riskier assets such as stocks or commodities. This has had a profound effect the performance of high yield bond ETFs like J NK and HYG as yield hungry investors have been forced to take on more credit and duration risk in today’s financially represed rate enviornment
The deterioration in high-yield bond ETFs ( HYG -1.1% ), JNK -1.3% ) accelerates, with JNK now trading at a 243 bp discount to NAV. Peter Tchir isn't ready to buy
By David Fry ( ETF Digest ): Fed Minutes revealed nothing new although some Fed members suggested more stimulus could be needed. Economic data in the U.S. was decent overall as Industrial Production (1.1% vs .5% exp. & prior -.6%) improved and beat; Housing Starts (717M vs 690M exp. & prior 699M)
By Morningstar : By Timothy Strauts An ongoing debate for many years has been over what is better for investors, individual bonds or bond mutual funds? The decision usually comes down to the investment's goals. If you want complete control of your portfolio's maturity, yield, and credit quality, ...
S&P MidCap 400 IJH, iShares MSCI Emerging Markets EEM, iShares S&P SmallCap 600 IJR, and iShares iBoxx H/Y Corporate HYG . These component funds follow broad, passive indexes, and the weighting in each is rebalanced annually. Unlike target-date
Aggregate Bond AGG, iShares Barclays TIPS Bond TIP, iShares S&P 500 IVV, iShares MSCI EAFE EFA, iShares iBoxx H/Y Corporate HYG , iShares S&P MidCap 400 IJH, iShares MSCI Emerging Markets EEM, and iShares S&P SmallCap 600 IJR. These component funds
competitors to BKLN currently. Investors looking for high-yield debt should consider iShares iBoxx $ High Yield Corporate HYG (0.50% expenses), SPDR Barclays Capital High Yield Bond JNK (0.40%), or PowerShares Fundamental High Yield Corporate
below. I would appreciate any comments, recommendations, criticism, etc. 35% - Core (Think PAUIX) 15% - Bonds (Think HYG & PONPX) 10% - Global Diversified (Think GDF & FHY) 10% - Preferreds (Think FFC & PFF) 10% - MLP's (Think MLPL / NKA
By Peter Tchir : I think we all know now what the Fed is thinking. Ben is happy to add more liquidity to the system but is constrained by a group that needs to see bad data before they can support him. I think it is pretty straightforward on the economic data front. Bad data, particularly in jobs
By Eric Parnell : The stock market has made one thing abundantly clear in the early days of the second quarter: It still cannot stand on its own at current levels without the continued support of additional stimulus from the U.S. Federal Reserve. And with the latest Fed stimulus program set to end