03-03-2021, 05:21 PM
Here are historical rising interest rate periods.
https://aquilafunds.com/wp-content/uploa...nd-NAV.pdf
Using those approximate dates I checked the convertible bonds strategy (unleveraged)
6/1999-6/2000
Strategy returned 27.48% (4 negative months)
10/2004-10/2006
Strategy returned 21.63% (5 negative months)
https://aquilafunds.com/wp-content/uploa...nd-NAV.pdf
Using those approximate dates I checked the convertible bonds strategy (unleveraged)
6/1999-6/2000
Strategy returned 27.48% (4 negative months)
10/2004-10/2006
Strategy returned 21.63% (5 negative months)