CHY - Convertibles Outperformed Fixed Income In The 1st Half Will They Catch Up To Equities In The 2nd?
- Convertibles finished the first half of 2021 as the top fixed income asset class, extending their performance as the best performing fixed income asset class of both last year and the year before.
- Throughout the year, the Calamos Convertible Fund (CICVX) portfolio management team has been optimistic about the opportunities they’ve been finding.
- By June 30, the ICE BofA All U.S. Convertibles Index (VXA0) returned 6.9% while the S&P was up 15.25%.
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Convertibles Outperformed Fixed Income In The 1st Half, Will They Catch Up To Equities In The 2nd?