|Day's Range||13.27 - 13.35|
|52 Week Range||10.25 - 14.29|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.88%|
VanEck Given these uncertainties, high yield bond investors may want to ratchet up the credit quality of their portfolios. Fallen angels can be a source of higher quality high yield…
The Reserve Bank of India continues to tweak how it measures the nation's economy, and Friday produced another installment: a re-basing of historical wholesale prices and industrial production that then produced a big drop in April inflation. HSBC's Pranjul Bhandari, chief India economist, provides the latest inflation data, and observes that new statistics show consistently higher growth, which is likely to lead to an upward revision in gross domestic product: " ... April Consumer Price Index rose to 3% y-o-y, lower than the 3.9% print in March, and also lower than market expectations of 3.3% growth. The government released a new and improved Wholesale Price Index (WPI) series, with an updated base year (2011-12 instead of 2004-05).
Emerging markets are back in vogue. ETFs targeting the segment are up significantly more than their developed-market counterparts this year after underperforming the past four years.