CCD: Great Opportunities From Convertibles On This High Yielder

Summary

  • Convertible securities offer the best of fixed-income and common stocks.
  • CCD is one of the easiest ways for investors to purchase these securities and obtain a 7.57% yield at the same time.
  • The policies of the Federal Reserve have made it exceptionally difficult for investors to obtain any level of income.
  • The distribution of the fund appears to be quite safe.
  • The fund is currently trading at a greater premium than normal so it looks rather expensive.
  • Looking for a helping hand in the market? Members of Energy Profits in Dividends get exclusive ideas and guidance to navigate any climate. Learn More »
stack of dollars spread out
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One of the more interesting types of security is convertibles. These are fixed-income securities that are capable of being converted into common equity of the issuing company once certain conditions are met. This helps to solve one of the biggest problems that

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