Wellesley Asset Management, Inc.

Discover the Potential Power of Convertible Arbitrage! Convertible arbitrage exploits market volatility and seeks to deliver absolute returns in any market environment. With specialized management and over 100 years of combined experience in convertible bonds, Wellesley’s convertible arbitrage strategy may offer: - Opportunity to profit in volatile markets - Potential returns regardless of market direction - Low Volatility - Non-correlation to stocks, bonds, and other alternatives Hear from David Clott, CFA, Co-CIO and Portfolio Manager, of the Miller Market Neutral Income Fund (MMNIX) on how convertible arbitrage can navigate challenging markets! https://lnkd.in/egzqdh-k ???????????? ?????????? ?????????????? ???????? ?????????????????? ?????? ???????????????? ???????? ???? ??????????????????. ?????????? ???? ???? ?????????????????? ???????? ?????? ???????? ???????? ?????????????? ?????? ???????????????????? ????????????????????. ?????????????????? ???????????? ?????????????????? ???????????????? ?????? ???????????????????? ????????????????????, ??????????, ??????????????, ?????? ???????????????? ???? ?????? ???????????? ???????????? ?????????????? ????????. ???????? ?????? ?????????? ?????????????????? ?????????????????????? ?????????? ?????? ???????? ???? ?????????????????? ???? ?????? ????????????????????, ?????????? ?????? ???? ???????????????? ???? ?????????????? 781-416-4000. ?????? ???????????????????? ???????????? ???? ???????? ?????????????????? ???????????? ??????????????????. ?????? ???????????? ???????????? ?????????????? ???????? ???? ?????????????????????? ???? ???????????????? ???????????? ????????????????????????, ??????, ???????????? ??????????/????????. ?????????????????? ?????????? ????????????????????, ??????. ?????? ???????????????? ???????????? ????????????????????????, ?????? ?????? ?????? ???????????????????? ????????????????. 20250317-4322616

???Celebrating Women's History Month??? ? Today, the wonderful women of #Wellesley gathered for a special lunch at The River House in Portsmouth, NH. It was a great day to celebrate the occasion with shared stories, laughter, and a deep appreciation for the remarkable contributions we have all made as a team. ? Here's to celebrating the incredible achievements of women and cherishing the moments we share together!

Wellesley Asset Management’s Jim Buckham CFA, Portfolio Manager and Co-CIO, quoted in Bloomberg News?in an interview with Senior Equities Reporter Bailey Lipschultz on the convertible debt market and what that could mean for the $73 billion wall of pandemic-era borrowing maturing in the next two years – expecting a wave of refinancing for the companies. To view this story in Bloomberg click here: https://lnkd.in/eAJYu585 ???????? ?????????????? ???????????????????????? ?? ?????????????????? ?????????????? ???? ?????? ???????????????????? ???????????????? ???????? ?????? ???? ?????? ?? ???????????????????????????? ???? ?????? ???? ???????? ?????? ???????????????? ???? ?????????? ???? ???? ???????????????????? ????????????. KS02272025-1-33

May this President's Day ignite a spark of appreciation for our nation's leaders, who have shaped our collective journey. Wishing you all a wonderful President’s day from all of us at #Wellesley Asset Management!

#Wellesley Asset Management’s Portfolio Manager and Co-CIO, David Clott, CFA quoted in Bloomberg article, describes MicroStrategy’s most recent move to raise capital. "A 10% yield is not cheap capital, but given the company’s profile, I think it’s appropriate,” said David Clott, CFA in an interview with Markets Reporter, Yiqin Shen. “And they’re not diluting existing investors as they had done so with the previous convertible offerings. It’s a good result for them, as they’ve opened up a new market for funding.” Read the full article here on Yahoo Finance: https://lnkd.in/eYugVCEp This posting of a Bloomberg interview is for informational and discussion purposes only and is not a recommendation to buy or sell any security or meant to be investment advice. DB02042025-1-25

Wellesley Asset Management’s Jim Buckham CFA, Portfolio Manager and Co-CIO, quoted in The Wall Street Journal in an interview with Markets Reporter Vicky Ge Huang, describes a convertible bond hedging strategy, known as convertible arbitrage, where volatility in an underlying stock can lead to profit. “The owner of a convertible bond is long the option, so they are always selling when the stock goes higher and buying when the stock goes lower to stay hedged.” Read the full article here: https://lnkd.in/gaQZiatx ???????? ?????????????? ???????????????????????? ?? ???????? ???????????? ?????????????? ?????????????? ???? ?????? ???????????????????? ???????????????? ???????? ?????? ???? ?????? ?? ???????????????????????????? ???? ?????? ???? ???????? ?????? ???????????????? ???? ?????????? ???? ???? ???????????????????? ????????????. DB01232025-2-21

Had a great night celebrating with the #Wellesley team at the The Music Hall, Portsmouth, NH for our annual holiday party. This year’s holiday party was extra special, with some live music from The Alex Anthony Band! ????

Now that #Wellesley is in full swing for 2025, it’s nice to take a moment to reflect on the year and some of the successes we have accomplished as a firm. We couldn’t have done it without the support of our clients, partners, and employees – here’s to 2025! ??????????-?????????? ???????????????? ?????? ?????????????????????? ???????? ?????????????? ???????????????? ?????? ???? ?????????????????? ???? ???????????? ???????????????????? ??????????????. ?????????????? ???????? ?? ???????????? ?????????? ?????????????? ???????? ?????? ???????????? ???????? ?? ???????????? ???? ?????????????????????? ???????????? ???????? ???????????????????? ?? ???????????? ?????????? ???? ?????????????????????? ???? ??????????????. ?????????????? ???????????? ?????? ???? ???????????????????? ???? ?????????????????????? ?????? ?????? ?????????????? ???? ?????? ????????????, ?????? ?????? ???????? ???????????????????????????? ???? ?????? ?????? ????????????’?? ????????????????????. ???????????? ?????????? ???????? ?????? ?????????? ??????????????????????. ???????????? ?????????????????? ??????????????????, ?????? ???????????? ?????????? ?????? ?????????? ???? ?????? ??????-???????? ???????????? ?????????????????????? ?????????????????? ?????? ???????? ????????????. ???? ???????????????????????? ?????? ???????? ???? ?????? ???? ?????????????? ???? ???? ???????????????????? ?????? ?????? ??????????????. ?????????????????? ???????????? ?????????????????? ???????????????? ?????? ???????????????????? ????????????????????, ??????????, ?????????????? ?????? ???????????????? ???? ?????? ???????????? ???????????????????????? ???????? ?????? ?????? ???????????? ???????????? ?????????????? ???????????? ????????. ???????? ?????? ?????????? ?????????????????? ?????????????????????? ?????????? ?????? ?????????? ?????? ?????????????????? ???? ?????? ????????????????????, ?????????? ?????? ???? ???????????????? ???? ?????????????? 781-416-4000. ?????? ???????????????????? ???????????? ???? ???????? ?????????????????? ???????????? ??????????????????. ?????? ???????????? ???????????????????????? ???????? ?????? ?????? ???????????? ???????????? ?????????????? ???????????? ???????? ?????? ?????????????????????? ???? ???????????????? ???????????? ????????????????????????, ??????, ???????????? ??????????/????????. ?????????????????? ?????????? ????????????????????, ??????. ?????? ???????????????? ???????????? ????????????????????????, ?????? ?????? ?????? ???????????????????? ????????????????. Kelly Sardinas, Meghan Sullivan, Chris Carrelha, CIMA?, Brooke Whitaker 20250114-4153570

“If Bitcoin does correct and the premium of MicroStrategy’s Bitcoin holdings to indebtedness compresses, it will start to affect the credit of the converts,” said #Wellesley Portfolio Manager and Co-CIO, David Clott, CFA,?in an interview with Markets Reporter Yiqin Shen at Bloomberg. Read the full article here: https://lnkd.in/eEMBRC7c This article is for discussion purposes only and is not a recommendation to buy or sell any security or meant to be investment advice. DB02062025-1-26

Thanksgiving is without a doubt one of the most cherished holidays in America - a time for giving thanks and indulging in delicious food. It also marks the official beginning of the holiday season. From all of us at #Wellesley we would like to give thanks to all our employees, clients, and partners. Cheers! ?????