Convertible Securities: Attractive Asset Class for an Uncertain Economic Environment

February 01, 2012


Convertible Securities: Attractive Asset Class for an Uncertain Economic Environment

Convertible securities are bonds or preferred stock issued by corporations that are convertible into shares of an underlying common stock. The convertible’s price behavior, relative to changes in the underlying stock, looks much like a call option, with the bond value providing a floor if the stock price declines.

Please fill out the form to download the entire paper.