Credit risk is greater for below investment -
grade convertible securities.
The ICE BofAML All U.S. Convertible Index consists of convertible bonds traded in the U.S. dollar denominated investment grade and non investment
grade convertible securities sold into the U.S. market and publicly traded in the United States.
Not exact matches
Our team of credit professionals deliver sales and trading capabilities across a wide range of fixed income asset classes including high yield, distressed and investment
grade bonds,
convertible bonds, public and private corporate
securities, leveraged loans and emerging market debt.
We trade all fixed income assets, with a focus on more illiquid situations, from high yield, distressed and investment
grade bonds and
convertible bonds to public and private corporate
securities and leveraged loans.
It is a multi-asset fund but it is largely unconstrained: it targets US and international income - producing
securities including common stock, high - yield and investment
grade debt, preferred shares and
convertibles, and a variety of hedges including gold, precious metals, currency forward contracts, and inflation - linked vehicles.
Up to 20 % of the Funds assets may be invested in
convertible securities, and these
securities may not have an investment -
grade rating, which would make them riskier than
securities with an investment -
grade rating.
In addition, up to 20 % of the Fund's total net assets may be invested in
convertible securities, which may not have an investment -
grade rating.
Domestic common stocks Foreign common stocks Domestic bonds (investment
grade, not junk) Foreign bonds High - yield (aka junk) bonds Cash - type assets (cash equivalent) Longer - term fixed - dollar (guaranteed principal) assets Investment real estate Other tax - sheltered investments
Convertible securities Gold and other precious metals Collectibles Other assets
At least 80 % of the portfolio will be invested in traditional sorts of credit
securities — mostly «sub-investment
grade securities» — while up to 20 % might be placed in
convertibles or hybrid
securities.
Convertible securities are also rated below investment
grade (high yield) or are not rated, and are subject to credit risk.
Our extensive experience includes advising on some of the largest and most complex
securities offerings ever by Chinese issuers, including Hong Kong and U.S. IPOs, rights offerings, high - yield and investment -
grade debt offerings,
convertible and exchangeable debt
securities, and complex liability management exercises.
Ni represents clients in a variety of offerings, including primary and secondary equity,
convertible notes, investment -
grade and high - yield debt, and hybrid
securities.
Tags for this Online Resume: Consumer Products, Income Statement,
Securities, Bonds, Mutual Funds, Automotive, Due Diligence, Balance, fixed income, credit, high yield, investment
grade,
convertibles
US and non-US sovereigns, agencies, residential and commercial mortgage - backed
securities, asset - backed
securities, investment and non-investment
grade corporates,
convertible bonds and emerging market debt