Michael Smart - Advent Claymore Independent Trustee
| AVK Fund | USD 11.62 0.08 0.69% |
Mr. Michael A. Smart is Independent Trustee of the Company. He is Managing Partner, Cordova, Smart Williams LLC . Formerly, Principal, First Atlantic Capital Ltd., . Formerly, a Managing Director in Investment BankingThe Private Equity Group and a Vice President in Investment BankingCorporationrate Finance at Merrill Lynch Co. Founding Partner of The Carpediem Group, a private placement firm . Former Associate at Dillon, Read and Co. and Chairman, Board of Directors, Berkshire Blanket, Inc. President and Chairman, Board of Directors, Sqwincher Holdings Board of Directors, Sprint Industrial Holdings Board of Directors, National Association of Investment Companies
| Age | 59 |
| Phone | 212-482-1600 |
| Web | https://www.guggenheimfunds.com/cef/fund/avk |
Advent Claymore Management Performance (%)
The company has Return on Asset of 1.09 % which means that on every $100 spent on assets, it made $1.09 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (15.74) %, meaning that it generated no profit with money invested by stockholders. Advent Claymore's management efficiency ratios could be used to measure how well Advent Claymore manages its routine affairs as well as how well it operates its assets and liabilities.Similar Money Managers
| Showing other executives | One Year Return | ||
| Francis Knox | John Hancock Income | 72 | |
| Valerie Mosley | Eaton Vance Senior | 61 | |
| Cynthia Egan | Blackrock Muniholdings Closed | 66 | |
| Thomas Reyes | Pioneer Floating Rate | 56 | |
| Deborah Jackson | John Hancock Income | 68 | |
| Laurie Thomsen | MFS Investment Grade | 63 | |
| Michael Generazo | DWS Municipal Income | N/A | |
| Jack Evans | Nuveen Global High | 73 | |
| Henry Gabbay | Blackrock Taxable Municipal | 72 | |
| Donald Cacciapaglia | Guggenheim Taxable Municipal | 74 | |
| Robert Manning | MFS Investment Grade | 56 | |
| Richard Weitzel | MFS Investment Grade | 55 | |
| Fred Ricciardi | Pioneer Floating Rate | 72 | |
| John Nelson | Nuveen Global High | 59 | |
| Michael Holland | Blackstone Gso Strategic | 76 | |
| Edward DAlelio | Blackstone Gso Strategic | 68 | |
| Maureen Goldfarb | MFS Investment Grade | 65 | |
| Catherine Lynch | Blackrock Taxable Municipal | 60 | |
| Matthew Stowe | MFS Investment Grade | 45 | |
| Margaret Graham | Pioneer Floating Rate | 72 | |
| Jenna Bailey | Brandywineglobal Globalome Oppo | 42 | |
Management Performance
| Return On Equity | -15.74 | ||||
| Return On Asset | 1.09 |
Advent Claymore Conv Leadership Team
Elected by the shareholders, the Advent Claymore's board of directors comprises two types of representatives: Advent Claymore inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Advent. The board's role is to monitor Advent Claymore's management team and ensure that shareholders' interests are well served. Advent Claymore's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Advent Claymore's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Edward Delk, Chief Compliance Officer, Secretary | ||
| Daniel Black, Lead Independent Trustee | ||
| Michael Smart, Independent Trustee | ||
| Tony Huang, Vice President Assistant Secretary | ||
| Robert White, Chief Financial Officer, Treasurer | ||
| Gerald Seizert, Independent Trustee | ||
| Tracy Maitland, Chairman of the Board of Trustees, President, Chief Executive Officer | ||
| Randall Barnes, Independent Trustee | ||
| Nancy Stuebe, Independent Trustee | ||
| Derek Medina, Independent Trustee | ||
| Ronald Nyberg, Independent Trustee |
Advent Fund Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right fund is not an easy task. Is Advent Claymore a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | -15.74 | ||||
| Return On Asset | 1.09 | ||||
| Operating Margin | 64.39 % | ||||
| Current Valuation | 737.73 M | ||||
| Shares Outstanding | 34.53 M | ||||
| Shares Owned By Insiders | 0.41 % | ||||
| Shares Owned By Institutions | 30.52 % | ||||
| Number Of Shares Shorted | 8.14 K | ||||
| Price To Earning | 10.66 X | ||||
| Price To Book | 0.74 X |
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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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