|Bid||46.00 x 2200|
|Ask||46.74 x 1800|
|Day's Range||46.67 - 46.78|
|52 Week Range||43.84 - 47.09|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||0.16|
|Expense Ratio (net)||0.30%|
The Bloomberg Barclays High Yield Energy Total Return Index was up 0.77%, marking its highest gain in two years since the Organization of the Petroleum Exporting Companies (OPEC) agreed to reduce supply ...
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.
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.
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.
With the extended bull market in full swing, the risk-on mentality of investors have led them to gravitate towards high-yield debt assets, but with the Federal Reserve interest rate decision looming next week, has high-yield become somewhat of a safe haven? 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 environment of rising rates, high-yielding bond strategies may be the safer option. According to Sean Hanlon, Chairman, CEO and Chief Investment Officer of Hanlon Investment Management, these high-yielding bonds could be the best defense against more rate hikes to come despite most having below-investment grade debt issues.
Benchmark treasury yields ticked higher across the board, which saw the 10-year touch the 3% marker once again this year, but despite this, high-yield corporate bonds are still an attractive option as ...
It was back-to-back winning quarters for high-yield bond strategies, which led a Morningstar Inc list of top fixed-income performers during the second quarter, taking seven out of the top 10 spots. High-yield ...
“Another man’s junk is another man’s treasure” is an often-used adage with respect to discovering value and in the investment arena, it’s locating profitable opportunities where others would not normally ...
The former is recession proof, while the latter always seems able to find a market by constantly reinventing its drug portfolio, making them a couple of the best income-producing assets the market has to offer. Not every income investment has to be a familiar name, however. In fact, sometimes the very best income investments end up being the unfamiliar, almost goofy stocks many investors may have never even heard of.
The Federal Open Market Committee is in the midst of a two-day meeting to discuss their next moves on monetary policy, which will include a policy decision announcement set to take place on Wednesday. ...
Some ETFs can keep investors involved with high-yield corporate bonds while reducing interest rate risk. That group of funds includes the iShares 0-5 Year High Yield Corporate Bond ETF (NYSEArca: SHYG). ...
"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.
Compared to stocks, bonds may not have its name in lights compared to their more popular capital markets brethren, but former hedge fund manager and television personality Jim Cramer says that good investing requires a solid understanding of the fixed-income market. "Look, I know the bond market is boring, ... but it's much larger than the stock market, and more importantly, it's very important to the overall direction of stocks," the "Mad Money" said Cramer. "That's how much it mattered to me on a day-to-day basis," said Cramer.
Some high-yield bond investors appear convinced the Federal Reserve will continue raising interest rates, prompting outflows from some junk bond exchange traded funds (ETFs), including the iShares 0-5 Year High Yield Corporate Bond ETF (SHYG) . SHYG, which turns five years old in October, follows the Markit iBoxx USD Liquid High Yield 0-5 Index. The ETF has an effective duration of 2.41 years.
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).
Bond ETFs are experiencing a lot of action as fixed-income investors move around billions of dollars. Over the past week, there have been a handful of exceptionally large trades that are worth mentioning, ...