UNITED STATES
 SECURITIES AND EXCHANGE COMMISSION
Washington, DC  20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED
MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number
     811-21309
 
Advent Claymore Convertible Securities and 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)

Registrant’s telephone number, including area code:  (212) 482-1600

Date of fiscal year end: October 31

Date of reporting period: November 1, 2015 – January 31, 2016
 
 
 
Item 1.    Schedule of Investments.
Attached hereto.
 
Advent Claymore Convertible Securities & Income Fund
  
SCHEDULE OF INVESTMENTS (Unaudited)
January 31, 2016
   
 
 
     
Shares
    
Value
  
COMMON STOCKS† - 11.5%
              
Consumer, Non-cyclical - 5.0%
              
Gilead Sciences, Inc.1
    
49,400
  
$
4,100,199
  
Cigna Corp.1
    
29,971
    
4,004,126
  
Bristol-Myers Squibb Co.1
    
51,100
    
3,176,376
  
Mylan N.V.*,1,2
    
39,000
    
2,054,910
  
Amgen, Inc.2
    
12,200
    
1,863,306
  
Biogen, Inc.*,2
    
6,600
    
1,802,196
  
Cempra, Inc.*,1
    
17,500
    
301,525
  
Total Consumer, Non-cyclical
          
17,302,638
  
Industrial - 1.9%
              
General Dynamics Corp.1
    
35,500
    
4,748,835
  
Deutsche Post AG*
    
80,000
    
1,932,974
  
General Electric Co.
    
1
    
29
  
Total Industrial
          
6,681,838
  
Financial - 1.5%
              
Blackstone Group, LP1
    
148,900
    
3,911,603
  
Synchrony Financial*,1
    
46,400
    
1,318,688
  
Total Financial
          
5,230,291
  
Consumer, Cyclical - 1.4%
              
Target Corp.1
    
45,400
    
3,287,868
  
General Motors Co.1
    
53,600
    
1,588,704
  
Total Consumer, Cyclical
          
4,876,572
  
Technology - 0.9%
              
Xilinx, Inc.1
    
65,200
    
3,277,604
  
Communications - 0.8%
              
Time Warner, Inc.1,2
    
40,100
    
2,824,644
  
Total Common Stocks
              
(Cost $42,921,303)
          
40,193,587
  
CONVERTIBLE PREFERRED STOCKS† - 21.5%
              
Consumer, Non-cyclical - 8.2%
              
Teva Pharmaceutical Industries Ltd.
              
7.00% due 12/15/18*,1
    
12,876
    
12,577,794
  
Allergan plc
              
5.50% due 03/01/181
    
9,707
    
9,205,051
  
Anthem, Inc.
              
5.25% due 05/01/181
    
163,263
    
7,198,266
  
Total Consumer, Non-cyclical
          
28,981,111
  
Communications - 4.9%
              
Frontier Communications Corp.
              
11.13% due 06/29/181
    
167,799
    
14,997,874
  
T-Mobile US, Inc.
              
5.50% due 12/15/171
    
30,942
    
2,135,617
  
Total Communications
          
17,133,491
  
Financial - 4.4%
              
Wells Fargo & Co.
              
7.50%1,3
    
5,032
    
5,888,698
  
American Tower Corp.
              
5.50% due 02/15/181
    
26,331
    
2,600,186
  
5.25% due 05/15/171
    
26,000
    
2,578,160
  
KeyCorp
              
7.75%1,3
    
18,000
    
2,340,000
  
Alexandria Real Estate Equities, Inc.
              
7.00%1,3
    
50,000
    
1,375,000
  
Weyerhaeuser Co.
              
6.38% due 07/01/161
    
17,958
    
823,015
  
Total Financial
          
15,605,059
  
               
     
Shares
    
Value
  
CONVERTIBLE PREFERRED STOCKS† - 21.5% (continued)
              
Utilities - 1.9%
              
Dominion Resources, Inc.
              
6.38% due 07/01/171
  
$
58,850
  
$
2,928,376
  
NextEra Energy, Inc.
              
5.80% due 09/01/161
    
44,104
    
2,509,518
  
Exelon Corp.
              
6.50% due 06/01/171
    
27,281
    
1,181,540
  
Total Utilities
          
6,619,434
  
Industrial - 1.3%
              
Stanley Black & Decker, Inc.
              
6.25% due 11/17/161
    
28,995
    
3,075,789
  
Stericycle, Inc.
              
5.25% due 09/15/181
    
15,690
    
1,426,692
  
Total Industrial
          
4,502,481
  
Basic Materials - 0.4%
              
Alcoa, Inc.
              
5.38% due 10/01/171
    
32,712
    
861,961
  
A Schulman, Inc.
              
6.00%1,3
    
1,000
    
600,000
  
Total Basic Materials
          
1,461,961
  
Consumer, Cyclical - 0.4%
              
William Lyon Homes
              
6.50% due 12/01/171
    
19,869
    
1,273,404
  
Total Convertible Preferred Stocks
              
(Cost $82,120,932)
          
75,576,941
  
SHORT TERM INVESTMENTS† - 9.9%
              
Goldman Sachs Financial Prime Obligations - Administration Share Class,
            
0.01%4
    
34,714,351
    
34,714,351
  
Total Short Term Investments
              
(Cost $34,714,351)
          
34,714,351
  
               
     
Face
        
     
Amount~
    
Value
  
CONVERTIBLE BONDS†† - 80.0%
              
Technology -  22.6%
              
Intel Corp.
              
3.25% due 08/01/391
    
 3,600,000
    
 5,505,767
  
2.95% due 12/15/351
    
 2,513,000
    
 3,084,708
  
Lam Research Corp.
              
1.25% due 05/15/181
    
 3,049,000
    
 4,106,622
  
0.50% due 05/15/161
    
 1,830,000
    
 2,109,075
  
Microchip Technology, Inc.
              
1.63% due 02/15/251,5
    
 6,334,000
    
 6,120,227
  
ON Semiconductor Corp.
              
1.00% due 12/01/201,5
    
 4,250,000
    
 3,771,874
  
2.63% due 12/15/261
    
 1,531,000
    
 1,642,954
  
Micron Technology, Inc.
              
3.00% due 11/15/431
    
 4,858,000
    
 3,433,999
  
2.13% due 02/15/33
    
 800,000
    
 969,500
  
Verint Systems, Inc.
              
1.50% due 06/01/211
    
 4,737,000
    
 4,346,197
  
Synchronoss Technologies, Inc.
              
0.75% due 08/15/191
    
 4,539,000
    
 4,337,582
  
Red Hat, Inc.
              
0.25% due 10/01/191
    
 3,192,000
    
 3,800,475
  
Cornerstone OnDemand, Inc.
              
1.50% due 07/01/181
    
 3,916,000
    
 3,771,597
  
 
 
 
 
 
Advent Claymore Convertible Securities & Income Fund
  
SCHEDULE OF INVESTMENTS (Unaudited)
January 31, 2016
   
 
               
     
Face
        
     
Amount~
    
Value
  
CONVERTIBLE BONDS†† - 80.0% (continued)
              
Technology -  22.6% (continued)
              
ServiceNow, Inc.
              
0.00% due 11/01/181,6
   $
3,258,000
   $
3,524,749
  
salesforce.com, Inc.
              
0.25% due 04/01/181
    
 2,810,000
    
 3,336,875
  
Proofpoint, Inc.
              
0.75% due 06/15/201,5
    
 3,441,000
    
 3,236,691
  
Citrix Systems, Inc.
              
0.50% due 04/15/191
    
 2,602,000
    
 2,754,868
  
NVIDIA Corp.
              
1.00% due 12/01/181
    
 1,772,000
    
 2,671,291
  
SanDisk Corp.
              
0.50% due 10/15/201
    
 2,320,000
    
 2,395,400
  
BroadSoft, Inc.
              
1.00% due 09/01/221,5
    
 2,239,000
    
 2,357,947
  
Akamai Technologies, Inc.
              
0.00% due 02/15/191,6
    
 2,285,000
    
 2,140,771
  
NXP Semiconductors N.V.
              
1.00% due 12/01/19
    
 1,936,000
    
 2,049,740
  
Nuance Communications, Inc.
              
1.00% due 12/15/351,5
    
 2,219,000
    
 2,009,582
  
Xilinx, Inc.
              
2.63% due 06/15/171
    
 1,092,000
    
 1,895,985
  
Bottomline Technologies de, Inc.
              
1.50% due 12/01/17
    
 1,336,000
    
 1,475,445
  
PROS Holdings, Inc.
              
2.00% due 12/01/195
    
 1,184,000
    
 930,920
  
Allscripts Healthcare Solutions, Inc.
              
1.25% due 07/01/201
    
 888,000
    
 919,635
  
Inphi Corp.
              
1.13% due 12/01/205
    
 744,000
    
 720,285
  
Total Technology
          
 79,420,761
  
Consumer, Non-cyclical -  19.1%
              
Jarden Corp.
              
1.13% due 03/15/341
    
 5,684,000
    
 6,653,833
  
HealthSouth Corp.
              
2.00% due 12/01/431
    
 4,693,000
    
 5,077,239
  
Molina Healthcare, Inc.
              
1.63% due 08/15/441
    
 3,953,000
    
 4,543,479
  
Hologic, Inc.
              
2.00% due 03/01/421,7,8
    
 2,113,000
    
 2,598,990
  
0.00% due 12/15/431,7,9
    
 1,450,000
    
 1,769,906
  
Brookdale Senior Living, Inc.
              
2.75% due 06/15/181
    
 4,140,000
    
 4,002,863
  
BioMarin Pharmaceutical, Inc.
              
1.50% due 10/15/201
    
 3,290,000
    
 3,645,731
  
Ionis Pharmaceuticals, Inc.
              
1.00% due 11/15/211
    
 4,012,000
    
 3,580,709
  
Euronet Worldwide, Inc.
              
1.50% due 10/01/441
    
 2,750,000
    
 3,422,031
  
Wright Medical Group, Inc.
              
2.00% due 02/15/205
    
 2,920,000
    
 2,779,475
  
Gilead Sciences, Inc.
              
1.63% due 05/01/161
    
 685,000
    
 2,525,513
  
Depomed, Inc.
              
2.50% due 09/01/211
    
 2,427,000
    
 2,458,854
  
               
     
Face
        
     
Amount~
    
Value
  
CONVERTIBLE BONDS†† - 80.0% (continued)
              
Consumer, Non-cyclical -  19.1% (continued)
              
PTC Therapeutics, Inc.
              
3.00% due 08/15/221,5
   $
3,049,000
   $
2,425,861
  
NuVasive, Inc.
              
2.75% due 07/01/171
    
 1,971,000
    
 2,413,243
  
Illumina, Inc.
              
0.50% due 06/15/211
    
 2,080,000
    
 2,275,000
  
Horizon Pharma Investment Ltd.
              
2.50% due 03/15/221,5
    
 2,561,000
    
 2,253,680
  
Huron Consulting Group, Inc.
              
1.25% due 10/01/19
    
 2,354,000
    
 2,233,358
  
Jazz Investments I Ltd.
              
1.88% due 08/15/211
    
 2,148,000
    
 2,194,988
  
Array BioPharma, Inc.
              
3.00% due 06/01/201
    
 2,087,000
    
 1,715,253
  
Emergent BioSolutions, Inc.
              
2.88% due 01/15/21
    
 1,220,000
    
 1,592,100
  
Live Nation Entertainment, Inc.
              
2.50% due 05/15/191
    
 1,545,000
    
 1,533,412
  
J Sainsbury plc
              
1.25% due 11/21/191
    
 1,000,000 GBP
    
 1,462,474
  
Medicines Co.
              
2.50% due 01/15/22
    
 1,141,000
    
 1,360,643
  
Macquarie Infrastructure Company LLC
              
2.88% due 07/15/191
    
 1,237,000
    
 1,353,742
  
Incyte Corp.
              
0.38% due 11/15/181
    
 801,000
    
 1,211,012
  
Total Consumer, Non-cyclical
          
 67,083,389
  
Communications -  15.0%
              
Priceline Group, Inc.
              
0.35% due 06/15/201
    
 5,681,000
    
 6,295,257
  
1.00% due 03/15/181
    
 2,566,000
    
 3,262,027
  
Ciena Corp.
              
0.88% due 06/15/171
    
 3,800,000
    
 3,743,000
  
4.00% due 12/15/201
    
 2,597,000
    
 3,131,008
  
Ctrip.com International Ltd.
              
1.25% due 10/15/181
    
 2,216,000
    
 2,808,781
  
1.00% due 07/01/205
    
 2,396,000
    
 2,550,242
  
Finisar Corp.
              
0.50% due 12/15/331
    
 5,000,000
    
 4,578,125
  
Telecom Italia Finance S.A.
              
6.13% due 11/15/16
    
 2,500,000 EUR
    
 3,490,963
  
Twitter, Inc.
              
1.00% due 09/15/211
    
 3,835,000
    
 3,127,922
  
Liberty Media Corp.
              
1.38% due 10/15/23
    
 3,086,000
    
 2,927,843
  
Yahoo!, Inc.
              
0.00% due 12/01/181,6
    
 2,988,000
    
 2,896,493
  
LinkedIn Corp.
              
0.50% due 11/01/191
    
 2,800,000
    
 2,850,751
  
SINA Corp.
              
1.00% due 12/01/181
    
 2,900,000
    
 2,829,312
  
CalAmp Corp.
              
1.63% due 05/15/201,5
    
 2,811,000
    
 2,573,822
  
WebMD Health Corp.
              
1.50% due 12/01/20
    
 2,028,000
    
 2,353,747
  
 
 
 
 
 
 
Advent Claymore Convertible Securities & Income Fund
  
SCHEDULE OF INVESTMENTS (Unaudited)
January 31, 2016
   
 
               
     
Face
        
     
Amount~
    
Value
  
CONVERTIBLE BONDS†† - 80.0% (continued)
              
Communications -  15.0% (continued)
              
FireEye, Inc.
              
1.63% due 06/01/355
   $
2,697,000
   $
2,071,633
  
Qihoo 360 Technology Company Ltd.
              
0.50% due 08/15/201
    
 1,223,000
    
 1,186,310
  
Total Communications
          
 52,677,236
  
Financial -  12.5%
              
Colony Capital, Inc.
              
3.88% due 01/15/211
    
 8,578,000
    
 7,543,278
  
Forest City Realty Trust, Inc.
              
3.63% due 08/15/20
    
 6,086,000
    
 6,196,309
  
Colony Starwood Homes
              
3.00% due 07/01/19
    
 2,993,000
    
 2,805,937
  
4.50% due 10/15/171
    
 874,000
    
 870,723
  
Starwood Property Trust, Inc.
              
4.00% due 01/15/191
    
 3,637,000
    
 3,655,185
  
Fidelity National Financial, Inc.
              
4.25% due 08/15/181
    
 2,025,000
    
 3,645,000
  
Air Lease Corp.
              
3.88% due 12/01/181
    
 3,065,000
    
 3,582,219
  
Radian Group, Inc.
              
2.25% due 03/01/191
    
 2,677,000
    
 2,917,930
  
American Realty Capital Properties, Inc.
              
3.00% due 08/01/18
    
 3,100,000
    
 2,917,875
  
iStar, Inc.
              
3.00% due 11/15/161
    
 2,796,000
    
 2,830,950
  
PRA Group, Inc.
              
3.00% due 08/01/201
    
 3,217,000
    
 2,527,356
  
Extra Space Storage, LP
              
3.13% due 10/01/351,5
    
 2,139,000
    
 2,395,680
  
Encore Capital Group, Inc.
              
2.88% due 03/15/21
    
 2,426,000
    
 1,469,246
  
Element Financial Corp.
              
4.25% due 06/30/205
    
 550,000 CAD
    
 383,017
  
Total Financial
          
 43,740,705
  
Consumer, Cyclical -  5.3%
              
Iconix Brand Group, Inc.
              
2.50% due 06/01/161
    
 7,600,000
    
 6,806,749
  
CalAtlantic Group, Inc.
              
1.25% due 08/01/321
    
 3,849,000
    
 4,051,072
  
0.25% due 06/01/19
    
 2,675,000
    
 2,359,016
  
GNC Holdings, Inc.
              
1.50% due 08/15/205
    
 1,951,000
    
 1,485,199
  
Fiat Chrysler Automobiles N.V.
              
7.88% due 12/15/161
    
 22,800
    
 1,466,325
  
Tesla Motors, Inc.
              
1.25% due 03/01/211
    
 1,706,000
    
 1,379,728
  
Meritor, Inc.
              
7.88% due 03/01/261
    
 1,097,000
    
 1,187,503
  
Total Consumer, Cyclical
          
 18,735,592
  
Industrial -  3.5%
              
Dycom Industries, Inc.
              
0.75% due 09/15/215
    
 2,489,000
    
 2,450,108
  
Vishay Intertechnology, Inc.
              
2.25% due 11/15/401
    
 2,239,000
    
 2,078,072
  
               
     
Face
        
     
Amount~
    
Value
  
CONVERTIBLE BONDS†† - 80.0% (continued)
              
Industrial -  3.5% (continued)
              
RTI International Metals, Inc.
              
1.63% due 10/15/19
   $
1,759,000
   $
1,651,261
  
SunPower Corp.
              
4.00% due 01/15/235
    
 1,219,000
    
 1,312,711
  
Greenbrier Companies, Inc.
              
3.50% due 04/01/181
    
 1,138,000
    
 1,192,766
  
Cemex SAB de CV
              
3.72% due 03/15/20
    
 1,441,000
    
 1,024,011
  
Echo Global Logistics, Inc.
              
2.50% due 05/01/201
    
 1,137,000
    
 986,348
  
Atlas Air Worldwide Holdings, Inc.
              
2.25% due 06/01/22
    
 1,134,000
    
 880,268
  
BW Group Ltd.
              
1.75% due 09/10/19
    
 600,000
    
 538,800
  
Total Industrial
          
 12,114,345
  
Utilities -  1.7%
              
CenterPoint Energy, Inc.
              
4.18% due 09/15/291,7
    
 75,508
    
 4,497,445
  
NRG Yield, Inc.
              
3.25% due 06/01/201,5
    
 1,663,000
    
 1,371,975
  
Total Utilities
          
 5,869,420
  
Basic Materials -  0.3%
              
B2Gold Corp.
              
3.25% due 10/01/181
    
 1,375,000
    
 1,122,344
  
Total Convertible Bonds
              
(Cost $301,681,452)
          
280,763,792
  
CORPORATE BONDS†† - 49.0%
              
Consumer, Non-cyclical -  9.0%
              
Prospect Medical Holdings, Inc.
              
8.38% due 05/01/191,5
    
 4,096,000
    
 4,223,386
  
Tenet Healthcare Corp.
              
6.00% due 10/01/201
    
 1,700,000
    
 1,806,250
  
4.50% due 04/01/211
    
 1,745,000
    
 1,718,825
  
Valeant Pharmaceuticals International, Inc.
              
6.13% due 04/15/251,5
    
 3,633,000
    
 3,274,241
  
HealthSouth Corp.
              
5.75% due 09/15/251,5
    
 2,625,000
    
 2,558,850
  
HCA, Inc.
              
5.00% due 03/15/241
    
 2,275,000
    
 2,309,125
  
CHS/Community Health Systems, Inc.
              
6.88% due 02/01/221
    
 2,272,000
    
 2,067,520
  
Concordia Healthcare Corp.
              
9.50% due 10/21/225
    
 1,750,000
    
 1,719,375
  
IASIS Healthcare LLC / IASIS Capital Corp.
              
8.38% due 05/15/19
    
 1,739,000
    
 1,639,008
  
United Rentals North America, Inc.
              
5.50% due 07/15/251
    
 1,750,000
    
 1,568,438
  
Land O'Lakes Capital Trust I
              
7.45% due 03/15/285
    
 1,500,000
    
 1,567,500
  
Spectrum Brands, Inc.
              
5.75% due 07/15/251,5
    
 1,500,000
    
 1,545,000
  
 
 
 
 
 
 
Advent Claymore Convertible Securities & Income Fund
  
SCHEDULE OF INVESTMENTS (Unaudited)
January 31, 2016
   
 
               
     
Face
        
     
Amount~
    
Value
  
CORPORATE BONDS†† - 49.0% (continued)
              
Consumer, Non-cyclical -  9.0% (continued)
              
Sotheby's
              
5.25% due 10/01/221,5
   $
1,667,000
   $
1,508,635
  
Molina Healthcare, Inc.
              
5.38% due 11/15/225
    
 1,000,000
    
 1,000,000
  
Endo Limited / Endo Finance LLC / Endo Finco, Inc.
              
6.00% due 02/01/251,5
    
 1,000,000
    
 992,620
  
Cenveo Corp.
              
8.50% due 09/15/225
    
 2,000,000
    
 970,000
  
Ahern Rentals, Inc.
              
7.38% due 05/15/231,5
    
 1,300,000
    
 955,500
  
Land O' Lakes, Inc.
              
6.00% due 11/15/225
    
 19,000
    
 19,855
  
Total Consumer, Non-cyclical
          
 31,444,128
  
Financial -  8.3%
              
Credit Agricole S.A.
              
7.88%1,3,5,10
    
 6,675,000
    
 6,515,453
  
Synovus Financial Corp.
              
7.88% due 02/15/191
    
 3,154,000
    
 3,457,572
  
5.13% due 06/15/171
    
 301,000
    
 307,773
  
Corrections Corporation of America
              
4.63% due 05/01/231
    
 2,075,000
    
 2,054,250
  
5.00% due 10/15/22
    
 550,000
    
 560,313
  
Alliance Data Systems Corp.
              
6.38% due 04/01/201,5
    
 2,250,000
    
 2,278,125
  
E*TRADE Financial Corp.
              
4.63% due 09/15/231
    
 2,208,000
    
 2,180,400
  
Ally Financial, Inc.
              
3.25% due 11/05/18
    
 1,167,000
    
 1,146,578
  
5.13% due 09/30/241
    
 825,000
    
 839,438
  
Credit Acceptance Corp.
              
7.38% due 03/15/231,5
    
 1,650,000
    
 1,600,499
  
Nationstar Mortgage LLC / Nationstar Capital Corp.
              
9.63% due 05/01/191
    
 1,500,000
    
 1,561,875
  
International Lease Finance Corp.
              
8.75% due 03/15/17
    
 1,380,000
    
 1,453,968
  
CIT Group, Inc.
              
5.00% due 05/15/171
    
 1,380,000
    
 1,412,775
  
Navient Corp.
              
6.00% due 01/25/171
    
 1,380,000
    
 1,400,700
  
Equinix, Inc.
              
5.75% due 01/01/251
    
 1,191,000
    
 1,229,708
  
DuPont Fabros Technology, LP
              
5.63% due 06/15/231
    
 1,100,000
    
 1,108,250
  
Total Financial
          
 29,107,677
  
Energy -  6.9%
              
Cimarex Energy Co.
              
4.38% due 06/01/241
    
 2,200,000
    
 1,929,156
  
PBF Holding Company LLC / PBF Finance Corp.
              
7.00% due 11/15/235
    
 1,976,000
    
 1,810,510
  
Continental Resources, Inc.
              
5.00% due 09/15/22
    
 2,500,000
    
 1,759,375
  
Sabine Pass Liquefaction LLC
              
6.25% due 03/15/221
    
 1,750,000
    
 1,620,938
  
               
     
Face
        
     
Amount~
    
Value
  
CORPORATE BONDS†† - 49.0% (continued)
              
Energy -  6.9% (continued)
              
CONSOL Energy, Inc.
              
8.00% due 04/01/231
   $
2,375,000
   $
1,603,125
  
Western Refining, Inc.
              
6.25% due 04/01/211
    
 1,718,000
    
 1,571,970
  
Kinder Morgan Energy Partners, LP
              
3.95% due 09/01/22
    
 1,750,000
    
 1,535,021
  
Diamondback Energy, Inc.
              
7.63% due 10/01/21
    
 1,482,000
    
 1,482,000
  
Genesis Energy Limited Partnership / Genesis Energy Finance Corp.
              
6.00% due 05/15/231
    
 1,896,000
    
 1,450,440
  
Tesoro Logistics Limited Partnership / Tesoro Logistics Finance Corp.
              
6.13% due 10/15/211
    
 1,500,000
    
 1,365,000
  
SESI LLC
              
6.38% due 05/01/191
    
 1,625,000
    
 1,182,188
  
Marathon Oil Corp.
              
3.85% due 06/01/251
    
 1,625,000
    
 1,165,651
  
Western Refining Logistics Limited Partnership / WNRL Finance Corp.
              
7.50% due 02/15/231
    
 1,210,000
    
 1,107,150
  
Calumet Specialty Products Partners Limited Partnership / Calumet Finance Corp.
              
6.50% due 04/15/211
    
 1,375,000
    
 996,875
  
Kerr-McGee Corp.
              
6.95% due 07/01/24
    
 1,000,000
    
 994,001
  
Murphy Oil Corp.
              
3.70% due 12/01/22
    
 1,588,000
    
 918,774
  
Concho Resources, Inc.
              
5.50% due 04/01/231
    
 988,000
    
 901,046
  
Weatherford International Ltd.
              
5.13% due 09/15/20
    
 750,000
    
 538,125
  
Hess Corp.
              
3.50% due 07/15/24
    
 550,000
    
 452,434
  
Total Energy
          
 24,383,779
  
Industrial -  6.8%
              
Navios Maritime Acquisition Corporation / Navios Acquisition Finance US, Inc.
            
8.13% due 11/15/211,5
    
 3,601,000
    
 2,876,299
  
Masco Corp.
              
4.45% due 04/01/251
    
 2,500,000
    
 2,506,250
  
MasTec, Inc.
              
4.88% due 03/15/231
    
 2,612,000
    
 2,200,610
  
Reynolds Group Issuer Incorporated / Reynolds Group Issuer LLC / Reynolds Group Issuer Lu
            
7.13% due 04/15/191
    
 2,103,000
    
 2,145,060
  
TransDigm, Inc.
              
6.50% due 07/15/24
    
 2,125,000
    
 2,087,812
  
Eletson Holdings, Inc.
              
9.63% due 01/15/221,5
    
 2,183,000
    
 1,866,464
  
 
 
 
 
 
Advent Claymore Convertible Securities & Income Fund
  
SCHEDULE OF INVESTMENTS (Unaudited)
January 31, 2016
   
 
               
     
Face
        
     
Amount~
    
Value
  
CORPORATE BONDS†† - 49.0% (continued)
              
Industrial -  6.8% (continued)
              
Energizer Holdings, Inc.
              
5.50% due 06/15/251,5
   $
1,925,000
   $
1,795,063
  
Cleaver-Brooks, Inc.
              
8.75% due 12/15/191,5
    
 1,875,000
    
 1,771,875
  
Boise Cascade Co.
              
6.38% due 11/01/201
    
 1,725,000
    
 1,759,500
  
KLX, Inc.
              
5.88% due 12/01/221,5
    
 1,754,000
    
 1,648,585
  
Waterjet Holdings, Inc.
              
7.63% due 02/01/201,5
    
 1,472,000
    
 1,464,640
  
Dispensing Dynamics International
              
12.50% due 01/01/185
    
 925,000
    
 869,500
  
Navios Maritime Holdings Incorporated / Navios Maritime Finance II US Inc
              
7.38% due 01/15/221,5
    
 2,005,000
    
 729,319
  
Total Industrial
          
 23,720,977
  
Communications -  5.4%
              
Frontier Communications Corp.
              
11.00% due 09/15/251,5
    
 3,000,000
    
 2,902,499
  
Sprint Communications, Inc.
              
7.00% due 03/01/201,5
    
 2,975,000
    
 2,870,875
  
CenturyLink, Inc.
              
6.75% due 12/01/231
    
 3,000,000
    
 2,850,000
  
EarthLink Holdings Corp.
              
7.38% due 06/01/201
    
 1,962,000
    
 1,981,620
  
West Corp.
              
5.38% due 07/15/221,5
    
 2,250,000
    
 1,904,063
  
Neptune Finco Corp.
              
10.88% due 10/15/255
    
 1,525,000
    
 1,616,500
  
Intelsat Jackson Holdings S.A.
              
7.25% due 10/15/20
    
 915,000
    
 791,475
  
7.50% due 04/01/21
    
 525,000
    
 451,500
  
ViaSat, Inc.
              
6.88% due 06/15/201
    
 1,143,000
    
 1,204,436
  
Radio One, Inc.
              
7.38% due 04/15/221,5
    
 1,100,000
    
 988,625
  
Telesat Canada / Telesat LLC
              
6.00% due 05/15/171,5
    
 650,000
    
 656,500
  
GCI, Inc.
              
6.88% due 04/15/25
    
 614,000
    
 604,790
  
Hughes Satellite Systems Corp.
              
6.50% due 06/15/191
    
 270,000
    
 296,663
  
Total Communications
          
 19,119,546
  
Basic Materials -  5.0%
              
Celanese US Holdings LLC
              
5.88% due 06/15/211
    
 2,534,000
    
 2,698,710
  
4.63% due 11/15/221
    
 1,750,000
    
 1,701,875
  
Blue Cube Spinco, Inc.
              
10.00% due 10/15/251,5
    
 1,750,000
    
 1,898,750
  
Steel Dynamics, Inc.
              
5.50% due 10/01/24
    
 1,730,000
    
 1,565,650
  
St. Barbara Ltd.
              
8.88% due 04/15/185
    
 1,500,000
    
 1,462,500
  
Commercial Metals Co.
              
4.88% due 05/15/231
    
 1,480,000
    
 1,237,650
  
               
     
Face
        
     
Amount~
    
Value
  
CORPORATE BONDS†† - 49.0% (continued)
              
Basic Materials -  5.0% (continued)
              
Sappi Papier Holding GmbH
              
6.63% due 04/15/211,5
   $
1,200,000
   $
1,224,000
  
Compass Minerals International, Inc.
              
4.88% due 07/15/241,5
    
 1,250,000
    
 1,150,000
  
Novasep Holding SAS
              
8.00% due 12/15/165
    
 958,000
    
 936,445
  
Tronox Finance LLC
              
7.50% due 03/15/225
    
 1,375,000
    
 831,875
  
First Quantum Minerals Ltd.
              
7.00% due 02/15/215
    
 1,628,000
    
 744,810
  
A Schulman, Inc.
              
6.88% due 06/01/235
    
 792,000
    
 716,760
  
TPC Group, Inc.
              
8.75% due 12/15/205
    
 1,000,000
    
 670,000
  
Hexion, Inc.
              
8.88% due 02/01/18
    
 825,000
    
 565,125
  
FMG Resources August 2006 Pty Ltd.
              
9.75% due 03/01/225
    
 320,000
    
 279,200
  
Total Basic Materials
          
 17,683,350
  
Consumer, Cyclical -  5.0%
              
Hilton Worldwide Finance LLC / Hilton Worldwide Finance Corp.
              
5.63% due 10/15/211
    
 3,000,000
    
 3,104,999
  
Dana Holding Corp.
              
5.50% due 12/15/241
    
 1,676,000
    
 1,513,638
  
5.38% due 09/15/21
    
 959,000
    
 929,031
  
MGM Resorts International
              
6.00% due 03/15/231
    
 1,100,000
    
 1,099,313
  
7.75% due 03/15/22
    
 800,000
    
 851,000
  
L Brands, Inc.
              
5.63% due 02/15/22
    
 1,500,000
    
 1,614,000
  
Scientific Games International, Inc.
              
10.00% due 12/01/22
    
 2,000,000
    
 1,400,000
  
Global Partners Limited Partnership / GLP Finance Corp.
              
6.25% due 07/15/221
    
 1,375,000
    
 969,375
  
7.00% due 06/15/23
    
 499,000
    
 361,775
  
Brookfield Residential Properties, Inc.
              
6.38% due 05/15/251,5
    
 1,500,000
    
 1,271,250
  
Regal Entertainment Group
              
5.75% due 02/01/25
    
 1,291,000
    
 1,250,656
  
Speedway Motorsports, Inc.
              
5.13% due 02/01/231
    
 1,100,000
    
 1,102,750
  
First Cash Financial Services, Inc.
              
6.75% due 04/01/211
    
 1,110,000
    
 1,079,475
  
Travelex Financing plc
              
8.00% due 08/01/181,5
    
 725,000 GBP
    
 1,060,345
  
Total Consumer, Cyclical
          
 17,607,607
  
Technology -  2.1%
              
Qorvo, Inc.
              
7.00% due 12/01/251,5
    
 3,000,000
    
 2,985,000
  
 
 
 
 
Advent Claymore Convertible Securities & Income Fund
  
SCHEDULE OF INVESTMENTS (Unaudited)
January 31, 2016
   
 
               
     
Face
        
     
Amount~
    
Value
  
CORPORATE BONDS†† - 49.0% (continued)
              
Technology -  2.1% (continued)
              
NXP BV / NXP Funding LLC
              
5.75% due 02/15/211,5
   $
2,000,000
   $
2,077,500
  
First Data Corp.
              
5.38% due 08/15/235
    
 1,100,000
    
 1,124,750
  
ACI Worldwide, Inc.
              
6.38% due 08/15/201,5
    
 1,000,000
    
 1,028,750
  
Total Technology
          
 7,216,000
  
Diversified -  0.5%
              
Horizon Pharma Financing, Inc.
              
6.63% due 05/01/231,5
    
 1,875,000
    
 1,696,875
  
Total Corporate Bonds
              
(Cost $183,709,230)
          
171,979,939
  
SENIOR FLOATING RATE INTERESTS††,10 - 1.0%
              
Consumer, Non-cyclical -  0.6%
              
Sprint Industrial Holdings LLC
              
11.25% due 11/14/19
    
 1,650,000
    
 1,262,251
  
Caraustar Industries, Inc.
              
8.00% due 05/01/19
    
 876,145
    
 861,178
  
Total Consumer, Non-cyclical
          
 2,123,429
  
Basic Materials -  0.4%
              
Fortescue Resources August 2006 Pty Ltd.
              
4.25% due 06/30/19
    
 1,671,450
    
 1,167,926
  
               
     
Face
        
     
Amount~
    
Value
  
SENIOR FLOATING RATE INTERESTS††,10 - 1.0% (continued)
              
Basic Materials -  0.4% (continued)
              
Vertellus Specialties, Inc.
              
10.50% due 10/31/19
    
$532,250
    
$379,893
  
Total Basic Materials
          
 1,547,819
  
Total Senior Floating Rate Interests
              
(Cost $4,374,398)
          
3,671,248
  
Total Investments - 172.9%
              
(Cost $649,521,666)
        
$
606,899,858
  
               
     
Contracts
(100 shares
per contract)
    
Value
  
CALL OPTIONS WRITTEN†,* - 0.0%
              
Biogen, Inc. Expiring February 2016 with strike price of $310.00
    
66
  
$
(1,980
)
Amgen, Inc. Expiring February 2016 with strike price of $165.00
    
122
    
(4,026
)
Mylan N.V. Expiring February 2016 with strike price of $57.50
    
247
    
(11,609
)
Time Warner, Inc. Expiring February 2016 with strike price of $75.00
    
321
    
(33,063
)
Total Call Options Written
              
(Premiums received $135,489)
          
(50,678
)
Other Assets & Liabilities, net - (72.9)%
          
(255,919,896
)
Total Net Assets - 100.0%
        
$
350,929,284
  
 
 
 
 
Advent Claymore Convertible Securities & Income Fund
  
SCHEDULE OF INVESTMENTS (Unaudited)
January 31, 2016
   
 
*
Non-income producing security.
~
The face amount is denominated in U.S. Dollars, unless otherwise noted.
†
Value determined based on Level 1 inputs.
††
Value determined based on Level 2 inputs.
1
All or a portion of these securities have been physically segregated in connection with borrowings or reverse repurchase agreements. As of January 31, 2016, the total value of the positions segregated was $401,988,333.
2
All or a portion of these securities represent cover for outstanding written options. As of January 31, 2016, the total value of the positions segregated was $8,545,056.
3
Perpetual maturity.
4
Rate indicated is the 7-day yield as of January 31, 2016.
5
Security is a 144A or Section 4(a)(2) security. The total market value of 144A or Section 4(a)(2) securities is $120,860,095 (cost $131,163,909), or 34.4% of total net assets. These securities have been determined to be liquid under guildelines established by the Board of Trustees.
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
Security becomes an accreting bond after March 1, 2018 with a 2.00% principal accretion rate.
9
Security is an accreting bond until December 15, 2017, with a 4.00% principal accretion rate, and then accretes at a 2.00% principal accretion rate until maturity.
10
Variable rate security. Rate indicated is rate effective at January 31, 2016.
 
BV
Limited Liability Company
CAD
Canadian Dollar
EUR
Euro
GBP
Great Britain Pound
GmbH
Limited Liability
N.V.
Publicly Traded Company
plc
Public Limited Company
Pty
Proprietary
S.A.
Corporation
SAB de CV
Publicly Traded Company
 
 
See Sector Classification in Supplemental Information section.

The following table summarizes the inputs used to value the Fund’s investments at January 31, 2016 (see Note 1 in the Notes to Schedule of Investments):
 
Description
  
Level 1
Quoted Prices
    
Level 2 Significant Observable Inputs
    
Level 3 Significant Unobservable Inputs
    
Total
  
Assets
                        
Convertible Bonds
  
$
-
    
$
280,763,792
    
$
-
    
$
280,763,792
  
Corporate Bonds
    
-
      
171,979,939
      
-
      
171,979,939
  
Senior Floating Rate Interests
    
-
      
3,671,248
      
-
      
3,671,248
  
Convertible Preferred Stocks
    
75,576,941
      
-
      
-
      
75,576,941
  
Common Stocks
    
40,193,587
      
-
      
-
      
40,193,587
  
Short Term Investments
    
34,714,351
      
-
      
-
      
34,714,351
  
Forward Foreign Currency Exchange Contracts
    
-
      
402,477
      
-
      
402,477
  
Total Assets
  
$
150,484,879
    
$
456,817,456
    
$
-
    
$
607,302,335
  
Liabilities
                                
Call Options Written
  
$
50,678
    
$
-
    
$
-
    
$
50,678
  
Forward Foreign Currency Exchange Contracts
    
-
      
40,631
      
-
      
40,631
  
Total Liabilities
  
$
50,678
    
$
40,631
    
$
-
    
$
91,309
  
 
Transfers between investment levels may occur as the markets fluctuate and/or the availability of data used in an investment’s valuation changes. Transfers between valuation levels, if any, are in comparison to the valuation levels at the end of the previous fiscal year, and are effective using the fair value as of the end of the current fiscal period.

For the period ended January 31, 2016, there were no transfers between levels.
 
 
NOTES TO SCHEDULE OF INVESTMENTS (Unaudited)
January 31, 2016

For information on the Advent Claymore Convertible Securities and Income Fund’s (the “Fund”) policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent semiannual or annual shareholder report.

Note 1 – Accounting Policies:
 
The Fund operates as an investment company and accordingly follows the investment company accounting and reporting guidance of the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification Topic 946 Financial Services – Investment Companies.

The preparation of the financial statements in accordance with U.S. generally accepted accounting principles (“GAAP”) requires management to make estimates and assumptions that affect the reported amounts and disclosures in the financial statements. Actual results could differ from these estimates.

The following is a summary of the significant accounting policies followed by the Fund.

Equity securities listed on an exchange are valued at the last reported sale price on the primary exchange on which they are traded. Equity securities traded on an exchange or on the over-the-counter market and for which there are no transactions on a given day are valued at the mean of the closing bid and ask prices. Securities traded on NASDAQ are valued at the NASDAQ Official Closing Price. Equity securities not listed on a securities exchange or NASDAQ are valued at the mean of the closing bid and ask prices. Debt securities are valued by independent pricing services or dealers using the mean of the closing bid and ask prices for such securities or, if such prices are not available, at prices for securities of comparable maturity, quality and type. If sufficient market activity is limited or does not exist, the pricing providers or broker-dealers may utilize proprietary valuation models which consider market characteristics such as benchmark yield curves, option-adjusted spreads, credit spreads, estimated default rates, coupon rates, anticipated timing of principal repayments, underlying collateral, or other unique security features in order to estimate relevant cash flows, which are then discounted to calculate a security’s fair value. Exchange-traded funds and listed closed-end funds are valued at the last sale price or official closing price on the exchange where the security is principally traded. Exchange-traded options are valued at the closing price, if traded that day. If not traded, they are valued at the mean of the bid and ask prices on the primary exchange on which they are traded. Futures contracts are valued using the settlement price established each day on the exchange on which they are traded. The value of OTC swap agreements entered into by the Fund is accounted for using the unrealized gain or loss on the agreements that is determined by marking the agreements to the last quoted value provided by an independent pricing service. Forward foreign currency exchange contracts are valued daily at current exchange rates. The Fund values money market funds at net asset value. Short-term securities with remaining maturities of 60 days or less are valued at market price, or if a market price is not available, at amortized cost, provided such amount approximates market value.

For those securities where quotations or prices are not available, the valuations are determined in accordance with procedures established in good faith by management and approved by the Board of Trustees. A valuation committee consisting of representatives from investment management, fund administration, legal and compliance is responsible for the oversight of the valuation process of the Fund and convenes monthly, or more frequently as needed. The valuation committee reviews monthly Level 3 fair valued securities methodology, price overrides, broker quoted securities, price source changes, illiquid securities, unchanged priced securities, halted securities, price challenges, fair valued securities sold and back testing trade prices in relation to prior day closing prices. On a quarterly basis, the valuations and methodologies of all Level 3 fair valued securities are presented to the Fund’s Board of Trustees.

Valuations in accordance with these procedures are intended to reflect each security’s (or asset’s) fair value. Such fair value is the amount that the Fund might reasonably expect to receive for the security (or asset) upon its current sale. Each such determination is based on a consideration of all relevant factors, which are likely to vary from one security to another. Examples of such factors may include, but are not limited to: (i) the type of security, (ii) the initial cost of the security, (iii) the existence of any contractual restrictions on the security’s disposition, (iv) the price and extent of public trading in similar securities of the issuer or of comparable companies, (v) quotations or evaluated prices from broker-dealers and/or pricing services, (vi) information obtained from the issuer, analysts, and/or the appropriate stock exchange (for exchange traded securities), (vii) an analysis of the company’s financial statements, and (viii) an evaluation of the forces that influence the issuer and the market(s) in which the security is purchased and sold (e.g. the existence of pending merger activity, public offerings or tender offers that might affect the value of the security). There were no securities fair valued in accordance with such procedures established by the Board of Trustees as of January 31, 2016.
 

GAAP requires disclosure of fair valuation measurements as of each measurement date. In compliance with GAAP, the Fund follows a fair value hierarchy that distinguishes between market data obtained from independent sources (observable inputs) and the Fund’s own market assumptions (unobservable inputs). These inputs are used in determining the value of the Fund’s investments and summarized in the following fair value hierarchy:

Level 1 – quoted prices in active markets for identical securities

Level 2 – quoted prices in inactive markets or other significant observable inputs (e.g. quoted prices for similar securities; interest rates; prepayment speed; credit risk; yield curves)

Level 3 – significant unobservable inputs (e.g. discounted cash flow analysis; non-market based methods used to determine fair value)

Observable inputs are those based upon market data obtained from independent sources, and unobservable inputs reflect the Fund’s own assumptions based on the best information available. A financial instrument’s level within the fair value hierarchy is based on the lowest level of any input both individually and in aggregate that is significant to the fair value measurement. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

The following are certain inputs and techniques that are generally utilized to evaluate how to classify each major type of investment in accordance with GAAP.

Equity Securities (Common and Preferred Stock) – Equity securities traded in active markets where market quotations are readily available are categorized as Level 1. Equity securities traded in inactive markets and certain foreign equities are valued using inputs which include broker quotes, prices of securities closely related where the security held is not trading but the related security is trading, and evaluated price quotes received from independent pricing providers. To the extent that these inputs are observable, such securities are categorized as Level 2. To the extent that these inputs are unobservable, such securities are categorized as Level 3.

Convertible Bonds & Notes – Convertible bonds and notes are valued by independent pricing providers who employ matrix pricing models utilizing various inputs such as market prices, broker quotes, prices of securities with comparable maturities and qualities, and closing prices of corresponding underlying securities. To the extent that these inputs are observable, such securities are categorized as Level 2. To the extent that these inputs are unobservable, such securities are categorized as Level 3.

Corporate Bonds & Notes – Corporate bonds and notes are valued by independent pricing providers who employ matrix pricing models utilizing various inputs such as market prices, broker quotes, and prices of securities with comparable maturities and qualities, and closing prices of corresponding underlying securities. To the extent that these inputs are observable, such securities are categorized as Level 2. To the extent that these inputs are unobservable, such securities are categorized as Level 3.

Listed derivatives that are actively traded are valued based on quoted prices from the exchange and categorized in level 1 of the fair value hierarchy. Over-the-counter (OTC) derivative contracts including forward currency contracts, swap contracts and option contracts derive their value from underlying asset prices, indices, reference rates, and other inputs. Depending on the product and terms of the transaction, the fair value of the OTC derivative products can be modeled taking into account the counterparties’ creditworthiness and using a series of techniques, including simulation models. Many pricing models do not entail material subjectivity because the methodologies employed do not necessitate significant judgments, and the pricing inputs are observed from actively quoted markets. These OTC derivatives are categorized within level 2 of the fair value hierarchy.

Note 2 – Federal Income Taxes:
 
As of January 31, 2016, the cost of investments and accumulated unrealized appreciation/depreciation on investments for federal income tax purposes were as follows:
 
Cost of
Investments for
Tax Purposes
    
Gross Tax
Unrealized
Appreciation
    
Gross Tax
Unrealized
Depreciation
    
Net Tax
Unrealized
Depreciation on
Investments
    
Net Tax
Unrealized
Appreciation on
Derivatives and
Foreign Currency
  
$651,336,430
    
 
$8,551,863
    
 
$(52,988,435
)
  
 
$(44,436,572
)
  
 
$446,657
  
 
 

 
Note 3 – Forward Foreign Currency Exchange Contracts:
As of January 31, 2016, the following forward foreign currency exchange contracts were outstanding:

Contracts to Buy
  
Counterparty
Settlement Date
  
Settlement Value
    
Value at 1/31/16
    
Net Unrealized
Appreciation
(Depreciation)
  
EUR
    
1,400,000
                        
for USD
    
1,524,992
  
The Bank of New York Mellon
3/16/2016
  
$
1,524,992
    
$
1,516,641
    
$ 
(8,351
)
EUR
    
2,444,000
                              
for USD
    
2,668,066
  
The Bank of New York Mellon
3/16/2016
    
2,668,066
      
2,647,623
      
(20,443
)
EUR
    
2,100,000
                              
for USD
    
2,283,792
  
The Bank of New York Mellon
3/16/2016
    
2,283,792
      
2,274,962
      
(8,830
)
EUR
    
279,000
                              
for USD
    
305,252
  
The Bank of New York Mellon
3/16/2016
    
305,252
      
302,245
      
(3,007
)
     
$ 
(40,631
)


Contracts to Sell
  
Counterparty
Settlement Date
  
Settlement Value
    
Value at 1/31/16
    
Net Unrealized
Appreciation
(Depreciation)
  
CAD
    
550,000
                        
for USD
    
401,021
  
The Bank of New York Mellon
3/16/2016
  
$
401,021
    
$
390,833
    
$
10,188
  
EUR
    
11,000,000
                              
for USD
    
12,127,390
  
The Bank of New York Mellon
3/16/2016
    
12,127,390
      
11,916,468
      
210,922
  
EUR
    
404,000
                              
for USD
    
442,644
  
The Bank of New York Mellon
3/16/2016
    
442,644
      
437,660
      
4,984
  
GBP
    
753,000
                              
for USD
    
1,139,568
  
The Bank of New York Mellon
3/16/2016
    
1,139,568
      
1,068,218
      
71,350
  
GBP
    
29,000
                              
for USD
    
41,656
  
The Bank of New York Mellon
2/1/2016
    
41,656
      
41,137
      
519
  
GBP
    
1,103,000
                              
for USD
    
1,669,247
  
The Bank of New York Mellon
3/16/2016
    
1,669,247
      
1,564,733
      
104,514
  
     
$
402,477
  
Total unrealized appreciation for forward foreign currency exchange contracts
    
$
361,846
  
 
 
SUPPLEMENTAL INFORMATION (Unaudited)
 
Sector Classification
Information in the “Schedule of Investments” is categorized by sectors using sector-level classifications used by Bloomberg Industry Classification System, a widely recognized industry classification system provider. In the Fund’s registration statement, the Fund has investment policies relating to concentration in specific industries. For purposes of these investment policies, the Fund usually classifies industries based on industry-level classifications used by widely recognized industry classification system providers such as Bloomberg Industry Classification System, Global Industry Classification Standards and Barclays Global Classification Scheme.
Item 2. Controls and Procedures.

(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 (the “Investment Company Act”)) 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 changes in the registrant’s internal controls over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act) 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.

Item 3. Exhibits.

A separate certification for each principal executive officer and principal financial officer of the registrant as required by Rule 30a-2(a) under the Investment Company Act (17 CFR 270.30a-2(a)), is attached hereto.
 

SIGNATURES



Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Advent Claymore Convertible Securities and Income Fund

By:
 /s/ Tracy V. Maitland
Tracy V. Maitland
President and Chief Executive Officer

Date:     March 29, 2016

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

By:
 /s/ Tracy V. Maitland
Tracy V. Maitland
President and Chief Executive Officer

Date:     March 29, 2016

By:
 /s/ Robert White
Robert White
Treasurer and Chief Financial Officer

Date:     March 29, 2016