Convertible bonds (aka "CBs") are arguably an under-used and under-appreciated asset class because many consider the combination of high-yield debt and an equity option to be more complex than either a stock or bond alone. CBs are usually issued by issuers most bond investors would consider relatively high risk, where in exchange for a relatively valuable option to participate in the upside of the issuer's stock, the bond pays a significantly lower fixed interest rate or coupon. Given that many issuers of CBs are growth companies where this upside is considered valuable to the investor,