As of August 27, 2018 Advent/Claymore Enhanced Growth & Income Fund was acquired by Advent Claymore Convertible Securities and Income Fund. Advent/Claymore Enhanced Growth & Income Fund is a closed-ended balanced mutual fund launched by Guggenheim Partners, LLC. The fund is co-managed by Advent Capital Management, LLC and Guggenheim Funds Investment Advisors, LLC. It invests in public equity and fixed income markets across the globe. The fund seeks to invest in securities of companies operating across diversified sectors. It primarily invests in dividend-paying stocks of companies, convertible securities, and non-convertible high-yield securities that are rated Ba or lower by Moody's Investors Service or BB or lower by Standard & Poor's. The fund also writes covered call options. It employs fundamental analysis with a bottom-up security picking approach to create its portfolio. The fund benchmarks the performance of its portfolio against the CBOE S&P 500 2% OTM BuyWrite Index and Bank of America Merrill Lynch High Yield Master II Index. It was formerly known as the Advent Claymore Global Convertible Opportunities & Income Fund. Advent/Claymore Enhanced Growth & Income Fund was formed on January 30, 2004 and is domiciled in the United States.