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 ...

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,” ...

Slowdowns in US IPO, high yield and syndicated loan markets have revived US convertible bond issuance as borrowers seek out cheaper debt due to rising interest rates US borrowers have turned 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 ...

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 ...