---|
0.73 | $116.99M | |
0 | $303.39M | |
1.46 | $177.61M | |
0 | $556.52M | |
0 | $530.31M | |
0 | $765.43M | |
0 | $339.28M | |
0 | $270.57M | |
0 | $140.72M | |
0.06 | $151.57M | |
1.07 | $121.52M | |
40.42 | $249.63M | |
0.31 | $635.08M | |
1.46 | $79.15M | |
0 | $133.59M | |
3.11 | $66.38M | |
2.04 | $167.75M | |
0.10 | $462.67M | |
0 | $1.01B | |
0.52 | $386.24M | |
0.27 | $111.63M |
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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?