Investment Ideas

Why The Economist Calls Convertibles ‘the Asset Class for the Times’

July 19, 2021

Converts were “almost tailor-made for the circumstances of spring 2020,” and it’s easy to “imagine future economic dislocations on the horizon,” according to The Economist on July 10. The coverage focuses on convertible bonds as a “flexible source of capital,” offering advantages over straight debt or equity for both issuers and investors.

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What Could a Bond Alternative Do for Your Clients This Decade?

May 20, 2021

The declining interest rates of the past decade provided a strong tailwind for bond funds. And yet, Calamos Market Neutral Income Fund (CMNIX) managed to add value by delivering a bond-like return with a bond-like standard deviation but without the bond-like risk exposures.

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Send This Baby to College, With Help from CGIIX

May 11, 2021

This hypothetical illustration using Calamos Growth and Income Fund (CGIIX) never dipped below the total amount the parents had saved, never giving them a strong reason to be discouraged or lose faith in the sacrifice they made early on in their child’s life. This makes a difference.

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WATCH: The Animated Convertible Price Track

May 3, 2021

The Convertible Price Track illustrates the theoretical relationships between a convertible bond’s price and the par value of the bond as the underlying stock price rises or falls. Now it's animated!

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