Advent Convertible and Income Fund

Revision as of 19:23, 13 August 2022 by 103.126.60.198 (talk)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)

SummaryEdit

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.