The definitive guide to reduced-risk investing in the $450 billion convertible securities market From Advent Capital Management-one of the world's top experts on convertible securities-Convertible Securities describes the mechanics and behavior of convertible securities in comprehensive yet easy-to-understand language. Written for discerning investors as well as corporate CFOs and Treasurers seeking quantitative insights and theories presented in a methodical and understandable format using recent and relevant examples. The book explains the mathematical underpinnings of convertible securities and provides thorough analyses of convertibles from every angle-including those of various types of investors and issuers and numerous related disciplines (tax, performance analysis, accounting, risk management, etc.). Specific topics include: *Unique and Valuable Features in Convertible Bonds and Preferreds *How Savvy Investors Use Convertibles in their Portfolios *How CFOs Optimize Corporate Capital Structures with Convertibles *Valuation & Quantitative Properties of Convertibles *Investment Behavior *Asset Allocation Models *Convertible Bonds for Related Professions *Practical Considerations for Allocators-and much more!