Advent/Claymore Closed-End Funds Announce Shareholder Approval of Mergers of the Funds
Altimeter Growth Corp. - Class A Ordinary Shares (AGC)
US:NYSE Investor Relations:
guggenheiminvestments.com/cef/fund/agc
Company Research
Source: GlobeNewswire
NEW YORK, July 20, 2018 (GLOBE NEWSWIRE) -- Advent Claymore Convertible Securities and Income Fund (NYSE:AVK), Advent Claymore Convertible Securities and Income Fund II (NYSE:AGC), and Advent/Claymore Enhanced Growth & Income Fund (NYSE:LCM), each a closed-end fund (together, the “Funds”) announced today that shareholders of the Funds approved the mergers outlined below. Acquired FundsTickerAcquiring FundTicker Advent Claymore Convertible Securities and Income Fund IIAGC Advent Claymore Convertible Securities and Income FundAVK Advent/Claymore Enhanced Growth & Income FundLCM Subject to the satisfaction of certain customary closing conditions, the mergers are expected to be effective with the open of the New York Stock Exchange on August 27, 2018. The mergers, if completed, would occur based on the relative net asset values of AGC, LCM and AVK. As previously announced, the mergers are intended to provide potential benefits to common shareholders, including lower operating expenses
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