Our Assessment of This Unusual Convertible Market
August 1, 2022
Convertible securities continue to be an attractive means of taking a more measured approach to the equity market.
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Investment Ideas
How Convertibles Have Rebounded After Steep Declines
June 3, 2022
Double-digit returns have followed previous drawdowns.
Read PostThe 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 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 PostWhy 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.
Read PostBarron’s Q&A Features John Calamos on Convertibles’ Appeal
March 19, 2021
Is inflation coming back? Are interest rates rising? Calamos Founder, Chairman and Global Chief Investment Officer John P. Calamos, Sr. on the value of using actively managed convertibles to pursue growth in this environment.
Read PostDon’t Be Fooled by 2020’s Snapback—The Next Equity Drawdown Could Be More Typical: Longer and More Destructive
February 17, 2021
Notwithstanding the markets' spectacular rebound last year—and mindful that this February stocks are back to trading at record highs—we’ll return to our original premise: There’s merit to seeking to minimize the depth and length of a drawdown.
Read PostCalamos on the Markets: Announcing Our January CIO Conference Call Series
January 5, 2021
Investment professionals, join us for a January 2021 series of calls with members of the Calamos Investment Management Team providing outlooks on convertibles, liquid alternatives, U.S. and emerging markets equities, and fixed income.
Read PostVolatility Is Our Specialty, 2020 Confirms
Brandon Nelson, CFA, Eli Pars, Jason Hill, John Hillenbrand, Michael Grant
December 14, 2020
We revisit some of what Calamos portfolio management teams were saying (and doing) as markets began to reflect the uncertainty related to COVID-19 and its repercussions—and the impact of positioning decisions made, largely in the tumult of the first half of the year.
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