CHY This Expensive Convertibles Fund Has A Good Track Record - Seeking Alpha

AVK Fund  USD 12.48  0.02  0.16%   
About 62% of Advent Claymore's investor base is looking to short. The analysis of overall sentiment of trading Advent Claymore Convertible fund suggests that many investors are alarmed at this time. Advent Claymore's investing sentiment shows overall attitude of investors towards Advent Claymore Convertible.
  
CHY This Expensive Convertibles Fund Has A Good Track Record Seeking Alpha

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Advent Claymore Fundamental Analysis

We analyze Advent Claymore's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Advent Claymore using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Advent Claymore based on its fundamental data. In general, a quantitative approach, as applied to this fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Debt To Equity

Debt To Equity Comparative Analysis

Advent Claymore is currently under evaluation in debt to equity among similar funds. Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.

Advent Claymore Conv Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Advent Claymore fund to make a market-neutral strategy. Peer analysis of Advent Claymore could also be used in its relative valuation, which is a method of valuing Advent Claymore by comparing valuation metrics with similar companies.

Peers

Advent Claymore Related Equities

EVFEaton Vance   0.16   
0%
7.0%
DTFDTF Tax   0.09   
0%
4.0%
PHDPioneer Floating   0.20   
9.0%
0%
KTFDWS Municipal   0.30   
14.0%
0%
CXHMFS Investment   0.36   
16.0%
0%
JGHNuveen Global   0.45   
21.0%
0%
BGBBlackstone Gso   0.48   
22.0%
0%
WDIWestern Asset   0.73   
34.0%
0%
EHIWestern Asset   0.88   
41.0%
0%
BBNBlackrock Taxable   0.99   
46.0%
0%
MHDBlackrock Muniholdings   1.03   
48.0%
0%
BWGBrandywineglobal   1.29   
60.0%
0%
TBLDThornburg Income   1.31   
61.0%
0%
JCENuveen Core   1.36   
63.0%
0%
GBABGuggenheim Taxable   1.37   
64.0%
0%
NBBNuveen Build   1.52   
71.0%
0%
RLTYCohen Steers   1.83   
85.0%
0%
JHSJohn Hancock   2.14   
100.0%
0%

Other Information on Investing in Advent Fund

Advent Claymore financial ratios help investors to determine whether Advent Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Advent with respect to the benefits of owning Advent Claymore security.
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