Convertible ETF: A Hybrid Stock, Bond Play
February 18, 2015 at 09:30 AM EST
Investors who are seeking additional yields but are also wary about volatility ahead can turn to a convertible bond-related exchange traded funds. The SPDR Barclays Convertible Securities ETF (NYSEArca: CWB) has a 1.94% 30-day SEC yield and increased 1.9% year-to-date. Convertible bonds are a type...