Investment Team Voices

Finding Attractive Convertible Opportunities … and Likely More on the Way

Jon Vacko, Joe Wysocki
April 4, 2024

A broadening out of equity market leadership could be beneficial for small-cap and mid-cap growth companies, which are well represented in the convertible universe, which is expanding with a steady stream of new issuance. Within Calamos Convertible Fund (CICVX), we actively manage security-specific risk/reward tradeoffs.

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Global Convertibles for a Surprising World

Eli Pars
April 4, 2024

We continue to find many opportunities in the new issuance market. We’ve been taking advantage of refinancing trends and have been able to invest in companies we like with higher coupons and lower conversion premiums. We’ve also initiated exposure to higher-octane companies in fast-growing areas, taking on less exposure to downside than equity investors.

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