How Convertibles Have Rebounded After Steep Declines
June 3, 2022
Double-digit returns have followed previous drawdowns.
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Investment Ideas
The Last Time Inflation Peaked, Convertibles Outperformed Stocks and Bonds
April 28, 2022
The structural benefits of convertible securities helped convertible funds outperform both the S&P 500 and the Bloomberg US Aggregate Bond Index in the high inflationary period between 1979 and 1981.
Read PostWATCH: The Animated Convertible Price Track
April 8, 2022
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!
Read PostFebruary CIO Call Series Replays Now Available
February 24, 2022
Replays of the CIO calls held over a three-week period in volatile February 2022 are now available.
Read Post‘We’ve Been Here Before:’ Convertible Market Rotations, Volatility May Set Up Opportunities for CICVX
Jon Vacko, Joe Wysocki
February 15, 2022
An issuer base significantly larger than two years ago, strong fundamentals, increasingly attractive valuations and M&A opportunities are all part of what appeals to the Calamos Convertible Fund (CICVX) portfolio management team as they manage risk/reward in today’s market.
Read PostIn the Doldrums About Fixed Income in 2022? Our View on Convertibles Could Cheer You Up
February 3, 2022
When interest rates rise, convertibles have performed much better than traditional fixed income. What’s more, the convertible market is healthy and broadening, having set a record in 2021 for the number of first-time issuers and borrowers less than three years old.
Read PostCMNIX + CICVX: Adjust the Dials for the ‘Right’ Blend of Market Risk, Volatility, Return Profile
December 2, 2021
You think peanut butter and chocolate are an appealing combination? Try mixing Calamos Market Neutral Income Fund (CMNIX) and Calamos Convertible Fund (CICVX).
Read PostMore on Convertibles and Rising Interest Rates
October 21, 2021
Our recently updated Convertible Securities: Structures, Valuation, Market Environment and Asset Allocation guide, by Calamos Founder, Chairman and Global CIO John P. Calamos, Sr., with Co-CIO and Senior Portfolio Manager Eli Pars provides additional insights on the relationship of the asset class and rising interest rates.
Read Post6 Ways to Use Convertibles to Potentially Manage U.S., Non-U.S. Equity Risk
September 9, 2021
Have it your way: Calamos’ six actively managed open-end funds use convertibles to support a variety of asset allocation goals.
Read PostConvertibles Can Help Mitigate the Biggest Risk in Your Asset Allocation (Fixed Income): CICVX PMs
Jon Vacko, Joe Wysocki
August 18, 2021
And, for those using convertibles to pursue equity gains, the convert market looks more "growth-y" from a sales perspective versus the broader market than it has in the past 20 years, according to the Calamos Convertible Fund (CICVX) portfolio management team.
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