AVK Declares Supplemental Dividend.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of & LISLE, Ill. -- Second graph, second sentence of release dated Dec. 14, 2004 should read: The ex-dividend date Ex-dividend date The first day of trading when the buyer of a stock is no longer entitled to the most recently announced dividend payment ( i.e. the trade will settle the day after the record date, too late for the buyer to appear on the shareholder record and receive the dividend. will be December 22, 2004 (sted: The ex-dividend date will be December 23, 2004). The corrected release reads: AVK AVK Application Verification Kit (Java) AVK Audio Video Kernel DECLARES SUPPLEMENTAL DIVIDEND Advent Claymore Convertible Securities and Income Fund (NYSE NYSE See: New York Stock Exchange :AVK), today declared a supplemental dividend, comprised of ordinary income, of $0.43 per share. This is in addition to the normal monthly dividend that was declared on December 1, 2004. This supplemental dividend will be paid on December 31, 2004, to shareholders of record as of December 27, 2004. The ex-dividend date will be December 22, 2004. Advent Capital Management, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control is the Fund's investment advisor Investment Advisor 1. A person making investment recommendations in return for a flat fee or percentage of assets managed, known as a commission. 2. For mutual fund companies, it is the individual who has the day-to-day responsibility of investing and monitoring the cash and . Founded in 1995 and based in New York, New York, Advent specializes in the management of convertible and high-yield securities and manages approximately $3.8 billion in assets. Claymore Securities, Inc. is a privately-held financial services company offering unique investment solutions for financial advisors and their valued clients. Claymore entities have provided supervision, management, servicing or distribution on approximately $9.5 billion in assets through closed-end funds, unit investment trusts, separately managed accounts and mutual funds. Additional information on Claymore's closed-end funds is available at www.claymoresecurities.com/CEFs.asp. 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 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, 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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