Advent Claymore Convertible Securities and Income Fund (AVK)
AVK Price and Sentiment
AVK Latest news
Cogent is a great business, and we think that it is a great model for Lumen.
have looked at other CEFs that invest in convertible securities; AVK's 7.5% yield looks attractive if it can be sustained. I continue my series on CEFs looking beyond the yield.
The CEF market remains expensive and getting more expensive almost daily. Muni CEFs have joined taxables with an avg premium valuation.
Some Buy Options For Those Needing To Deploy Capital Shorter-Term
The convertibles sector had a tremendous 2020 on the back of a number of tailwinds such as outperformance in its sector tilts, high volatility, and falling rates. We take a look at the different options for investors in the sector across both open-end and closed-end funds.