CWB / Calamos Brings Convertible Expertise to ETF Market

The convertible bond market has long been an appealing place to look for total return potential. However, demand for convertible bond ETFs has been mi more_horizontal

An upside to rising rates is the market's reintroduction to fixed-income assets providing a decent income. As exciting as auctions and secondary marke more_horizontal

Calamos Investments has an extensive history as an active mutual fund manager, but it made a splash in the ETF space when it launched its first ETF in more_horizontal

CWB holds a diversified portfolio of convertible bonds. About 80% of the portfolio's issuers have no credit rating. more_horizontal

When considering that convertible bonds are among the fixed income assets that behave most like stocks, 2022 was a dreadful year to be engaged with th more_horizontal

Convertible bonds were, at one time, an excellent "hybrid" investment. That is no longer the case, thanks to years of loose Fed-induced monetary condi more_horizontal

Convertibles are bond/stock hybrids that can offer a combination of the downside protection of bonds and the upside potential of stocks. more_horizontal

Canadian Western Bank has been printing more shares to support a balance sheet expansion. This should result in an above-average net interest income i more_horizontal