|Bid||83.02 x 1000|
|Ask||84.08 x 1000|
|Day's Range||83.34 - 83.99|
|52 Week Range||83.34 - 88.03|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||0.52|
|Expense Ratio (net)||0.49%|
The 2018 Midterm Election provided the necessary rally for U.S. equities after washing investors through October's volatility machine, but this continues to persist in the capital markets as the Dow Jones Industrial Average began Monday with a 600-point loss as it struggles to recover on Tuesday--a sign that investors should give bonds a closer look--fixed-income exchange-traded funds (ETFs) in particular. The sell-offs in October was partly to blame as a confluence of these factors could signal that the environment for fixed-income investors will only get more complex. Maybe, but maybe it isn't so wise for investors to dismiss bonds outright," wrote Goldberg.
While investors were turning their capital allocation down to the “low” setting in U.S. equities as the Dow Jones Industrial Average lost as much as 500 points on Monday, fixed-income investments were ...
U.S. voters headed to the polls on Tuesday and as expected by most analysts, the Democrats successfully took the majority in the House of Representatives, which could prove beneficial to the bond markets. While the general consensus is that political gridlock will benefit the capital markets, Capital Alpha Partners president Chuck Gabriel, posits that a Democratic majority in the House will be a boon to the bond markets moving forward as government spending could increase. The 2018 Midterm Election results didn’t surprise analysts in political and economic circles, but as a post-midterm election rally ensued in U.S. equities, benchmark Treasury notes headed the opposite direction.
New Awards Mark Continued Progress on Long Term Growth Trajectory; Third Quarter Revenues Reflect Fluctuation in Draw Downs on Orders MISSISSAUGA, Ontario, Nov. 02, 2018 --.
The iShares Broad USD High Yield Corporate Bond ETF (CboeBZX: USHY) is a year old and the diversified high-yield corporate bond exchange traded fund is celebrating its birthday in style. On Wednesday, ...
The old adage of "no risk, no reward" is still thrown around as part of investment vernacular, explicitly stating that those who take on a high degree of risk will reap the benefits of their emboldened maneuvers. In the current economic climate, high-yield bonds might be considered a safe haven and for most investors, it’s hard to imagine high-yielding debt to be associated with “safe,” unless the word “not” precedes it, but to fixed-income investors in the know, these bonds have been anything, but junk in a rising rate landscape. As the curtain closes on the bull run and the late market cycle, the natural propensity for fixed-income investors is to shift back to safer government debt, but in today’s rising rate environment, high-yielding bond strategies may be the safer option.
October is proving to be a volatile month for equities with the S&P 500 approaching month-to-date losses of 6%, but junk bonds and the related exchange traded funds have been less bad. The iShares iBoxx ...
Last week, Netflix (etftrends.com/quote/NFLX) posted better-than-expected third quarter results with a jump in subscribers and in an effort to maintain its momentum, the video streaming giant plans to offer $2 billion in junk bonds to fund new programming. “To me it feels a bit like a win-win situation," said John McClain, a high-yield money manager at Diamond Hill Capital. “You’re buying the highest-quality, high-yield business at yields that are fairly close to the overall market.
MISSISSAUGA, Ontario, Oct. 18, 2018 -- Hydrogenics Corporation (NASDAQ: HYGS; TSX: HYG) (“Hydrogenics” or “the Company”), a leading developer and manufacturer of hydrogen.
Data indicate bond investors recently reduced positions in high-yield corporate debt exchange traded funds, but some market observers see investors as mostly comfortable with junk bond ETFs. For example, ...
High-yield corporate bond ETFs acted as expected during the recent equity market stress, providing efficient vehicles for price discovery as some junk-rated debt was pinched alongside stocks. The iShares ...
TSX: HYG) ("Hydrogenics" or "the Company"), a leading developer and manufacturer of hydrogen generation and fuel cell power modules, today announced that it has been chosen to supply a large-scale electrolysis system to generate hydrogen at a fueling station in Germany. Surplus energy generated by a local waste incinerator will be used to power the electrolyzer and generate hydrogen. The Hydrogenics system will be delivered during 2019 and produce over 400 kilograms of hydrogen per day.
Fixed-income investors pulled billions of dollars out of speculative-grade corporate bond-related ETF as the rising rates sparked credit risk concerns. Investors yanked more than $6 billion out of junk bonds in the past week, the largest outflows for the asset category since a previous bout of market volatility back in February, the Financial Times reports. For example, the iShares iBoxx $ High Yield Corp Bd ETF (HYG) was the most hated ETF play of the past week as investors pulled $2.8 billion from the fund, and the SPDR Barclays High Yield Bond ETF (NYSEArca: JNK ) experienced $1.3 billion in outflows as well, according to XTF data.
The U.S. stock market is on track to post its worst weekly performance in about seven months, but the sharp losses on Wall Street hasn’t resulted in an investor exodus from stocks.
With volatility spiking and the markets being thrown into chaos, investors have turned to ETFs as one of their go-to tools to access the markets. For example, on Tuesday when U.S. Markets were down 3.8% and the CBOE Volatility Index or VIX jumped to a 23 reading from 16, 35% of the total notional market value was attributed to ETF exchanging hands, according to Deutsche Bank data. Furthermore, looking at the outflows in iShares iBoxx $ High Yield Corp Bd ETF (HYG) , SPDR Barclays High Yield Bond ETF (JNK) , iShares Core US Aggregate Bond ETF (NYSEArca: AGG) and iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) with a combined excess of over $7 billion, it is worth mentioning that there are dozens of ETFs that are built as an alternative to simply holding cash.
The ascent of benchmark Treasury yields has sparked an interest in high-yield debt issues as investors may be realizing that the extended bull run in U.S. equities may be losing steam and with a risk-on appetite still prevalent, the hunger for returns can now be satiated in high-yielding bonds. "Investors pulled money from high yield bond ETFs in the first quarter, but demand has been building since then, and to start the fourth quarter it has accelerated," noted Todd Rosenbluth, director of ETF and mutual fund research at CFRA, in an article. Rosenbluth cited heightened activity in ETFs like the iShares iBoxx $ High Yield Corp Bd ETF (HYG) that tracks the investment results of the Markit iBoxx® USD Liquid High Yield Index, which is comprised of high yield U.S. corporate bonds that have less than investment-grade quality. HYS seeks to provide total returns that closely correspond to the ICE BofAML 0-5 Year US High Yield Constrained Index, which is comprised of U.S. dollar denominated below investment grade corporate debt securities publicly issued in the U.S. domestic market with remaining maturities of less than 5 years.
On a year-to-date basis, corporate bond exchange traded funds have been out of favor with fixed income investors amid fears of higher interest rates. Three of the top 10 ETFs in terms of 2018 outflows ...
TSX: HYG) ("Hydrogenics" or "the Company"), a leading developer and manufacturer of hydrogen generation and fuel cell power modules, today announced, in conjunction with the U.S. Department of Energy’s fourth annual Hydrogen & Fuel Cell Day, that it has opened its newest North American facility in Carlsbad, California. Located near San Diego, the site will primarily focus on the integration of hydrogen fuel cell systems into heavy-duty truck and bus platforms for customers in California, while also serving as a local support center for fueling, energy storage and power system projects throughout the state.
While emerging markets have been roiled by ongoing trade wars this year, there are still opportunities abound for investors seeking value and one of those areas is within emerging markets debt through the VanEck Vectors EM High Yield Bond ETF (HYEM) . The rough year in emerging market is evident in ETFs, such as the Vanguard FTSE Emerging Markets ETF (VWO) --down 7.67% YTD, iShares Core MSCI Emerging Markets ETF (IEMG) --down 7.3% YTD and iShares MSCI Emerging Markets ETF (EEM) --down 7.78% YTD.
Japanese investors with an appetite for high yields have been flocking to Chinese bonds in order to appease this hunger as access to these areas of the $12 trillion Chinese bond markets have opened due to recent reforms. Data provided by the Japanese Ministry of Finance revealed that Japanese investors purchased 151 billion yen ($1.33 billion) of Chinese bonds year-to-date, which is close to double the amount invested in 2016. “A growing number of investors are interested in Chinese bonds now,” said Hiroshi Yokotani, portfolio strategist at State Street Global Advisors. In addition to the higher yields offered by Chinese bonds, China's latest policy changes have provided the necessary ingress to allow more Japanese investors and investors across the globe to take part in the high-yielding bond bonanza.
U.S. Treasury bond yields got a boost from the United States and Canada agreeing to a deal that would effectively rework the North American Free Trade Agreement and avert a trade war between the two economic ...
Federal Reserve Chairman Jerome Powell confirmed the overall market consensus on Wednesday that interest rates would rise with the announcement that the federal funds rate would elevate by 25 basis points to 2.25. In the bond markets, activity for high-yield, senior loan and floating rate-focused ETFs ticked higher as investors scrambled to position their portfolios to take advantage of the higher interest rates. "In fixed income, high-yield (which has been quiet of late) saw some increased activity and was mostly better for sale," noted Brian Gilman of ETF Sales & Trading at Virtu Financial.