Insights

Advent’s closed-end fund Associate Portfolio Manager, Tony Huang, highlights convertibles as an asset class and the benefit of convertible investing in closed-end funds with Money Life Podcast host Chuck Jaffe.

Advent’s President & CIO, Tracy Maitland, discusses with Barron’s wealth platform Penta to outline the basics of convertible bonds, why they can be a core strategy, and why high-net-worth investors may want to consider the asset class during the current market environment.

This paper examines why convertibles should be given full and fair consideration by investors even though the asset class’ positive asymmetry, demonstrating more equity-like characteristics on the upside and more bond-like attributes on the downside, is not always included in optimization models.

Advent Capital Management’s Barry Nelson explains what a convertible security is and why convertibles are an attractive investment option.

This paper updates an earlier version published in September 2014. We have extended our data set and added analysis of returns by rating bands. Our conclusions remain the same.

Convertibles, Capturing the Upside with Meaningful Downside Protection

Convertibles have historically performed well in a rising interest rate environment.