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Advent Convertible &ome Fund (Advent Convertible &ome Fund) Gross-Profit-to-Asset % : -7.16% (As of Oct. 2023)


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What is Advent Convertible &ome Fund Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Advent Convertible &ome Fund's annualized Gross Profit for the quarter that ended in Oct. 2023 was $-54.45 Mil. Advent Convertible &ome Fund's average Total Assets over the quarter that ended in Oct. 2023 was $760.71 Mil. Therefore, Advent Convertible &ome Fund's annualized Gross-Profit-to-Asset % for the quarter that ended in Oct. 2023 was -7.16%.


Advent Convertible &ome Fund Gross-Profit-to-Asset % Historical Data

The historical data trend for Advent Convertible &ome Fund's Gross-Profit-to-Asset % 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.

* Premium members only.

Advent Convertible &ome Fund Gross-Profit-to-Asset % Chart

Advent Convertible &ome Fund Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial 5.87 4.60 19.85 -18.32 -0.47

Advent Convertible &ome Fund Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.14 -22.47 -14.15 6.03 -7.16

Competitive Comparison of Advent Convertible &ome Fund's Gross-Profit-to-Asset %

For the Asset Management subindustry, Advent Convertible &ome Fund's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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 Convertible &ome Fund's Gross-Profit-to-Asset % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Advent Convertible &ome Fund's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Advent Convertible &ome Fund's Gross-Profit-to-Asset % falls into.



Advent Convertible &ome Fund Gross-Profit-to-Asset % Calculation

Advent Convertible &ome Fund's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Oct. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Oct. 2023 )/( (Total Assets (A: Oct. 2022 )+Total Assets (A: Oct. 2023 ))/ count )
=-3.531/( (783.343+733.496)/ 2 )
=-3.531/758.4195
=-0.47 %

Advent Convertible &ome Fund's annualized Gross-Profit-to-Asset % for the quarter that ended in Oct. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Oct. 2023 )/( (Total Assets (Q: Apr. 2023 )+Total Assets (Q: Oct. 2023 ))/ count )
=-54.454/( (787.918+733.496)/ 2 )
=-54.454/760.707
=-7.16 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is two times the semi-annual (Oct. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Advent Convertible &ome Fund Gross-Profit-to-Asset % Related Terms

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Advent Convertible &ome Fund (Advent Convertible &ome Fund) Business Description

Traded in Other Exchanges
N/A
Address
888 Seventh Avenue, 31st Floor, New York, NY, USA, 10019
Advent Convertible & Income Fund is a diversified, closed-end management investment company. The fund's investment objective is to provide total return through a combination of capital appreciation and current income. The Fund invests in various sectors, such as communications, utilities, energy, industrial, technology, and others.
Executives
Tracy V Maitland officer: President, other: Trustee 10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Nancy E. Stuebe director, other: Trustee 227 W MONROE STREET, CHICAGO IL 60606
Advent Capital Management /de/ other: Investment Manager 888 SEVENTH AVENUE, 31ST FLOOR, NEW YORK NY 10019
Stephen Ellwood officer: CCO & Secretary 888 SEVENTH STREET, 31ST FLOOR, NEW YORK NY 10019
Olin Kathleen Capital Management officer: CCO and Secretary 888 7TH AVENUE 31ST FLOOR, NEW YORK NY 10019
Randall C Barnes director, other: Trustee 2455 CORPORATE WEST DRIVE, LISLE IL 60187
Gerald L Seizert director, other: Trustee 10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Michael A Smart other: Trustee 10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Derek Medina director ABC NEWS, 47 WEST 66TH STREET, NEW YORK NY 100123
Tony Huang officer: V.P. & Assistant Secretary 227 WEST MONROE STREET, CHICAGO IL 60606
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
Daniel Black director, other: Trustee C/O ADVENT CAPITAL MANAGEMENT, LLC, 1065 AVENUE OF THE AMERICAS, 31ST FLOOR, NEW YORK NY 10018
Ronald Nyberg director 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

Advent Convertible &ome Fund (Advent Convertible &ome Fund) Headlines