Let $P_1(z)$ and $P_2(z)$ be monic polynomials with real coefficients and roots $\{z_1^{(1)},z_1^{(2)},...\}$ and $\{z_2^{(1)},z_2^{(2)},...\}$, respectively. Are there any results relating the non-trivial roots $\{z^{(1)}, z^{(2)},...\}$ of \begin{equation} P(z) = \xi P_1(z) + P_2(z) \end{equation} to the roots of $P_1$ and $P_2$?
In particular, if $P_1, P_2$ and $P$ have then same number of complex valued roots, under what circumstances do we have (up to a relabelling) \begin{equation} \min \{\mathrm{Im} \, z_1^{(k)}, \mathrm{Im} \, z_2^{(k)} \} \leq \, \mathrm{Im} \, z^{(k)} \leq \max \{\mathrm{Im} \, z_1^{(k)}, \mathrm{Im} \, z_2^{(k)} \} \end{equation} for all $k$ and for all $\xi \in [0,\infty)$?
Example: Let $P_1(z) = z (z^2 + 1)$ and $P_2(z) = z^2 + r^2$. The polynomial $P(z) = \xi P_1(z) + P_2(z)$ satisfies the above property given $r\leq 1$.