Advent’s Defensive Convertibles Strategies (Advent Phoenix) focus on convertible securities with a higher bond content (trading closer to par value) and, thus, are often utilized as either an enhanced fixed income strategy or as a conservative equity replacement. Advent performs bottom-up fundamental credit analysis and equity research to identify out-of-favor companies and sectors with stable balance sheets, stable cash flow, and excellent management teams.
Phoenix Convertible Income Strategy - Institutional Clients
Advent’s Phoenix Convertible Income Strategy, our domestic defensive convertibles strategy for institutional clients, invests in USD denominated securities and utilizes a fixed-income approach to convertible securities by performing bottom-up fundamental credit analysis to identify undervalued opportunities.
Please fill out the form below to access additional information