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Advent Claymore Convertible Securities &ome Fu (Advent Claymore Convertible Securities &ome Fu) 5-Year Yield-on-Cost % : 2.05 (As of May. 11, 2024)


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What is Advent Claymore Convertible Securities &ome Fu 5-Year Yield-on-Cost %?

Advent Claymore Convertible Securities &ome Fu's yield on cost for the quarter that ended in Apr. 2018 was 2.05.


The historical rank and industry rank for Advent Claymore Convertible Securities &ome Fu's 5-Year Yield-on-Cost % or its related term are showing as below:

AGC' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 4.91
Current: 2.05


During the past 1 years, Advent Claymore Convertible Securities &ome Fu's highest Yield on Cost was 4.91. The lowest was 0.00. And the median was 0.00.


AGC's 5-Year Yield-on-Cost % is not ranked
in the Asset Management industry.
Industry Median: 5.935 vs AGC: 2.05

Competitive Comparison of Advent Claymore Convertible Securities &ome Fu's 5-Year Yield-on-Cost %

For the Asset Management subindustry, Advent Claymore Convertible Securities &ome Fu's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Advent Claymore Convertible Securities &ome Fu's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Advent Claymore Convertible Securities &ome Fu's 5-Year Yield-on-Cost % falls into.



Advent Claymore Convertible Securities &ome Fu 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Advent Claymore Convertible Securities &ome Fu is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Advent Claymore Convertible Securities &ome Fu  (NYSE:AGC) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Advent Claymore Convertible Securities &ome Fu 5-Year Yield-on-Cost % Related Terms

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

Traded in Other Exchanges
N/A
Address
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

Advent Claymore Convertible Securities &ome Fu (Advent Claymore Convertible Securities &ome Fu) Headlines