Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments.
Advent Convertible &ome Fund's 3-Year RORE % for the quarter that ended in Oct. 2025 was 279.30%.
AVK's 3-Year RORE % is ranked better than 94.71% of 1532
companies
in the Asset Management industry
Industry Median: 12.575
vs AVK: 279.30
Advent Convertible &ome Fund (NYSE:AVK) 3-Year RORE % Explanation
Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.
There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.
Be Aware
Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.
Advent Convertible &ome Fund 3-Year RORE % Related Terms
Advent Convertible &ome Fund 3-Year RORE % Historical Data
* 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.
For the Asset Management subindustry, Advent Convertible &ome Fund's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % 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 3-Year RORE % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Advent Convertible &ome Fund's 3-Year RORE % distribution charts can be found below:
* The bar in red indicates where Advent Convertible &ome Fund's 3-Year RORE % falls into.
* 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 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Oct. 2025 and 3-year before.
Advent Convertible &ome Fund (AVK) has a 3-Year RORE % of 279.30 as of Oct. 2025. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Advent Convertible &ome Fund and its competitors. According to the industry distribution chart, Advent Convertible &ome Fund ranks #81 out of 1532 companies in the Asset Management industry, placing it in the top 5.3%.
Is Advent Convertible &ome Fund's 3-Year RORE % too high?
Advent Convertible &ome Fund's current 3-Year RORE % is 279.30. The Asset Management industry median 3-Year RORE % is 12.58. Advent Convertible &ome Fund's value of 279.30 is 2121.1% above this industry median. Based on the distribution chart, Advent Convertible &ome Fund ranks #81 out of 1532 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Advent Convertible &ome Fund has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Advent Convertible &ome Fund's 3-Year RORE % compare to CHW and NML?
According to the Asset Management industry distribution chart, Advent Convertible &ome Fund ranks #81 out of 1532 companies for 3-Year RORE %. This places Advent Convertible &ome Fund in the top 5% of its industry — outperforming the majority of peers. The industry median 3-Year RORE % is 12.58. Advent Convertible &ome Fund's value of 279.30 is 2121.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year RORE % for an Asset Management company?
The median 3-Year RORE % among Asset Management companies is 12.58, based on 1,532 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year RORE % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year RORE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Advent Convertible &ome Fund's current 3-Year RORE % of 279.30 is 2121.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year RORE % mean?
A high 3-Year RORE % can signal that a stock is expensive relative to its fundamentals. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Advent Convertible &ome Fund and its competitors. For the Asset Management industry, the median 3-Year RORE % is 12.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Advent Convertible &ome Fund's current 3-Year RORE % is 279.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advent Convertible &ome Fund stock overvalued right now?
Advent Convertible &ome Fund (AVK) has a current 3-Year RORE % of 279.30. The current 3-Year RORE % is 279.30 and 2121.1% above the Asset Management industry median of 12.58. Advent Convertible &ome Fund's overall GF Score™ is 28/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year RORE % calculated?
3-Year RORE % is calculated from a company's financial statements. For Advent Convertible &ome Fund (AVK), the current 3-Year RORE % is 279.30 as of Oct. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
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.
28GF Score
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