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 ...

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 ...

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 ...

James Chen, CMT is an expert trader, investment adviser, and global market strategist. Chip Stapleton is a Series 7 and Series 66 license holder, CFA Level 1 exam holder, and currently holds a Life, ...

Investors looking for income from traditional bonds were out of luck in 2020, as these generally provided returns of around 1% to 2%, or less. This led some investors to consider “convertible bonds,” ...

There are a wide range of strategies and securities available for advisors to manage the risk/return potential of their portfolios, but perhaps the least understood are preferred stocks and ...

Investors who are looking for fixed-income investments that offer higher returns than traditional bonds often turn to convertible bonds. These types of bonds offer the potential for higher returns ...

Convertible bonds and convertible stocks are a tool that public companies often use for large financings to avoid disturbing their equity cap tables. Warren Buffett’s Berkshire Hathaway has been a big ...

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 ...

Management has now said that the convertible bondholders have asked about exercising their options, implying up to 20% dilution is on the table. I am not as concerned about it; a lot of it should ...