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 ...
Understand conversions in options trading as a strategy of exchanging assets like bonds or shares at set prices by specific ...
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 ...
Convertible bonds are, customarily, fixed rate debt instruments issued by a company (the “issuer”), the terms of which allow the holders of the bonds to convert them into ordinary shares (common stock ...
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 ...
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 ...
Some fixed-income specialists think convertible bonds could be more popular with institutional investors this year — despite warnings that 2022 will be a hostile climate for fixed income as inflation ...
As we can see, even the convertible bond index fund is only yielding 2.12%, with both global and domestic equity indices yielding less than that. As such, the Virtus Equity & Convertible Income Fund ...