Investment Company Act file number
|
811-21504
|
Advent/Claymore Enhanced Growth & Income Fund
|
|
(Exact name of registrant as specified in charter)
|
1271 Avenue of the Americas, 45th Floor, New York, NY 10020
|
(Address of principal executive offices) (Zip code)
|
Robert White
1271 Avenue of the Americas, 45th Floor
New York, NY 10020
|
(Name and address of agent for service)
|
Advent Claymore Enhanced Growth & Income Fund
|
|
SCHEDULE OF INVESTMENTS (Unaudited)
|
January 31, 2018
|
Shares
|
Value
|
||||
COMMON STOCKS† - 10.4%
|
|||||
Consumer, Cyclical - 3.8%
|
|||||
Target Corp.1,2
|
8,900
|
$
|
669,458
|
||
Walmart, Inc.1,2
|
6,000
|
639,600
|
|||
CVS Health Corp.1
|
6,700
|
527,223
|
|||
Delta Air Lines, Inc.1
|
8,000
|
454,160
|
|||
Wynn Resorts Ltd.1
|
2,300
|
380,857
|
|||
Macy's, Inc.1,2
|
14,000
|
363,300
|
|||
Ford Motor Co.1
|
19,800
|
217,206
|
|||
Total Consumer, Cyclical
|
3,251,804
|
||||
Consumer, Non-cyclical - 2.6%
|
|||||
Celgene Corp.*,1,2
|
5,200
|
526,032
|
|||
United Rentals, Inc.*,1
|
2,600
|
470,886
|
|||
Gilead Sciences, Inc.1
|
5,200
|
435,760
|
|||
Incyte Corp.*,1,2
|
4,650
|
419,848
|
|||
Merck & Company, Inc.1,2
|
6,900
|
408,825
|
|||
Total Consumer, Non-cyclical
|
2,261,351
|
||||
Technology - 1.5%
|
|||||
KLA-Tencor Corp.1
|
4,800
|
527,040
|
|||
Texas Instruments, Inc.
|
4,600
|
504,482
|
|||
Advanced Micro Devices, Inc.*
|
19,100
|
262,434
|
|||
Total Technology
|
1,293,956
|
||||
Industrial - 0.9%
|
|||||
Caterpillar, Inc.
|
4,500
|
732,510
|
|||
United Parcel Service, Inc. — Class B1
|
380
|
48,382
|
|||
Total Industrial
|
780,892
|
||||
Energy - 0.5%
|
|||||
Occidental Petroleum Corp.1
|
5,500
|
412,335
|
|||
Communications - 0.4%
|
|||||
Time Warner, Inc.1,2
|
4,000
|
381,400
|
|||
Diversified - 0.4%
|
|||||
TPG Pace Energy Holdings Corp.*,1,2
|
36,800
|
377,200
|
|||
Basic Materials - 0.3%
|
|||||
United States Steel Corp.
|
6,700
|
250,647
|
|||
Total Common Stocks
|
|||||
(Cost $8,954,951)
|
9,009,585
|
||||
CONVERTIBLE PREFERRED STOCKS† - 5.1%
|
|||||
Consumer, Non-cyclical - 2.4%
|
|||||
Allergan plc 5.50% due 03/01/181
|
1,687
|
1,092,670
|
|||
Bunge Ltd. 4.88%3
|
4,703
|
529,087
|
|||
Becton Dickinson and Co. 6.13% due 05/01/201,2
|
7,998
|
501,635
|
|||
Total Consumer, Non-cyclical
|
2,123,392
|
||||
Financial - 1.1%
|
|||||
Crown Castle International Corp. 6.88% due 08/01/20
|
606
|
678,017
|
|||
Mandatory Exchangeable Trust 5.75% due 06/03/194,9
|
1,132
|
260,328
|
|||
Total Financial
|
938,345
|
||||
Industrial - 1.0%
|
|||||
Belden, Inc. 6.75% due 07/15/191
|
4,805
|
534,172
|
|||
Stanley Black & Decker, Inc. 5.38% due 05/15/201
|
2,533
|
301,807
|
|||
Total Industrial
|
835,979
|
Shares
|
Value
|
||||
CONVERTIBLE PREFERRED STOCKS† - 5.1% (continued)
|
|||||
Energy - 0.6%
|
|||||
Hess Corp. 8.00% due 02/01/191
|
9,220
|
$
|
554,306
|
||
Total Convertible Preferred Stocks
|
|||||
(Cost $4,303,574)
|
4,452,022
|
||||
MONEY MARKET FUND† - 2.6%
|
|||||
Morgan Stanley Institutional Liquidity Government Portfolio — Institutional Class, 0.92%5
|
2,275,553
|
2,275,553
|
|||
Total Money Market Fund
|
|||||
(Cost $2,275,553)
|
2,275,553
|
Face
Amount~ |
|||||
CONVERTIBLE BONDS†† - 76.3%
|
|||||
Industrial - 12.0%
|
|||||
Dycom Industries, Inc.
|
|||||
0.75% due 09/15/211,2
|
792,000
|
1,055,527
|
|||
China Railway Construction Corporation Ltd.
|
|||||
due 01/29/216
|
750,000
|
820,875
|
|||
Larsen & Toubro Ltd.
|
|||||
0.67% due 10/22/19
|
700,000
|
770,875
|
|||
Cemex SAB de CV
|
|||||
3.72% due 03/15/20
|
688,000
|
738,849
|
|||
Vinci S.A.
|
|||||
0.38% due 02/16/221
|
600,000
|
688,950
|
|||
Deutsche Post AG
|
|||||
0.05% due 06/30/25
|
EUR 500,000
|
645,143
|
|||
Siemens Financieringsmaatschappij N.V.
|
|||||
1.65% due 08/16/19
|
500,000
|
619,625
|
|||
Golar LNG Ltd.
|
|||||
2.75% due 02/15/224
|
600,000
|
618,215
|
|||
MINEBEA MITSUMI, Inc.
|
|||||
due 08/03/226
|
JPY 50,000,000
|
610,371
|
|||
Implenia AG
|
|||||
0.50% due 06/30/22
|
CHF 485,000
|
562,529
|
|||
Shimizu Corp.
|
|||||
due 10/16/206
|
JPY 40,000,000
|
394,393
|
|||
BW Group Ltd.
|
|||||
1.75% due 09/10/19
|
400,000
|
382,500
|
|||
Buzzi Unicem SpA
|
|||||
1.37% due 07/17/19
|
EUR 200,000
|
373,102
|
|||
MTU Aero Engines AG
|
|||||
0.12% due 05/17/23
|
EUR 200,000
|
331,806
|
|||
Safran S.A.
|
|||||
due 12/31/206
|
EUR 247,100
|
323,619
|
|||
RTI International Metals, Inc.
|
|||||
1.63% due 10/15/19
|
270,000
|
319,329
|
|||
Greenbrier Companies, Inc.
|
|||||
2.87% due 02/01/24
|
275,000
|
316,792
|
|||
OSG Corp.
|
|||||
due 04/04/226
|
JPY 20,000,000
|
311,026
|
|||
CRRC Corporation Ltd.
|
|||||
due 02/05/216
|
250,000
|
266,000
|
Advent Claymore Enhanced Growth & Income Fund
|
|
SCHEDULE OF INVESTMENTS (Unaudited)
|
January 31, 2018
|
Face
Amount~ |
Value
|
||||
CONVERTIBLE BONDS†† - 76.3% (continued)
|
|||||
Industrial - 12.0% (continued)
|
|||||
Atlas Air Worldwide Holdings, Inc.
|
|||||
1.88% due 06/01/24
|
213,000
|
$
|
243,747
|
||
Total Industrial
|
10,393,273
|
||||
Consumer, Non-cyclical - 11.9%
|
|||||
Element Fleet Management Corp.
|
|||||
5.13% due 06/30/194
|
CAD 1,425,000
|
1,164,415
|
|||
4.25% due 06/30/204
|
CAD 788,000
|
634,267
|
|||
Exact Sciences Corp.
|
|||||
1.00% due 01/15/25
|
711,000
|
695,347
|
|||
Jazz Investments I Ltd.
|
|||||
1.88% due 08/15/211,2
|
400,000
|
411,435
|
|||
1.50% due 08/15/244
|
280,000
|
269,549
|
|||
Euronet Worldwide, Inc.
|
|||||
1.50% due 10/01/441,2
|
494,000
|
655,360
|
|||
BioMarin Pharmaceutical, Inc.
|
|||||
1.50% due 10/15/201,2
|
532,000
|
624,566
|
|||
Nevro Corp.
|
|||||
1.75% due 06/01/21
|
518,000
|
581,320
|
|||
Wright Medical Group, Inc.
|
|||||
2.00% due 02/15/201,2
|
543,000
|
564,041
|
|||
NuVasive, Inc.
|
|||||
2.25% due 03/15/211
|
496,000
|
531,906
|
|||
Qiagen N.V.
|
|||||
0.87% due 03/19/21
|
400,000
|
514,800
|
|||
Terumo Corp.
|
|||||
due 12/06/216
|
JPY 40,000,000
|
513,609
|
|||
Ionis Pharmaceuticals, Inc.
|
|||||
1.00% due 11/15/211,2
|
461,000
|
493,457
|
|||
Anthem, Inc.
|
|||||
2.75% due 10/15/42
|
135,000
|
459,737
|
|||
Nipro Corp.
|
|||||
due 01/29/216
|
JPY 40,000,000
|
442,948
|
|||
Sarepta Therapeutics, Inc.
|
|||||
1.50% due 11/15/244
|
381,000
|
440,462
|
|||
Neurocrine Biosciences, Inc.
|
|||||
2.25% due 05/15/244
|
325,000
|
438,172
|
|||
Insulet Corp.
|
|||||
1.38% due 11/15/244
|
357,000
|
379,077
|
|||
Clovis Oncology, Inc.
|
|||||
2.50% due 09/15/21
|
250,000
|
316,244
|
|||
Cardtronics, Inc.
|
|||||
1.00% due 12/01/20
|
250,000
|
233,952
|
|||
Total Consumer, Non-cyclical
|
10,364,664
|
||||
Technology - 11.7%
|
|||||
Microchip Technology, Inc.
|
|||||
1.63% due 02/15/271,2,4
|
982,000
|
1,197,774
|
|||
Micron Technology, Inc.
|
|||||
3.00% due 11/15/431,2
|
737,000
|
1,126,429
|
|||
ServiceNow, Inc.
|
|||||
due 06/01/224,6
|
701,000
|
861,083
|
|||
Citrix Systems, Inc.
|
|||||
0.50% due 04/15/191,2
|
576,000
|
764,536
|
|||
Teradyne, Inc.
|
|||||
1.25% due 12/15/23
|
446,000
|
682,725
|
|||
Cypress Semiconductor Corp.
|
|||||
4.50% due 01/15/221,2
|
453,000
|
644,373
|
Face
Amount~ |
Value
|
||||
CONVERTIBLE BONDS†† - 76.3% (continued)
|
|||||
Technology - 11.7% (continued)
|
|||||
NXP Semiconductors N.V.
|
|||||
1.00% due 12/01/191
|
490,000
|
$
|
618,789
|
||
Integrated Device Technology, Inc.
|
|||||
0.88% due 11/15/221,2
|
549,000
|
614,386
|
|||
Lumentum Holdings, Inc.
|
|||||
0.25% due 03/15/244
|
552,000
|
592,075
|
|||
Lam Research Corp.
|
|||||
1.25% due 05/15/181
|
181,000
|
577,532
|
|||
ON Semiconductor Corp.
|
|||||
1.63% due 10/15/231,2,4
|
366,000
|
501,893
|
|||
Nutanix, Inc.
|
|||||
due 01/15/234,6
|
484,000
|
473,251
|
|||
Red Hat, Inc.
|
|||||
0.25% due 10/01/191,2
|
197,000
|
353,979
|
|||
Western Digital Corp.
|
|||||
1.50% due 02/01/244
|
325,000
|
332,526
|
|||
ASM Pacific Technology Ltd.
|
|||||
2.00% due 03/28/19
|
HKD 2,000,000
|
307,488
|
|||
Carbonite, Inc.
|
|||||
2.50% due 04/01/224
|
236,000
|
289,796
|
|||
Salesforce.com, Inc.
|
|||||
0.25% due 04/01/18
|
152,000
|
260,286
|
|||
Total Technology
|
10,198,921
|
||||
Financial - 11.7%
|
|||||
Altaba, Inc.
|
|||||
due 12/01/186
|
952,000
|
1,435,283
|
|||
Aurelius SE
|
|||||
1.00% due 12/01/20
|
EUR 500,000
|
761,465
|
|||
Forest City Realty Trust, Inc.
|
|||||
4.25% due 08/15/18
|
616,000
|
710,741
|
|||
IMMOFINANZ AG
|
|||||
2.00% due 01/24/24
|
EUR 500,000
|
704,627
|
|||
Magyar Nemzeti Vagyonkezelo Zrt
|
|||||
3.37% due 04/02/19
|
EUR 400,000
|
569,308
|
|||
Nexity S.A.
|
|||||
0.13% due 01/01/23
|
EUR 416,278
|
557,783
|
|||
Haitong International Securities Group, Ltd.
|
|||||
due 10/25/216
|
HKD 4,000,000
|
551,688
|
|||
Poseidon Finance 1 Ltd.
|
|||||
due 02/01/256
|
531,000
|
535,248
|
|||
Air Lease Corp.
|
|||||
3.88% due 12/01/181,2
|
318,000
|
534,958
|
|||
Starwood Property Trust, Inc.
|
|||||
4.00% due 01/15/191,2
|
493,000
|
523,862
|
|||
AYC Finance Ltd.
|
|||||
0.50% due 05/02/19
|
470,000
|
514,650
|
|||
PRA Group, Inc.
|
|||||
3.00% due 08/01/20
|
500,000
|
482,387
|
|||
IH Merger Sub LLC
|
|||||
3.50% due 01/15/22
|
411,000
|
465,978
|
|||
HCI Group, Inc.
|
|||||
4.25% due 03/01/371,2,4
|
500,000
|
456,079
|
|||
LEG Immobilien AG
|
|||||
0.50% due 07/01/21
|
EUR 200,000
|
428,165
|
|||
Bagan Capital Ltd.
|
|||||
due 09/23/216
|
400,000
|
409,000
|
Advent Claymore Enhanced Growth & Income Fund
|
|
SCHEDULE OF INVESTMENTS (Unaudited)
|
January 31, 2018
|
Face
Amount~ |
Value
|
||||
CONVERTIBLE BONDS†† - 76.3% (continued)
|
|||||
Financial - 11.7% (continued)
|
|||||
Blackstone Mortgage Trust, Inc.
|
|||||
4.38% due 05/05/22
|
304,000
|
$
|
300,825
|
||
Fidelity National Financial, Inc.
|
|||||
4.25% due 08/15/181
|
81,000
|
246,955
|
|||
Total Financial
|
10,189,002
|
||||
Communications - 10.1%
|
|||||
DISH Network Corp.
|
|||||
3.38% due 08/15/261,2
|
1,280,000
|
1,362,378
|
|||
Liberty Media Corp.
|
|||||
1.38% due 10/15/231,2
|
604,000
|
755,664
|
|||
2.25% due 09/30/46
|
280,000
|
295,549
|
|||
Inmarsat plc
|
|||||
3.88% due 09/09/23
|
800,000
|
890,000
|
|||
Ctrip.com International Ltd.
|
|||||
1.00% due 07/01/201,2
|
705,000
|
757,168
|
|||
Priceline Group, Inc.
|
|||||
0.35% due 06/15/201,2
|
509,000
|
755,867
|
|||
Proofpoint, Inc.
|
|||||
0.75% due 06/15/201,2
|
439,000
|
598,361
|
|||
SBI Holdings, Inc.
|
|||||
due 09/14/226
|
JPY 40,000,000
|
575,420
|
|||
Finisar Corp.
|
|||||
0.50% due 12/15/331,2
|
554,000
|
550,173
|
|||
Liberty Interactive LLC
|
|||||
1.75% due 09/30/461,2,4
|
390,000
|
479,748
|
|||
Telenor East Holding II AS
|
|||||
0.25% due 09/20/19
|
400,000
|
417,056
|
|||
IAC FinanceCo, Inc.
|
|||||
0.88% due 10/01/224
|
317,000
|
363,033
|
|||
Weibo Corp.
|
|||||
1.25% due 11/15/224
|
297,000
|
359,135
|
|||
American Movil BV
|
|||||
5.50% due 09/17/181
|
EUR 300,000
|
322,447
|
|||
Liberty Expedia Holdings, Inc.
|
|||||
1.00% due 06/30/474
|
295,000
|
298,805
|
|||
Total Communications
|
8,780,804
|
||||
Consumer, Cyclical - 7.9%
|
|||||
Suzuki Motor Corp.
|
|||||
due 03/31/236
|
JPY 80,000,000
|
1,113,096
|
|||
NH Hotel Group SA
|
|||||
4.00% due 11/08/18
|
EUR 500,000
|
808,181
|
|||
Valeo S.A.
|
|||||
due 06/16/216
|
600,000
|
670,500
|
|||
Sony Corp.
|
|||||
due 09/30/226
|
JPY 56,000,000
|
637,442
|
|||
ANA Holdings, Inc.
|
|||||
due 09/19/246
|
JPY 60,000,000
|
579,909
|
|||
Harvest International Co.
|
|||||
due 11/21/226
|
HKD 4,000,000
|
540,820
|
|||
Zhongsheng Group
|
|||||
due 10/25/186
|
HKD 4,000,000
|
540,054
|
|||
China Lodging Group Ltd.
|
|||||
0.38% due 11/01/224
|
424,000
|
468,895
|
|||
NHK Spring Co. Ltd.
|
|||||
due 09/20/196
|
400,000
|
442,000
|
|||
Cie Generale des Etablissements Michelin
|
|||||
due 01/10/226
|
400,000
|
433,500
|
Face
Amount~ |
Value
|
||||
CONVERTIBLE BONDS†† - 76.3% (continued)
|
|||||
Consumer, Cyclical - 7.9% (continued)
|
|||||
LVMH Moet Hennessy Louis Vuitton SE
|
|||||
due 02/16/216
|
1,145
|
$
|
361,392
|
||
Meritor, Inc.
|
|||||
3.25% due 10/15/374
|
260,000
|
288,125
|
|||
Total Consumer, Cyclical
|
6,883,914
|
||||
Energy - 6.4%
|
|||||
Chesapeake Energy Corp.
|
|||||
5.50% due 09/15/26
|
1,509,000
|
1,386,292
|
|||
Weatherford International Ltd.
|
|||||
5.88% due 07/01/211,2
|
1,270,000
|
1,326,342
|
|||
Technip S.A.
|
|||||
0.87% due 01/25/21
|
EUR 500,000
|
732,657
|
|||
RAG-Stiftung
|
|||||
due 03/16/236
|
EUR 500,000
|
677,377
|
|||
PDC Energy, Inc.
|
|||||
1.13% due 09/15/211,2
|
481,000
|
482,721
|
|||
Oasis Petroleum, Inc.
|
|||||
2.63% due 09/15/231,2
|
422,000
|
448,762
|
|||
Kunlun Energy Company Ltd.
|
|||||
1.63% due 07/25/19
|
CNY 2,000,000
|
353,669
|
|||
Whiting Petroleum Corp.
|
|||||
1.25% due 04/01/20
|
160,000
|
149,600
|
|||
Total Energy
|
5,557,420
|
||||
Basic Materials - 2.6%
|
|||||
Kansai Paint Co., Ltd.
|
|||||
due 06/17/196
|
JPY 60,000,000
|
603,270
|
|||
APERAM S.A.
|
|||||
0.63% due 07/08/21
|
400,000
|
581,900
|
|||
Toray Industries, Inc.
|
|||||
due 08/30/196
|
JPY 40,000,000
|
453,484
|
|||
Osisko Gold Royalties Ltd.
|
|||||
4.00% due 12/31/22
|
CAD 400,000
|
335,640
|
|||
Mitsubishi Chemical Holdings Corp.
|
|||||
due 03/29/246
|
JPY 30,000,000
|
307,132
|
|||
Total Basic Materials
|
2,281,426
|
||||
Utilities - 2.0%
|
|||||
CenterPoint Energy, Inc.
|
|||||
3.40% due 09/15/291,7
|
12,945
|
938,512
|
|||
NRG Yield, Inc.
|
|||||
3.25% due 06/01/201,4
|
450,000
|
446,701
|
|||
China Yangtze Power International BVI 2 Ltd.
|
|||||
due 11/09/216
|
EUR 225,000
|
323,389
|
|||
Total Utilities
|
1,708,602
|
||||
Total Convertible Bonds
|
|||||
(Cost $59,448,590)
|
66,358,026
|
||||
CORPORATE BONDS†† - 43.0%
|
|||||
Consumer, Cyclical - 9.5%
|
|||||
GameStop Corp.
|
|||||
6.75% due 03/15/211,2,4
|
609,000
|
634,121
|
|||
Vista Outdoor, Inc.
|
|||||
5.88% due 10/01/231,2
|
643,000
|
625,318
|
|||
L Brands, Inc.
|
|||||
5.63% due 02/15/221,2
|
400,000
|
423,440
|
Advent Claymore Enhanced Growth & Income Fund
|
|
SCHEDULE OF INVESTMENTS (Unaudited)
|
January 31, 2018
|
Face
Amount~ |
Value
|
||||
CORPORATE BONDS†† - 43.0% (continued)
|
|||||
Consumer, Cyclical - 9.5% (continued)
|
|||||
Scientific Games International, Inc.
|
|||||
10.00% due 12/01/22
|
329,000
|
$
|
361,900
|
||
5.00% due 10/15/254
|
61,000
|
61,229
|
|||
Allegiant Travel Co.
|
|||||
5.50% due 07/15/191,2
|
400,000
|
412,000
|
|||
Downstream Development Authority of the Quapaw Tribe of Oklahoma
|
|||||
10.50% due 02/15/234
|
201,000
|
207,723
|
|||
10.50% due 07/01/194
|
187,000
|
191,675
|
|||
Dollar Tree, Inc.
|
|||||
5.75% due 03/01/231,2
|
376,000
|
393,625
|
|||
Staples, Inc.
|
|||||
8.50% due 09/15/251,4
|
361,000
|
349,719
|
|||
Mattamy Group Corp.
|
|||||
6.88% due 12/15/231,4
|
193,000
|
205,062
|
|||
6.50% due 10/01/251,4
|
121,000
|
128,109
|
|||
Hanesbrands, Inc.
|
|||||
4.63% due 05/15/241,2,4
|
324,000
|
329,670
|
|||
William Carter Co.
|
|||||
5.25% due 08/15/211
|
321,000
|
328,022
|
|||
Dana Financing Luxembourg Sarl
|
|||||
6.50% due 06/01/261,2,4
|
299,000
|
324,041
|
|||
Six Flags Entertainment Corp.
|
|||||
5.50% due 04/15/271,4
|
172,000
|
176,515
|
|||
4.88% due 07/31/241,4
|
145,000
|
147,356
|
|||
TRI Pointe Group Inc. / TRI Pointe Homes Inc.
|
|||||
4.38% due 06/15/191
|
308,000
|
313,005
|
|||
Delphi Technologies plc
|
|||||
5.00% due 10/01/251,4
|
301,000
|
301,000
|
|||
Scotts Miracle-Gro Co.
|
|||||
6.00% due 10/15/231,2
|
271,000
|
287,260
|
|||
Wolverine World Wide, Inc.
|
|||||
5.00% due 09/01/261,4
|
281,000
|
284,512
|
|||
Goodyear Tire & Rubber Co.
|
|||||
5.13% due 11/15/231
|
271,000
|
278,453
|
|||
Levi Strauss & Co.
|
|||||
5.00% due 05/01/251
|
241,000
|
250,640
|
|||
Churchill Downs, Inc.
|
|||||
4.75% due 01/15/281,4
|
250,000
|
247,813
|
|||
Speedway Motorsports, Inc.
|
|||||
5.13% due 02/01/231
|
240,000
|
245,400
|
|||
Brinker International, Inc.
|
|||||
5.00% due 10/01/241,4
|
241,000
|
243,410
|
|||
Caesars Resort Collection LLC / CRC Finco, Inc.
|
|||||
5.25% due 10/15/254
|
162,000
|
161,208
|
|||
Beacon Escrow Corp.
|
|||||
4.88% due 11/01/254
|
161,000
|
161,000
|
Face
Amount~ |
Value
|
||||
CORPORATE BONDS†† - 43.0% (continued)
|
|||||
Consumer, Cyclical - 9.5% (continued)
|
|||||
Suburban Propane Partners, LP / Suburban Energy Finance Corp.
|
|||||
5.50% due 06/01/241
|
146,000
|
$
|
144,540
|
||
Total Consumer, Cyclical
|
8,217,766
|
||||
Consumer, Non-cyclical - 9.3%
|
|||||
Tenet Healthcare Corp.
|
|||||
6.00% due 10/01/201
|
600,000
|
633,000
|
|||
4.38% due 10/01/211,2,4
|
500,000
|
502,500
|
|||
4.63% due 07/15/24
|
339,000
|
334,339
|
|||
HCA, Inc.
|
|||||
5.25% due 04/15/251,2
|
575,000
|
604,704
|
|||
7.50% due 02/15/221,2
|
500,000
|
562,500
|
|||
6.50% due 02/15/201
|
241,000
|
257,569
|
|||
Valeant Pharmaceuticals International, Inc.
|
|||||
5.88% due 05/15/231,4
|
522,000
|
472,906
|
|||
6.13% due 04/15/254
|
475,000
|
427,001
|
|||
Encompass Health Corp.
|
|||||
5.75% due 09/15/251
|
354,000
|
367,717
|
|||
Post Holdings, Inc.
|
|||||
5.50% due 03/01/251,4
|
161,000
|
166,233
|
|||
5.75% due 03/01/274
|
121,000
|
121,417
|
|||
5.63% due 01/15/284
|
80,000
|
79,750
|
|||
United Rentals North America, Inc.
|
|||||
5.50% due 05/15/271
|
342,000
|
359,955
|
|||
Cardtronics Incorporated / Cardtronics USA Inc
|
|||||
5.50% due 05/01/251,4
|
381,000
|
355,282
|
|||
Central Garden & Pet Co.
|
|||||
5.13% due 02/01/28
|
329,000
|
328,178
|
|||
CHS/Community Health Systems, Inc.
|
|||||
6.88% due 02/01/22
|
451,000
|
323,029
|
|||
Sotheby's
|
|||||
4.88% due 12/15/251,4
|
321,000
|
317,052
|
|||
Ritchie Bros Auctioneers, Inc.
|
|||||
5.38% due 01/15/251,4
|
304,000
|
313,120
|
|||
Land O'Lakes Capital Trust I
|
|||||
7.45% due 03/15/281,4
|
250,000
|
285,000
|
|||
Greatbatch Ltd.
|
|||||
9.13% due 11/01/231,4
|
209,000
|
227,854
|
|||
Spectrum Brands, Inc.
|
|||||
5.75% due 07/15/251
|
190,000
|
200,925
|
|||
DaVita, Inc.
|
|||||
5.00% due 05/01/251
|
193,000
|
192,759
|
|||
Molina Healthcare, Inc.
|
|||||
5.38% due 11/15/221
|
180,000
|
188,550
|
|||
Prestige Brands, Inc.
|
|||||
6.38% due 03/01/244
|
161,000
|
166,635
|
|||
Quorum Health Corp.
|
|||||
11.63% due 04/15/23
|
161,000
|
166,635
|
|||
Revlon Consumer Products Corp.
|
|||||
6.25% due 08/01/241
|
162,000
|
104,895
|
Advent Claymore Enhanced Growth & Income Fund
|
|
SCHEDULE OF INVESTMENTS (Unaudited)
|
January 31, 2018
|
Face
Amount~ |
Value
|
||||
CORPORATE BONDS†† - 43.0% (continued)
|
|||||
Consumer, Non-cyclical - 9.3% (continued)
|
|||||
Land O' Lakes, Inc.
|
|||||
6.00% due 11/15/224
|
26,000
|
$
|
28,795
|
||
Total Consumer, Non-cyclical
|
8,088,300
|
||||
Basic Materials - 5.5%
|
|||||
NOVA Chemicals Corp.
|
|||||
5.25% due 08/01/231,2,4
|
400,000
|
412,660
|
|||
5.00% due 05/01/251,4
|
390,000
|
394,875
|
|||
FMG Resources August 2006 Pty Ltd.
|
|||||
5.13% due 05/15/241,4
|
295,000
|
299,794
|
|||
9.75% due 03/01/221,4
|
264,000
|
291,469
|
|||
TPC Group, Inc.
|
|||||
8.75% due 12/15/204
|
370,000
|
376,475
|
|||
Commercial Metals Co.
|
|||||
4.88% due 05/15/231
|
366,000
|
374,235
|
|||
Big River Steel LLC / BRS Finance Corp.
|
|||||
7.25% due 09/01/251,4
|
308,000
|
331,100
|
|||
Compass Minerals International, Inc.
|
|||||
4.88% due 07/15/241,4
|
307,000
|
303,930
|
|||
Alcoa Nederland Holding B.V.
|
|||||
6.75% due 09/30/241,4
|
247,000
|
270,774
|
|||
Tronox Finance LLC
|
|||||
7.50% due 03/15/221,4
|
257,000
|
267,280
|
|||
United States Steel Corp.
|
|||||
6.88% due 08/15/251
|
241,000
|
254,255
|
|||
AK Steel Corp.
|
|||||
7.50% due 07/15/231
|
200,000
|
216,500
|
|||
First Quantum Minerals Ltd.
|
|||||
7.25% due 04/01/231,4
|
200,000
|
212,250
|
|||
Freeport-McMoRan, Inc.
|
|||||
2.38% due 03/15/181
|
198,000
|
198,039
|
|||
Tronox Finance plc
|
|||||
5.75% due 10/01/251,4
|
181,000
|
185,525
|
|||
Kaiser Aluminum Corp.
|
|||||
5.88% due 05/15/241
|
165,000
|
176,550
|
|||
Cornerstone Chemical Co.
|
|||||
6.75% due 08/15/244
|
145,000
|
145,544
|
|||
Kraton Polymers LLC / Kraton Polymers Capital Corp.
|
|||||
10.50% due 04/15/234
|
95,000
|
106,875
|
|||
Total Basic Materials
|
4,818,130
|
||||
Communications - 4.8%
|
|||||
Sprint Corp.
|
|||||
7.88% due 09/15/231
|
333,000
|
353,536
|
|||
7.63% due 02/15/251,2
|
246,000
|
255,840
|
|||
Charter Communications Operating LLC / Charter Communications Operating Capital
|
|||||
4.91% due 07/23/251,2
|
521,000
|
545,554
|
|||
CommScope, Inc.
|
|||||
5.50% due 06/15/241,2,4
|
500,000
|
520,000
|
|||
CBS Radio, Inc.
|
|||||
7.25% due 11/01/241,2,4
|
375,000
|
395,625
|
|||
CenturyLink, Inc.
|
|||||
6.75% due 12/01/231,2
|
335,000
|
327,144
|
Face
Amount~ |
Value
|
||||
CORPORATE BONDS†† - 43.0% (continued)
|
|||||
Communications - 4.8% (continued)
|
|||||
SFR Group S.A.
|
|||||
7.38% due 05/01/261,4
|
330,000
|
$
|
326,288
|
||
DISH DBS Corp.
|
|||||
5.88% due 11/15/241
|
299,000
|
284,611
|
|||
Hughes Satellite Systems Corp.
|
|||||
6.50% due 06/15/191
|
264,000
|
277,200
|
|||
Urban One, Inc.
|
|||||
7.38% due 04/15/221,4
|
220,000
|
226,116
|
|||
Frontier Communications Corp.
|
|||||
11.00% due 09/15/251,2
|
271,000
|
213,074
|
|||
Sirius XM Radio, Inc.
|
|||||
5.38% due 07/15/261,4
|
182,000
|
186,777
|
|||
CB Escrow Corp.
|
|||||
8.00% due 10/15/254
|
161,000
|
162,208
|
|||
Tribune Media Co.
|
|||||
5.88% due 07/15/221
|
130,000
|
134,387
|
|||
Total Communications
|
4,208,360
|
||||
Energy - 4.7%
|
|||||
Oasis Petroleum, Inc.
|
|||||
6.88% due 01/15/231
|
422,000
|
436,242
|
|||
Continental Resources, Inc.
|
|||||
4.50% due 04/15/231
|
332,000
|
336,980
|
|||
4.38% due 01/15/284
|
50,000
|
49,882
|
|||
Parsley Energy LLC / Parsley Finance Corp.
|
|||||
5.63% due 10/15/271,2,4
|
363,000
|
373,890
|
|||
PDC Energy, Inc.
|
|||||
5.75% due 05/15/261,4
|
353,000
|
359,619
|
|||
Diamondback Energy, Inc.
|
|||||
4.75% due 11/01/241
|
323,000
|
328,249
|
|||
Genesis Energy Limited Partnership / Genesis Energy Finance Corp.
|
|||||
6.25% due 05/15/261
|
321,000
|
321,000
|
|||
CONSOL Energy, Inc.
|
|||||
11.00% due 11/15/254
|
297,000
|
317,048
|
|||
PBF Holding Company LLC / PBF Finance Corp.
|
|||||
7.25% due 06/15/251
|
281,000
|
296,694
|
|||
CNX Resources Corp.
|
|||||
8.00% due 04/01/231
|
269,000
|
286,741
|
|||
SESI LLC
|
|||||
7.75% due 09/15/241,4
|
240,000
|
258,600
|
|||
Cheniere Corpus Christi Holdings LLC
|
|||||
5.13% due 06/30/271
|
241,000
|
249,435
|
|||
WPX Energy, Inc.
|
|||||
5.25% due 09/15/241
|
238,000
|
242,165
|
|||
PBF Logistics Limited Partnership / PBF Logistics Finance Corp.
|
|||||
6.88% due 05/15/23
|
146,000
|
152,570
|
Advent Claymore Enhanced Growth & Income Fund
|
|
SCHEDULE OF INVESTMENTS (Unaudited)
|
January 31, 2018
|
Face
Amount~ |
Value
|
||||
CORPORATE BONDS†† - 43.0% (continued)
|
|||||
Energy - 4.7% (continued)
|
|||||
Alliance Resource Operating Partners Limited Partnership / Alliance Resource Finance Corp.
|
|||||
7.50% due 05/01/254
|
50,000
|
$
|
54,312
|
||
Total Energy
|
4,063,427
|
||||
Industrial - 4.5%
|
|||||
MasTec, Inc.
|
|||||
4.88% due 03/15/231
|
483,000
|
492,660
|
Navios Maritime Holdings, Inc. / Navios Maritime Finance II US, Inc.
|
|||||
7.38% due 01/15/221,4
|
330,000
|
273,075
|
|||
11.25% due 08/15/224
|
161,000
|
163,616
|
Energizer Holdings, Inc.
|
|||||
5.50% due 06/15/251,2,4
|
415,000
|
426,412
|
|||
Cleaver-Brooks, Inc.
|
|||||
7.88% due 03/01/234
|
370,000
|
389,425
|
|||
TransDigm, Inc.
|
|||||
6.38% due 06/15/261
|
378,000
|
388,868
|
|||
Xerium Technologies, Inc.
|
|||||
9.50% due 08/15/211
|
321,000
|
327,019
|
|||
Louisiana-Pacific Corp.
|
|||||
4.88% due 09/15/241
|
311,000
|
320,719
|
|||
Ball Corp.
|
|||||
4.38% due 12/15/201
|
301,000
|
309,654
|
|||
Shape Technologies Group, Inc.
|
|||||
7.63% due 02/01/201,4
|
300,000
|
307,125
|
|||
CNH Industrial Capital LLC
|
|||||
3.38% due 07/15/191
|
271,000
|
273,864
|
|||
Navios Maritime Acquisition Corporation / Navios Acquisition Finance US, Inc.
|
|||||
8.13% due 11/15/211,4
|
176,000
|
150,920
|
|||
Jeld-Wen, Inc.
|
|||||
4.88% due 12/15/274
|
20,000
|
20,075
|
|||
4.63% due 12/15/254
|
20,000
|
20,050
|
|||
Total Industrial
|
3,863,482
|
||||
Technology - 3.3%
|
|||||
First Data Corp.
|
|||||
5.38% due 08/15/231,2,4
|
542,000
|
560,292
|
|||
5.00% due 01/15/241,2,4
|
500,000
|
515,000
|
Face
Amount~ |
Value
|
||||
CORPORATE BONDS†† - 43.0% (continued)
|
|||||
Technology - 3.3% (continued)
|
|||||
Seagate HDD Cayman
|
|||||
4.25% due 03/01/221,4
|
450,000
|
$
|
456,957
|
||
4.75% due 01/01/251
|
399,000
|
396,626
|
|||
West Corp.
|
|||||
8.50% due 10/15/254
|
420,000
|
415,800
|
|||
Qorvo, Inc.
|
|||||
6.75% due 12/01/231
|
275,000
|
293,906
|
|||
Western Digital Corp.
|
|||||
10.50% due 04/01/241
|
228,000
|
267,102
|
|||
Total Technology
|
2,905,683
|
||||
Financial - 1.1%
|
|||||
Starwood Property Trust, Inc.
|
|||||
5.00% due 12/15/211
|
357,000
|
372,840
|
|||
Credit Acceptance Corp.
|
|||||
7.38% due 03/15/231
|
312,000
|
327,600
|
|||
Navient Corp.
|
|||||
5.50% due 01/15/191
|
237,000
|
242,285
|
|||
Total Financial
|
942,725
|
||||
Utilities - 0.3%
|
|||||
AmeriGas Partners, LP / AmeriGas Finance Corp.
|
|||||
5.75% due 05/20/27
|
275,000
|
282,906
|
|||
Total Corporate Bonds
|
|||||
(Cost $36,845,142)
|
37,390,779
|
||||
SENIOR FLOATING RATE INTERESTS††,8 - 1.0%
|
|||||
Consumer, Cyclical - 0.6%
|
|||||
PetSmart, Inc.
|
|||||
4.56% (3 Month USD LIBOR + 3.00%) due 03/10/22
|
432,563
|
353,891
|
|||
Intrawest Resorts Holdings, Inc.
|
|||||
4.81% (3 Month USD LIBOR + 3.25%) due 07/31/24
|
164,700
|
165,318
|
|||
Total Consumer, Cyclical
|
519,209
|
||||
Communications - 0.4%
|
|||||
Sprint Communications, Inc.
|
|||||
4.12% (3 Month USD LIBOR + 2.50%) due 02/02/24
|
325,540
|
326,710
|
|||
Total Senior Floating Rate Interests
|
|||||
(Cost $925,235)
|
845,919
|
||||
Total Investments - 138.4%
|
|||||
(Cost $112,753,045)
|
$
|
120,331,884
|
|||
Other Assets & Liabilities, net - (38.4)%
|
(33,370,019
|
)
|
|||
Total Net Assets - 100.0%
|
$
|
86,961,865
|
Counterparty
|
Contracts to Sell
|
Currency
|
Settlement Date
|
Settlement Value
|
Value at
January 31, 2018 |
Net Unrealized Depreciation
|
||||||||||||
Bank of New York Mellon
|
522,000
|
CHF
|
3/14/2018
|
$
|
530,326
|
$
|
563,314
|
$
|
(32,988
|
)
|
||||||||
Bank of New York Mellon
|
2,996,000
|
CAD
|
3/14/2018
|
2,337,885
|
2,443,181
|
(105,296
|
)
|
|||||||||||
Bank of New York Mellon
|
863,121,000
|
JPY
|
3/14/2018
|
7,645,937
|
7,925,579
|
(279,642
|
)
|
|||||||||||
Bank of New York Mellon
|
7,037,679
|
EUR
|
3/14/2018
|
8,358,675
|
8,790,547
|
(431,872
|
)
|
|||||||||||
$
|
(849,798
|
)
|
Advent Claymore Enhanced Growth & Income Fund
|
|
SCHEDULE OF INVESTMENTS (Unaudited)
|
January 31, 2018
|
Counterparty
|
Contracts to Buy
|
Currency
|
Settlement Date
|
Settlement Value
|
Value at
January 31, 2018 |
Net Unrealized Appreciation/Depreciation
|
||||||||||||
Bank of New York Mellon
|
1,055,300
|
EUR
|
3/14/2018
|
$
|
1,283,620
|
|
$
|
1,318,143
|
|
$
|
34,523
|
|||||||
Bank of New York Mellon
|
108,351,000
|
JPY
|
3/14/2018
|
966,208
|
|
994,929
|
|
28,721
|
||||||||||
Bank of New York Mellon
|
36,500,000
|
JPY
|
3/14/2018
|
336,221
|
|
335,160
|
|
(1,061
|
) | |||||||||
$
|
62,183
|
~
|
The face amount is denominated in U.S. dollars unless otherwise indicated.
|
|
*
|
Non-income producing security.
|
|
†
|
Value determined based on Level 1 inputs — See Note 3.
|
|
††
|
Value determined based on Level 2 inputs — See Note 3.
|
|
1
|
All or a portion of these securities have been physically segregated or earmarked in connection with borrowings. As of January 31, 2018, the total value of the positions segregated was $57,536,944.
|
|
2
|
A portion of this security has been rehypothicated in connection with the Fund's revolving credit agreement. $26,106,331 in aggregate has been rehypothicated.
|
|
3
|
Perpetual maturity.
|
|
4
|
Security is a 144A or Section 4(a)(2) security. These securities have been determined to be liquid under guidelines established by the Board of Trustees. The total market value of 144A or Section 4(a)(2) liquid securities is $29,590,614 (cost $28,333,461), or 34.0% of total net assets.
|
|
5
|
Rate indicated is the 7 day yield as of January 31, 2018.
|
|
6
|
Zero coupon rate security.
|
|
7
|
Security is a step up/step down bond. The coupon increases or decreases at regular intervals until the bond reaches full maturity.
|
|
8
|
Variable rate security. Rate indicated is the rate effective at January 31, 2018. In some instances, the underlying reference rate shown was below the minimum rate earned by the security or has been adjusted by a predetermined factor. The settlement status of a position may also impact the effective rate indicated. In instances where multiple underlying reference rates and spread amounts are shown, the effective rate is based on a weighted average.
|
|
9 |
Represents convertible preferred securities issued by a closed end investment company of the same name. The company has used the net offering proceeds raised by the issuance of such preferred securities to purchase a portfolio primarily comprised of a large forward purchase contract for American Depository Shares of Alibaba Group Holding Limited.
|
plc
|
Public Limited Company
|
|
LIBOR
|
London Interbank Offered Rate
|
|
CAD
|
Canadian Dollar
|
|
CHF
|
Swiss Franc
|
|
CNY
|
Chinese Renminbi
|
|
EUR
|
Euro
|
|
HKD
|
Hong Kong Dollar
|
|
JPY
|
Japanese Yen
|
|
See Sector Classification in Other Information section.
|
Investments in Securities (Assets)
|
Level 1
Quoted Prices |
Level 2
Significant Observable Inputs |
Level 3
Significant Unobservable Inputs |
Total
|
||||||||||||
Common Stocks
|
$
|
9,009,585
|
$
|
—
|
$
|
—
|
$
|
9,009,585
|
||||||||
Convertible Preferred Stocks
|
4,452,022
|
—
|
—
|
4,452,022
|
||||||||||||
Money Market Fund
|
2,275,553
|
—
|
—
|
2,275,553
|
||||||||||||
Convertible Bonds
|
—
|
66,358,026
|
—
|
66,358,026
|
||||||||||||
Corporate Bonds
|
—
|
37,390,779
|
—
|
37,390,779
|
||||||||||||
Senior Floating Rate Interests
|
—
|
845,919
|
—
|
845,919
|
||||||||||||
Forward Foreign Currency Exchange Contracts*
|
—
|
63,244
|
—
|
63,244
|
||||||||||||
Total Assets
|
$
|
15,737,160
|
$
|
104,657,968
|
$
|
—
|
$
|
120,395,128
|
Investments in Securities (Liabilities)
|
Level 1
Quoted Prices |
Level 2
Significant Observable Inputs |
Level 3
Significant Unobservable Inputs |
Total
|
||||||||||||
Forward Foreign Currency Exchange Contracts*
|
$
|
—
|
$
|
850,859
|
$
|
—
|
$
|
850,859
|
Advent Claymore Enhanced Growth & Income Fund
|
|
SCHEDULE OF INVESTMENTS (Unaudited)
|
January 31, 2018
|
NOTES TO SCHEDULE OF INVESTMENTS (Unaudited)
|
NOTES TO SCHEDULE OF INVESTMENTS (Unaudited)
|
NOTES TO SCHEDULE OF INVESTMENTS (Unaudited)
|
NOTES TO SCHEDULE OF INVESTMENTS (Unaudited)
|
Tax Cost
|
Tax Unrealized Gain
|
Tax Unrealized Loss
|
Net Unrealized Gain
|
$113,125,111
|
$9,125,071
|
$(2,705,913)
|
$6,419,158
|
OTHER INFORMATION (Unaudited)
|
(a) |
The registrant’s principal executive officer and principal financial officer have evaluated the registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended) as of a date within 90 days of the filing date of this report and have concluded, based on such evaluation, that the registrant’s disclosure controls and procedures were effective, as of that date, in ensuring that information required to be disclosed by the registrant on this Form N-Q was recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission’s rules and forms.
|
(b) |
There was no change in the registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940, as amended) that occurred during the registrant’s last fiscal quarter that has materially affected or is reasonably likely to materially affect the registrant’s internal control over financial reporting.
|
Advent/Claymore Enhanced Growth & Income Fund
|
By:
|
/s/ Tracy V. Maitland |
Date:
|
March 29, 2018 |
By:
|
/s/ Tracy V. Maitland |
Date:
|
March 29, 2018 |
By:
|
/s/ Robert White |
Date:
|
March 29, 2018 |