: Funds allow you to own a pool of different convertible bonds, reducing the risk associated with a single company .
: Popular options include the SPDR Bloomberg Convertible Securities ETF (CWB) and the iShares Convertible Bond ETF (ICVT) . how to buy convertible bonds
: Professional managers handle the complex timing of conversion options and embedded features . : Funds allow you to own a pool
: While some major brokerages allow you to buy individual bonds, many do not offer them because they are more complex than traditional corporate bonds . : While some major brokerages allow you to
Buying convertible bonds—hybrid securities that offer regular interest payments with the option to convert into company stock—is primarily done through two methods: indirect investment via funds or direct purchase through specialized brokerage accounts .
: You may need to work with a specialized investment advisor to access specific new issues .
: You can sometimes buy existing convertible bonds on the secondary market through a full-service broker . Key Investment Considerations Jumping Into Convertible Bonds?