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Advent Claymore Convertible Securities &ome Fu (Advent Claymore Convertible Securities &ome Fu) Net Debt Paydown Yield % : 0.00% (As of May. 25, 2024)


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What is Advent Claymore Convertible Securities &ome Fu Net Debt Paydown Yield %?

Net Debt Paydown Yield % is a metric that evaluates the total amount of debt a company has paid in relation to its market capitalization. It is a measure of a company's willingness and ability to reduce its debt. Advent Claymore Convertible Securities &ome Fu does not have enough data to calculate Net Debt Paydown Yield %.


Advent Claymore Convertible Securities &ome Fu Net Debt Paydown Yield % Historical Data

The historical data trend for Advent Claymore Convertible Securities &ome Fu's Net Debt Paydown Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Advent Claymore Convertible Securities &ome Fu Net Debt Paydown Yield % Chart

Advent Claymore Convertible Securities &ome Fu Annual Data
Trend Oct17
Net Debt Paydown Yield %
-

Advent Claymore Convertible Securities &ome Fu Semi-Annual Data
Oct17 Apr18
Net Debt Paydown Yield % - -

Competitive Comparison of Advent Claymore Convertible Securities &ome Fu's Net Debt Paydown Yield %

For the Asset Management subindustry, Advent Claymore Convertible Securities &ome Fu's Net Debt Paydown Yield %, along with its competitors' market caps and Net Debt Paydown Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Advent Claymore Convertible Securities &ome Fu's Net Debt Paydown Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Advent Claymore Convertible Securities &ome Fu's Net Debt Paydown Yield % distribution charts can be found below:

* The bar in red indicates where Advent Claymore Convertible Securities &ome Fu's Net Debt Paydown Yield % falls into.



Advent Claymore Convertible Securities &ome Fu Net Debt Paydown Yield % Calculation

Advent Claymore Convertible Securities &ome Fu's Net Debt Paydown Yield % for the quarter that ended in Apr. 2018 is calculated as:

Net Debt Paydown Yield %
=( TTM Average Debt   (1-Year Ago))-TTM Average Debt )/Market Cap
=( - )/0
=N/A %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* All the data are calculated by TTM values. Note that if a companies is traded in several exchanges, then we calculate the company level data for Net Debt Paydown Yield % using the primary share class stock data. The calculation result in definition page is for demonstration purpose only, and it's showing the share class level data. Therefore, the numbers in the calculation may differ from elsewhere if the stock is not a primary share.


Advent Claymore Convertible Securities &ome Fu  (NYSE:AGC) Net Debt Paydown Yield % Explanation

Net Debt Paydown Yield % is the change in average of four quarters of company's total debt over a company's market cap. Assuming the total value of a company remains that same, shareholder value is increased as debt is reduced. In other words, it is a measure of the willingness and ability of a firm's management to pay down debt. Companies that have high debt paydown yields indicate that they are more aggressive with paying down debt.

In the calculation of Net Debt Paydown Yield %, we use the reductions of TTM average total debt one-year-ago and TTM average total debt at present, divided by its Market Cap.

We calculating the TTM average debt by adding up the total debt, calculated by the sum of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation, in the trailing twelve months(TTM) divided by the counts of the total debt, accoring to the company's report frequency.


Advent Claymore Convertible Securities &ome Fu Net Debt Paydown Yield % Related Terms

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Advent Claymore Convertible Securities &ome Fu (Advent Claymore Convertible Securities &ome Fu) Business Description

Traded in Other Exchanges
N/A
Address
Advent Claymore Convertible Securities & Income Fund of Benefical Interest, formerly known as Advent/claymore Gl Convrtbl Sec & Inc Fd is a diversified, closed-end management investment company. Its investment objective is to provide total return, through a combination of capital appreciation and current income.
Executives
Advent Capital Management /de/ other: Investment Manager 888 SEVENTH AVENUE, 31ST FLOOR, NEW YORK NY 10019
Tracy V Maitland director, officer: Chairman, President & CEO, other: Trustee 10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Tony Huang officer: V.P. & Assistant Secretary 227 WEST MONROE STREET, CHICAGO IL 60606
Gerald L Seizert director, other: Trustee 10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Daniel Black director, other: Trustee C/O ADVENT CAPITAL MANAGEMENT, LLC, 1065 AVENUE OF THE AMERICAS, 31ST FLOOR, NEW YORK NY 10018
Paul Latronica other: Portfolio Manager 10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Randall C Barnes director, other: Trustee 2455 CORPORATE WEST DRIVE, LISLE IL 60187
Ronald Nyberg director, other: Trustee 10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Hart Woodson other: Portfolio Manager 2455 CORPORATE WEST DRIVE LISLE IL 60532
Michael A Smart director, other: Trustee 10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Doug Teresko other: Managing Director 1271 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10020
Citigroup Inc 10 percent owner 388 GREENWICH STREET, NEW YORK NY 10013
Blue Ridge Investments, L.l.c. 10 percent owner ONE BRYANT PARK, NEW YORK NY 10036

Advent Claymore Convertible Securities &ome Fu (Advent Claymore Convertible Securities &ome Fu) Headlines