Top Performer Convertible Securities CEFs Funds June 2011

Background about convertible bond

Convertible bonds offer the opportunity to convert a bond into the company's stock. This will give the investor higher appreciation potential if the company's stock value increases. This bond also has potentially lower coupon payments when compared to non-convertible bonds with similar credit rating and average maturity features. In some market conditions, these convertible bonds may carry potential risks and advantages similar to bonds, and in others their risks and benefits are more similar to equities.

Convertible Bond Closed End Funds

Many investors don't know a lot about closed end fund, however closed end funds can provide attractive opportunity for long term investor to invest in these funds.Closed End Funds are traded like stocks or equities. These funds can be either traded on premium or discount to its Net Asset Value or NAV. Most of these funds are part of leverage funds.

The following top performers information is compiled from financial website such as CEFConnect, Morningstar, and CEFA.
The 10 Top Performer Convertible Securities CEF Funds June 2011:
  1. Putnam High Income Securities
  2. Calamos Convertible & High Income
  3. Advent Claymore Convertible Securities & Income
  4. AGIC Convertible & Income II
  5. Gabelli Convertible & Income Securities
  6. Advent Claymore Global Convertible Securities & Income
  7. Ellsworth Fund Ltd
  8. Calamos Convertible Oppportunity Income
  9. AGIC Convertible & Income
  10. Bancroft Fund Ltd

Detail about fund information can be found below.

updated on June 19th, 2011

Disclosure: No Position


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