SPDR® Barclays Convertible Secs ETF
QAI Is in Demand among Liquid Alt Investors
QAI’s top 10 holdings constitute ~73.42% of its total ETF holdings. QAI’s weekly return is 0.4%, and it traded at $29.52 as of August 14, 2015.
Must-know: Will Tesla Motors’ issuance be adding to the junk bond flows?
The company’s $2.2 billion debt, due over the course of the next 4–7 years, was downgraded to junk (B-) level on May 20.