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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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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When Rates Rose, CICVX Outperformed Both Stocks And Bonds

March 5, 2021

While fixed income tends to lose value in an environment of rising interest rates, equities in many cases have historically headed the opposite direction. Joe Wysocki, Senior Vice President and Senior Co-Portfolio Manager of Calamos Convertible Fund (CICVX), reviews the active management that led to outperformance of both stocks and bonds as rates rose from August to February.

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