Convertible securities can be a defensive way to play the stock market.

A month ago, it had $217 million of Lehman convertible securities.

Some financial advisers say most investors do not need convertible securities.

Indeed, it is hard not to find the convertible securities the more attractive alternative.

If they fail, convertible securities will be turned into equity on an “as-needed basis”.

Of course, there are still risks to consider when acquiring convertible securities.

The 24 convertible securities funds yielded 4 percent, on average, in the latest 12 months.

The difference is in the treatment of stock options, warrants and some convertible securities.

The source said proceeds from the convertible securities would be used for general corporate purposes.

It invests at least 85 percent of its assets in convertible securities.

That's because it owned no bonds, just convertible securities and stocks.

Most recently, common stocks and convertible securities accounted for 60 percent of total assets.

The convertible securities were all converted into common stock.

Banks, brokers and insurance companies raised $370 billion from sales of common stock or convertible securities last year.

The agreement also requires Kmart to sell at least $750 million in convertible securities.

That leaves them with a paper loss of about $1 billion, valuing the convertible securities at face value.

Generally, he said, convertible securities, which pay interest, give investors exposure to stock market profits but with less risk.

Hellmann 2001 To find explanations for the use of convertible securities.

However, whether it will be applicable can depend upon the distribution of such convertible securities.

Instead, Ambac will raise $1.5 billion selling stock and convertible securities to the public.

The bank reported a fall in net profit last year and said it would issue up to 1.3bn of convertible securities to boost its capital.

Just last month Carolco sold those companies $65 million of convertible securities to help pay down debt.

Part of any stake purchase could take the form of convertible securities.

But, they said, investors have turned increasingly to yield-oriented products, such as convertible securities.

Convertible securities account for 43 percent of the fund, which recently yielded 8.2 percent.