This strategy seeks to give investors exposure to convertible bonds and preferred equity securities while aiming to earn a higher yield with less risk relative to its benchmark.
What is the Convertible Strategy?
• Invests in both convertible security ETFs and company-specific preferred equity securities.
• Preferred securities in the portfolio are selected for inclusion based on a bottom-up approach focused on attractive valuations, analysis of underlying issuer’s credit quality, and favorable fundamental characteristics.