July 26, 2017 3:25 AM ET

Capital Markets

Company Overview of Advent Claymore Convertible Securities and Income Fund

Company Overview

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.

1271 Avenue of the Americas

45th Floor

New York, NY 10020

United States

Founded in 2003

Phone:

212-482-1600

Fax:

212-480-9655

Key Executives for Advent Claymore Convertible Securities and Income Fund

Chairman, Chief Executive Officer and President
Age: 57
Chief Financial Officer and Treasurer
Age: 50
Managing Director
Chief Compliance Officer and Secretary
Age: 49
Vice President of Portfolio Management and Research and Assistant Secretary
Compensation as of Fiscal Year 2017.

Advent Claymore Convertible Securities and Income Fund Key Developments

Advent Claymore Convertible Securities and Income Fund Declares Distribution for the Month of July 2017, Payable on July 31, 2017

Advent Claymore Convertible Securities and Income Fund declared distribution for the month of July 2017. For the month, the fund declared distribution of $0.1132 per unit. Payable on July 31, 2017. Record date is July 14, 2017 and ex-dividend date is July 12, 2017.

Advent Claymore Convertible Securities and Income Fund II Declares Distribution for the Month of May 2017, Payable on May 31, 2017

Advent Claymore Convertible Securities and Income Fund II declared distribution for the month of May 2017. For the month, the company declared distribution of $0.1116, payable on May 31, 2017 with record date and ex-dividend date as on May 15, 2017 and May 11, 2017 respectively. The distribution for AVK represents an increase of 18.8% over AVK’s prior distribution amounts. As of market close on April 28, 2017, the increased AVK distribution reflects an annualized distribution rate of approximately 8.4% of market price and 7.7% of NAV. The Board of Trustees of AVK believe that this increase in AVK’s distribution will benefit shareholders of AVK.

Advent Claymore Convertible Securities and Income Fund Announces March 2017 Distributions, Payable on March 31, 2017

Guggenheim Investments announced monthly distributions of $0.0939 on Advent Claymore Convertible Securities and Income Fund payable on March 31, 2017 with record date of March 15, 2017 and ex-dividend date of March 13, 2017.

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