Today’s convertible market also offers a breadth of opportunities across market caps, geographies, credit qualities, and levels of structural risk. Another key trend is the increased presence of ...
Convertible bonds sit in an odd corner of capital markets: corporate debt with an embedded equity option, paying coupon income while carrying upside tied to the issuer’s stock. The SPDR Bloomberg ...
Every underlying holding within CWB represents a hybrid bond issued by a growth company that typically struggles to tap traditional investment-grade credit markets. Each instrument pays a regular ...
SPDR Bloomberg Convertible Securities ETF (CWB) returned 19% year to date and 34% over one year, outpacing the S&P 500, while offering a 1.42% distribution yield backed by embedded equity options with ...
NEW YORK--(BUSINESS WIRE)--Advent Capital Management, LLC, an investment management firm with approximately $8.7 billion in assets under management (as of October 31, 2015), today announced the ...