A convertible bond is a type of fixed income security sold by public companies that can be converted into common shares of the issuing company’s stock. Convertible bonds work just like ordinary ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Companies can raise money to run their businesses in many ways. Sometimes a company will raise equity. When they raise equity, they sell a portion of the business to a new partner or issue shares to ...

As we can immediately see, the only fund with a higher yield than the Virtus Convertible & Income Fund II is the Advent Convertible & Income Fund. In isolation, this is something that will likely ...

ICVT follows the convertible bond market, but it seems it cannot benefit from its main advantages. It does not optimize convexity or asset selection, two elements, in my opinion, essential for this ...