U.S. Markets open in 37 hrs, 45 mins
| Symbol | Value | Change | Percentage Change |
|---|---|---|---|
| DJIA | 11,220.96 | 32.73 | 0.29% |
| NASDAQ | 2,255.88 | -3.16 | -0.14% |
| S&P 500 | 1,242.31 | 5.48 | 0.44% |
Convertibles
Average
| Prev. Nav 9/4/08 | 12.59 | |
|---|---|---|
| Current Offer | 12.60 | |
|
YTD Return 7/31/08
|
-5.44% | |
|
Total Assets
|
963.9 M |
| 52-Wk Low | 12.59 | |
|---|---|---|
| 52-Wk High | 15.31 | |
| Range | 2.72 |
The investment seeks current income and long-term capital appreciation.
The fund normally invests at least 80% of assets in convertible securities that combine the investment characteristics of bonds and common stocks. Convertible securities include corporate bonds and preferred stocks that are convertible into common stock, as well as debt securities with warrants or common stock attached. Convertible securities tend to have credit ratings that are below investment-grade.
| Name | % of Total Fund Assets | |
|---|---|---|
| Gilead Sciences 144A Cv 0.5 () | 3.29 % | |
| Bk Amer Pfd () | 2.67 % | |
| Ciena Cv 0.25 () | 2.28 % | |
| Chesapeake Engy Cv () | 2.27 % | |
| Teva Pharma Fin Cv 1.75 () | 2.11 % | |
| View All Holdings | ||
Convertibles
Average
