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AVK Announces the Availability of Its Most Recent Annual Shareholder Report.


LISLE, Ill. -- The Advent/Claymore Convertible Securities and Income Fund (NYSE NYSE

See: New York Stock Exchange
: AVK AVK Application Verification Kit (Java)
AVK Audio Video Kernel
) today announces the availability of its most recent Annual shareholder report that has been filed with the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  Securities and Exchange Commission. The report is now posted on Claymore's website at http://www.adventclaymore.com. Printed copies are available by calling 800-345-7999.

The Fund's Investment Objective is to provide total return through a combination of capital appreciation and current income. The Fund pursues this Objective, under normal market conditions, by investing at least 60% of its Managed Assets in convertible securities.

Claymore Securities, Inc. is a privately-held financial services company offering unique investment solutions for financial advisers and their valued clients. Claymore entities have provided supervision, management, servicing or distribution on over $16 Billion in assets through closed-end funds, unit investment trusts, mutual funds, separately managed accounts, exchange traded funds Exchange Traded Funds (ETF)

Also known as ETF. A basket of stocks similar to an index mutual fund. However, there are a number of important differences between ETFs and mutual funds.
 and Claymore MACROshares. Additional information on Claymore's closed-end funds is available at www.claymore.com/CEFs. Registered investment products are sold by prospectus only and investors should read the prospectus carefully before investing.

This information does not represent an offer to sell securities of the Fund and it is not soliciting an offer to buy securities of the Fund. There can be no assurance that the Fund will achieve its investment objectives. The net asset value of the Fund will fluctuate with the value of the underlying securities. It is important to note that closed-end funds trade on their market value, not net asset value, and closed-end funds often trade at a discount to their net asset value. Past performance is not indicative of future performance.

An investment in the Fund is subject to certain risks and other considerations. Such risks and considerations include, but are not limited to: Investment and Market Risk, Convertible and Synthetic Convertible Synthetic convertible

Combination of usable bonds and warrants (that expire on or after the bonds' maturity) that resembles convertible bond.
 Securities Risk, High-Yield Securities Risk, Foreign Securities Risks, Derivatives Risk, Interest Rate Risk, Leverage Risk, Anti-Takeover Provisions, Market Disruption Market Disruption

A situation where markets cease to function in a regular manner, typically characterized by rapid and large market declines. Market disruptions can result from both physical threats to the stock exchange or a unusual trading (as in a crash).
 Risk and Illiquidity Risk.

Investors should consider the investment objectives and policies, risk considerations, charges and expenses of the Fund carefully before they invest. For this and more information, please contact a securities representative or Claymore Securities, Inc., 2455 Corporate West Drive, Lisle, Illinois 60532, 800-345-7999.

The Fund's common shares do not represent a deposit or obligation of, and are not guaranteed or endorsed by, any bank or other insured depository institution Depository institution

A financial institution that obtains its funds mainly through deposits from the public. This includes commercial banks, savings and loan associations, savings banks and credit unions.
, and are not federally insured by the Federal Deposit Insurance Corporation Federal Deposit Insurance Corporation (FDIC), an independent U.S. federal executive agency designed to promote public confidence in banks and to provide insurance coverage for bank deposits up to $100,000. , the Federal Reserve Board or any other government agency.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Dec 29, 2006
Words:411
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