CORRECTING and REPLACING AVK Declares Monthly Dividend for May and Releases Updated Portfolio Composition Data.Business Editors CORRECTION...by Claymore Securities, Inc. 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 & WHEATON, Ill.--(BUSINESS WIRE)--May 3, 2004 In BW5553 issued May 3, 2004: Third graph, First sentence of release should read: Also, as of April 30, 2004, the portfolio composition including asset class; sector concentration; credit quality; and top ten holdings will be updated on the Fund's dedicated website at www.adventclaymore.com. (sted: March 31, 2004). The corrected release reads: AVK AVK Application Verification Kit (Java) AVK Audio Video Kernel DECLARES MONTHLY DIVIDEND FOR MAY AND RELEASES UPDATED PORTFOLIO COMPOSITION DATA (NYSE NYSE See: New York Stock Exchange : AVK) Advent Claymore Convertible Securities and Income Fund, today declared its monthly dividend for April of $0.1718 per share. Dividends will be paid on May 28, 2004, to shareholders of record as of May 14, 2004. 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 May 12, 2004. Also, as of April 30, 2004, the portfolio composition including asset class; sector concentration; credit quality; and top ten holdings will be updated on the Fund's dedicated website at www.adventclaymore.com. 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 $4 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 $8.8 billion in assets through closed-end funds, defined portfolios, separately managed accounts and mutual funds. |
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