AVK (Advent Convertible &ome Fund) Shares Outstanding (Basic Average): 43.5 Mil (As of Oct. 2025)


AVK Advent Convertible & Income Fund AVK
28 GF Score
Price $12.71
! 5 Warning Signs
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What is Advent Convertible &ome Fund Shares Outstanding (Basic Average)?

Advent Convertible &ome Fund AVK -0.94% 28 Shares Outstanding (Basic Average) is 43.5 Mil as of Oct. 2025. GuruFocus rates AVK with a GF Score™ of 28/100. The stock has 5 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Advent Convertible &ome Fund's average basic shares outstanding for the quarter that ended in Oct. 2025 was 43.5 Mil.

Advent Convertible &ome Fund  (NYSE:AVK) Shares Outstanding (Basic Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.

Advent Convertible &ome Fund Shares Outstanding (Basic Average) Related Terms

Advent Convertible &ome Fund Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for Advent Convertible &ome Fund's Shares Outstanding (Basic Average) 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.

Advent Convertible &ome Fund Shares Outstanding (Basic Average) Chart

Advent Convertible &ome Fund Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only 35.17 35.16 37.65 39.16 44.11

Advent Convertible &ome Fund Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25
Shares Outstanding (Basic Average) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 39.86 35.44 42.87 44.71 43.50
AVK
28GF Score
Advent Convertible & Income Fund AVK
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Advent Convertible &ome Fund Shares Outstanding (Basic Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (Basic Average) of 43.5 Mil mean?
Advent Convertible &ome Fund (AVK) has a Shares Outstanding (Basic Average) of 43.5 Mil as of Oct. 2025. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Advent Convertible &ome Fund and its competitors.
Is Advent Convertible &ome Fund's Shares Outstanding (Basic Average) too high?
Advent Convertible &ome Fund's current Shares Outstanding (Basic Average) is 43.5 Mil. 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 Shares Outstanding (Basic Average) compare to ETJ and CHW?
Advent Convertible &ome Fund's Shares Outstanding (Basic Average) of 43.5 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (Basic Average) for an Asset Management company?
A good Shares Outstanding (Basic Average) depends on the Asset Management industry context. However, Shares Outstanding (Basic Average) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Advent Convertible &ome Fund and its competitors. Advent Convertible &ome Fund's current Shares Outstanding (Basic Average) is 43.5 Mil. 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 Shares Outstanding (Basic Average) of 43.5 Mil. The current Shares Outstanding (Basic Average) is 43.5 Mil. 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 Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For Advent Convertible &ome Fund (AVK), the current Shares Outstanding (Basic Average) is 43.5 Mil 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 &ome Fund Business Description

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.
28GF Score

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Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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