|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||85.58 - 85.69|
|52 Week Range||84.07 - 89.04|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.49%|
"No risk, no reward" is an age-old adage thrown around in the investment community, explicitly stating that those who take on a high degree of risk will reap the benefits of their emboldened maneuvers. In the fixed-income space, it can refer to foregoing credit risk in order to obtain the highest of yields--a paragon of risk-on bond investing. A Wall Street Journal article recently stated that bonds with less-than-investment-grade quality or junk bonds, have been outperforming their peers, particularly with respect to flattening yields of benchmark Treasury debt and even investment-grade corporate debt.
Treasury yields changed little following Federal Reserve Chairman Jerome Powell’s semiannual monetary policy report today to the Senate Committee on Banking, Housing, and Urban Affairs, citing that the ...
All holdings must have increased their dividends for at least 20 years, and the ETF weights the portfolio based on yields (higher-yielding stocks make up a higher percentage of total holdings). As such, industries that account for the portfolio's largest share include consumer staples, financials, utilities and industrials. The fund has a 0.35% expense ratio and offers two types of distributions - dividends and capital gains (which management distributes in the fourth quarter).
Citigroup posted mixed results on its second quarter earnings report Friday as the bank outperformed in earnings per share, but underperformed on revenue, including a decline in fixed-income. Forecasts for Citigroup earnings were slated at $1.56 per share, and the bank surpassed that, posting a $1.63 EPS figure. In addition, Citigroup netted $4.49 billion in income, besting last year's second quarter results of $3.9 billion in net income.
Major ETF provider Vanguard surprised the markets this week with a decision to eliminate trading fees for a majority of ETFs on its online brokerage platform.
The flare-up in market volatility has left investors scratching their heads when it comes to the outperformance of safest segment of the corporate bond universe over its riskiest peers.
Amid fears of rising interest rates in the U.S. and talk that default rates are climbing, some bond market experts expected a rough year for high-yield corporate debt. While there have been ample warnings regarding the health of the junk debt market, the iShares iBoxx $ High Yield Corporate Bond ETF (NYSE: HYG), the largest junk bond exchange trade fund, is up half a percent year-to-date.
Through years of the Federal Reserve easy monetary policy, high-yield corporate bonds and the related funds, including exchange-traded funds (ETFs), were beloved by income-seeking investors. Piddly yields on safer U.S. government debt prompted many investors to embrace riskier junk bonds in search of higher yields and added income. Like any other asset class, there are risks with these bond funds.
The iShares 0-5 Year High Yield Corporate Bond ETF ( SHYG) has lost $1 billion in assets over the past week. A robo-advisor operated by a major brokerage is seen as the culprit behind the outflows from the high-yield debt exchange-traded fund (ETF).
MAY 11, 2018 Investors often say they’re worried about having too much high-yield bond exposure so late in the credit cycle. But many are still chasing returns in equities and other assets with even higher risk. We’ve got a better idea. Don’t get us ...
Longtime readers of Morningstar's research have heard us relentlessly beat the drum for funds that charge low fees. For all our manager research analysts' combing through historical portfolios, scrutinizing performance data, and grilling portfolio managers to formulate views on a fund's People and Process Pillars, there's no surer indicator that a fund has an advantage over its peers than a cheap price tag. Expenses are especially crucial to consider for fixed-income funds, because returns between bond funds tend to be more compressed.
A swift rise in bond yields in 2018 has sent fixed-income investors scrambling, with major categories of bond exchange-traded funds seeing steep outflows, while other groups have found favor. While flows into bond products remain positive overall—extending a decadelong rotation into fixed-income from stocks—investors have retreated from notable categories, a sign they believe yields could continue rising, which would mean further deterioration in the funds, as prices and yields move inversely to each other. Notably, the yield for the U.S. 10-year Treasury note (XTUP:TMUBMUSD10Y=X) topped 3% on Tuesday and neared its highest level since 2011.
There has been a lot going on this year, and while the stockmarket has grabbed most of the headlines, something has been going on in a corner of the market that should not be ignored. US high yield credit ETFs (also known as junk bonds), have seen ...
Skittish fixed income investors often dodge high-yield corporate bonds and the related exchange-traded funds. That is happening in a big way this year as the iShares iBoxx $ High Yield Corporate Bond ETF ...
The high-stakes scandal relating to an investigation into Facebook’s improper use of personal data grabbed the headlines and prompted investors to sell off the stock. Facebook and tech equities both trended this week, coming in first and third on the list. Optimism about a potential NAFTA agreement propelled Canada to second place, while lithium demand is expected to spur a wave of deals in the sector. High yield bonds close the list. Check our previous trends edition at Trending: Trump’s Tariff Orders on Metal Imports Leave Door Open to Exemptions
JPMorgan CEO Jamie Dimon discusses the outlook for interest rates and what it means for the economy. He also shares his thoughts on new Federal Reserve chairman Jerome Powell.
Yahoo Finance's Jared Blikre and Alexis Christoforous discuss the hotly anticipated announcement of monetary policy by the Federal Open Market Committee followed by a press conference featuring Federal Reserve Chairman Jerome Powell.