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Advent/claymore Enhanced Growth &ome (Advent/claymore Enhanced Growth &ome) Selling, General, & Admin. Expense : $ Mil (TTM As of Apr. 2018)


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What is Advent/claymore Enhanced Growth &ome Selling, General, & Admin. Expense?

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Advent/claymore Enhanced Growth &ome's selling, general, & admin. expense for the six months ended in Apr. 2018 was $0.30 Mil. Advent/claymore Enhanced Growth &ome does not have enough years/quarters to calculate its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Apr. 2018.


Advent/claymore Enhanced Growth &ome Selling, General, & Admin. Expense Historical Data

The historical data trend for Advent/claymore Enhanced Growth &ome's Selling, General, & Admin. Expense 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/claymore Enhanced Growth &ome Selling, General, & Admin. Expense Chart

Advent/claymore Enhanced Growth &ome Annual Data
Trend Oct17
Selling, General, & Admin. Expense
0.75

Advent/claymore Enhanced Growth &ome Semi-Annual Data
Oct17 Apr18
Selling, General, & Admin. Expense - 0.30

Competitive Comparison of Advent/claymore Enhanced Growth &ome's Selling, General, & Admin. Expense

For the Asset Management subindustry, Advent/claymore Enhanced Growth &ome's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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 Enhanced Growth &ome's Selling, General, & Admin. Expense Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Advent/claymore Enhanced Growth &ome's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Advent/claymore Enhanced Growth &ome's Selling, General, & Admin. Expense falls into.



Advent/claymore Enhanced Growth &ome Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.


Advent/claymore Enhanced Growth &ome  (NYSE:LCM) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


Advent/claymore Enhanced Growth &ome Selling, General, & Admin. Expense Related Terms

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Advent/claymore Enhanced Growth &ome (Advent/claymore Enhanced Growth &ome) Business Description

Traded in Other Exchanges
N/A
Address
Advent/claymore Enhanced Growth & Income is a diversified, closed-end management investment company. Its investment objective is to seek current income and current gains from trading in securities, with a objective of long-term capital appreciation.
Executives
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
Investors, Llp Bulldog 10 percent owner PARK 80 WEST - PLAZA TWO, 250 PEHLE AVE. SUITE 708, SADDLE BROOK NJ 07663
Andrew Dakos 10 percent owner 250 PEHLE AVE., SUITE 708, SADDLE BROOK NJ 07663
Steven Samuels 10 percent owner 72 COLEYTOWN ROAD, WESTPORT CT 06882
Phillip Goldstein 10 percent owner 60 HERITAGE DRIVE, PLEASANTVILLE NY 10570
Tracy V Maitland director, officer: Chairman, CEO & President, other: Trustee 10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Randall C Barnes director, other: Trustee 2455 CORPORATE WEST DRIVE, LISLE IL 60187
Doug Teresko other: Managing Director 1271 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10020
Ronald Nyberg director, other: Trustee 10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Edward C Delk officer: CCO & Secy 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Michael A Smart director, other: Trustee 10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Robert Scott Schwartz officer: Chief Compliance Officer 1271 AVENUE OF THE AMERICAS, NEW YORK NY 10002
Derek Medina director, other: Trustee ABC NEWS, 47 WEST 66TH STREET, NEW YORK NY 100123
Richard Rosen other: Portfolio Manager 2455 CORPORATE WEST DRIVE, LISLE IL 60532

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