Advent Claymore Convertible Securities &ome Fu (Advent Claymore Convertible Securities &ome Fu) 12-1 Month Momentum % : N/A% (As of May. 25, 2024)

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What is Advent Claymore Convertible Securities &ome Fu 12-1 Month Momentum %?

12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-05-25), Advent Claymore Convertible Securities &ome Fu's 12-1 Month Momentum % is N/A%.

The industry rank for Advent Claymore Convertible Securities &ome Fu's 12-1 Month Momentum % or its related term are showing as below:

AGC's 12-1 Month Momentum % is not ranked ^*
in the Asset Management industry.
Industry Median: 2.635
* Ranked among companies with meaningful 12-1 Month Momentum % only.

Competitive Comparison of Advent Claymore Convertible Securities &ome Fu's 12-1 Month Momentum %

For the Asset Management subindustry, Advent Claymore Convertible Securities &ome Fu's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 Month Momentum % 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 12-1 Month Momentum % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Advent Claymore Convertible Securities &ome Fu's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Advent Claymore Convertible Securities &ome Fu's 12-1 Month Momentum % falls into.

Advent Claymore Convertible Securities &ome Fu (NYSE:AGC) 12-1 Month Momentum % Calculation

12-1 Month Momentum % is calculated as following:

12-1 Month Momentum %

( Price 1-month ago

Price 12-month ago

- 1 )

100 %

* 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.

Advent Claymore Convertible Securities &ome Fu (NYSE:AGC) 12-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 12-1 Month Momentum % measures the total return to a stock over the past twelve months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.

Advent Claymore Convertible Securities &ome Fu 12-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of Advent Claymore Convertible Securities &ome Fu's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.

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

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Advent Claymore Convertible Securities & Income Fu (NYSE:AGC) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.guggenheiminvestments.com

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