In keeping with the above, it’s important to know whether the convertible bond issuer is a weak company with lower prospect of ultimately providing a good return or a stronger prospect caught in ...
NCZ-A offers a 5.5% cumulative annual dividend, trading at $20.59 with a current yield of 6.70%, and is eligible for ...
Sarinya Pinngam / EyeEm / Getty Images Convertible bonds are typically issued by companies that have high expectations for growth and less-than-stellar credit ratings. The companies get access to ...
For example, Amazon was able to obtain a 4.75% interest rate on convertible bonds in 1999. Companies with weak credit ratings that expect their earnings and share prices to grow substantially ...
Complementary convertible ... ratings to strategies they’re confident will outperform a relevant index, or most peers, over a market cycle on a risk-adjusted basis. It continues to earn an Above ...
Miller Convertible Bond Fund earns a Below Average Process Pillar rating. The process is strengthened by the experience of the management team, which averages 25 years at this fund. However ...
Citigroup said it would use proceeds “for its general corporate purposes”. This is the first convertible bond launched in Europe this year and a rare synthetic exchangeable. Citigroup issued a €380m ...
What are convertible ... BBB and above. Anything below investment grade increases repayment risk and the investor needs to carefully weigh the rationale," Ven says. Corporate bond ratings give ...
Shares of Virtus Convertible & Income Fund (NYSE:NCV – Get Free Report) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $3.57 and traded ...
As we can see, even the convertible bond index fund is only yielding 2.12 ... Fund managed to beat three out of the four indices shown above over the past five years: The fund only underperformed ...
Reviewed by Thomas Brock The transformation of convertible bonds into shares of stock is usually done at the bondholder's discretion. Sometimes, the trigger on a convertible bond is share price ...