|Bid||8.83 x 1800|
|Ask||9.01 x 800|
|Day's Range||8.88 - 8.97|
|52 Week Range||7.02 - 12.85|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.92 (10.38%)|
|1y Target Est||N/A|
The junk-bond market has posted a blistering 30% rally since late March, pushing yields to record lows. In a recent note, the bank’s strategists started to recommend floating-rate leveraged loans instead of fixed-rate junk bonds for the first time this year. Citigroup doesn’t expect the Federal Reserve to raise rates any time soon, however.
Goldman Sachs say that the loan market is starting to look good in comparison with the market for high-yield bonds.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Highland Income Fund and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.