The Technical Analyst
Advent Convertible and [AVK]
Exchange: NYSE Sector: Financial Services Industry: Asset Management
Advent Convertible and Price, Forecast, Insider, Ratings, Fundamentals & Signals
0.25% 12.14
America/New_York / 8 mai 2024 @ 16:00
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 419.97 mill |
| EPS: | -0.190 |
| P/E: | -63.89 |
| Earnings Date: | Sep 27, 2024 |
| SharesOutstanding: | 34.59 mill |
| Avg Daily Volume: | 0.111 mill |
| RATING 2024-05-08 |
|---|
| C |
| Sell |
| RATINGS | ||
|---|---|---|
| Rating CashFlow: | Strong Sell | |
| Return On Equity: | Strong Sell | |
| Return On Asset: | Strong Sell | |
| DE: | Buy | |
| P/E: | Strong Sell | |
| Price To Book: | Neutral |
| QUARTER GROWTHS | ||||||
|---|---|---|---|---|---|---|
| 2/22 | 3/22 | 4/22 | 1/23 | 2/23 | 4/23 | |
| Revenue | n/a | n/a | ||||
| Gr.Profit | n/a | n/a | ||||
| Ebit | n/a | n/a | ||||
| Asset | n/a | n/a | ||||
| Debt | n/a | n/a |
| PE RATIO: COMPANY / SECTOR |
|---|
| 0.00x |
| Company: PE -63.89 | sector: PE 9.91 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| -3.19x |
| Company: PE -63.89 | industry: PE 20.04 |
| DISCOUNTED CASH FLOW VALUE |
|---|
|
-10.12 (-183.37%) -22.26 |
| Date: 2024-05-09 |
| Expected Trading Range (DAY) |
|---|
|
11.95 - 12.33 ( +/- 1.57%) |
| ATR Model: 14 days |
Insider Trading
| Date | Person | Action | Amount | type |
|---|---|---|---|---|
| 2024-05-02 | Stuebe Nancy E. | Buy | 500 | Common Stock |
| 2024-02-02 | Stuebe Nancy E. | Buy | 400 | Common Stock |
| 2023-12-20 | Maitland Tracy V | Sell | 7 163 | Common Stock |
| 2023-11-08 | Stuebe Nancy E. | Buy | 400 | Common Stock |
| 2023-08-02 | Stuebe Nancy E. | Buy | 375 | Common Stock |
| INSIDER POWER |
|---|
| -94.93 |
| Last 97 transactions |
| Buy: 487 116 | Sell: 510 951 |
Live Trading Signals (every 1 min)
Forecast
1: 16:00 - 12.12
Forecast 2: 16:00 - 12.12
Forecast 3: 16:00 - 12.12
SCORE
10.00
Buy
10.00
Buy
Score Algorithm Version: 1.2C
Last version updated: Fri April 15th, 2022
Last version updated: Fri April 15th, 2022
| Indicator Signals | |
|---|---|
| RSI 21 | |
| SMA | |
| Trend | |
| Trend 2 | |
| Trend 3 | |
| MACD |
| Volume Signals | |
|---|---|
| Price | 12.14 (0.25% ) |
| Volume | 0.0992 mill |
| Avg. Vol. | 0.111 mill |
| % of Avg. Vol | 89.35 % |
| Signal 1: | |
| Signal 2: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For AVK
0 Signals | Accuracy: 0.00% | Accuracy Buy: 0.00% | Accuracy Sell: 0.00%
Avg return buy: 0.00 % | Avg return sell: 0.00 %
$1 invested is now $1.00 or 0.00% since Coming Soon
| Date | Signal | @ | Closed | % |
|---|
AVK
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.
Last 10 Buy Signals
Latest Press Releases
2024-04-01 16:30:00 - Press Release
Guggenheim Investments Announces April 2024 Closed-end Fund Distributions
New york, april 01, 2024 (globe newswire) -- guggenheim investments today announced that certain closed-end funds have declared their distributions. the table below summarizes the distribution schedule for each closed-end fund (collectively, the “funds” and each, a “fund”).
2024-03-01 16:30:00 - Press Release
Guggenheim Investments Announces March 2024 Closed-end Fund Distributions
New york, march 01, 2024 (globe newswire) -- guggenheim investments today announced that certain closed-end funds have declared their distributions. the table below summarizes the distribution schedule for each closed-end fund (collectively, the “funds” and each, a “fund”).
2024-02-01 16:30:00 - Press Release
Guggenheim Investments Announces February 2024 Closed-end Fund Distributions
New york, feb. 01, 2024 (globe newswire) -- guggenheim investments today announced that certain closed-end funds have declared their distributions. the table below summarizes the distribution schedule for each closed-end fund (collectively, the “funds” and each, a “fund”).
2024-01-02 16:30:00 - Press Release
Guggenheim Investments Announces January 2024 Closed-end Fund Distributions
New york, jan. 02, 2024 (globe newswire) -- guggenheim investments today announced that certain closed-end funds have declared their distributions. the table below summarizes the distribution schedule for each closed-end fund (collectively, the “funds” and each, a “fund”).
2023-12-01 16:30:00 - Press Release
Guggenheim Investments Announces December 2023 Closed-end Fund Distributions
New york, dec. 01, 2023 (globe newswire) -- guggenheim investments today announced that certain closed-end funds have declared their distributions. the table below summarizes the distribution schedule for each closed-end fund (collectively, the “funds” and each, a “fund”).
Latest News
2024-04-02 10:30:00 - Forbes
These ‘Chameleon' 9%+ Dividends Will Be The Income Play Of The Decade
Let's talk about convertibles for a second—but not the car with a removable top that everyone thinks of when they hear that word: I'm talking about convertible bonds.
2024-03-13 08:02:55 - Seeking Alpha
CEF Insights: Advent's Convertible And High-Yield Strategy And Outlook
Market volatility remains a concern despite steady economic conditions, making convertible securities and high-yield bonds like the Advent Convertible and Income Fund potentially attractive to investors. Gain insight into AVK's strategy, performance, and outlook from Tony Huang, Portfolio Manager at Advent Capital Management, a leader in managing convertible securities. Advent Capital Management is the Investment Adviser of AVK, a closed-end fund which aims to provide total return through a combination of capital appreciation and current income.
2024-02-13 05:16:46 - Seeking Alpha
AVK: Extended High Beta Convertibles Fund
Equity markets are reaching new highs, but history suggests a potential pullback. The Advent Claymore Convertible Securities & Income Fund is a high beta name with a high leverage ratio. The CEF contains a large convertibles sleeve and a high yield bond, one utilized to support the dividend.
2023-12-26 10:06:00 - Forbes
Think You Can't Retire? These 7%+ Dividends Say Otherwise
Let's go ahead and use the quickest, most reliable strategy I know of to kickstart a reliable 7% income stream that rolls our way every month.
2023-11-10 17:35:32 - Seeking Alpha
AVK: Good Concept, But Risky
The Advent Convertible & Income Fund offers a high yield of 14.12% and invests heavily in convertible securities, providing potential for capital appreciation. The AVK closed-end fund's YTD performance has been disappointing compared to the S&P 500, but distributions have offset the share price decline. The AVK fund's leverage of 47.44% increases volatility and poses risks, and its distribution may not be sustainable, potentially leading to a cut.
2023-08-30 12:52:39 - Seeking Alpha
AVK: Income Rising, But Leverage Remains Elevated
Advent Convertible & Income Fund has seen an increase in income generation but also elevated leverage, making it a riskier fund. The fund's distribution rate is high, hindering appreciation on the NAV level, which causes the leverage ratio to remain elevated, too. AVK's portfolio consists primarily of exposure to convertibles and high-yield securities, but it also has a relatively smaller weighting to the tech sector.
2023-05-30 18:09:45 - Seeking Alpha
AVK: Getting Closer To A More Attractive Valuation
Advent Convertible & Income Fund's discount has widened, making it more appealing, but it remains above its longer-term average. The fund's distribution yield is high at 12.69%, but the NAV rate is also elevated, which could be hard to earn. The environment for convertibles is becoming more attractive, with higher rates leading to higher yields being required when issued.
2023-05-25 01:17:25 - Seeking Alpha
CEF Insights: Convertible Securities Benefits And Opportunities In Today's Challenging Market
Convertible securities offer attractive yields with low duration while providing investors with the ability to participate in the potential for equity market returns. Advent Capital Management Partner and Senior Advisor, Barry Nelson, discusses opportunities in this sector.
2023-01-30 17:08:27 - Seeking Alpha
AVK: Discount Loosening Up
We last looked at AVK around 8 months ago when a reader asked my thoughts. Since then, the fund's discount has opened up a bit further, but it still isn't appealing.
2022-10-31 18:18:20 - Seeking Alpha
AVK: Highly Leveraged Convertibles CEF, 12% Yield
The Advent Claymore Convertible Securities & Income Fund - AVK - is a closed end fund focused on high yield and convertible securities. The high leverage the fund runs makes it volatile, with the 5-year standard deviation for AVK at 19.8.