Convertibles Category

Convertible bond portfolios are designed to offer some of the capital-appreciation potential of stock portfolios while also supplying some of the safety and yield of bond portfolios. To do so, they focus on convertible bonds and convertible preferred stocks. Convertible bonds allow investors to convert the bonds into shares of stock, usually at a preset price. These securities thus act a bit like stocks and a bit like bonds.

Abbreviation: CV

Broad Asset Class: Balanced

Primary Index: Morningstar Moderate Target Risk  

Secondary Index: ML Conv Bond, All Qualities