Robert L. Salvin
Co-Head of Corporate and Tax-exempt Credit
Whitepapers
Holding the middle ground with convertible securities
February 2019
With characteristics of stocks and bonds, convertible securities can help diversify a portfolio. This study highlights Putnam's active approach to managing a convertibles portfolio.
Blog posts
Higher rates are unlikely to detour convertibles
6/13/2013
A common misperception of the convertibles market is that the returns of these securities are more dependent on interest rates ...
Positive climate for convertible securities
6/14/2012
Today's low corporate default rate combined with attractive credit spreads and equity valuations provide an attractive climate for convertible securities,
Part 2: Hold the middle ground
12/16/2010
Dogged by lingering memories of the 2008–2009 bear market, many investors remain cautious about increasing their exposure to equities — ...