HIX News and Press, Western Asset High Income Fund II Inc. From 01/13/21

Investors appear almost universally to be pricing for an early-cycle mix of low interest rates and ongoing support from both monetary and fiscal policy, combined with the release of pent-up demand from consumers and manufacturers. Short-term stumbling blocks are not confined to the on...

The stock market made an all-time high in its first week of 2021, shrugging off the violence, and the Treasury market recaptured 1% on the 10-year note, closing the week at 1.12%. Furthermore, there is no pressure in the junk bond market, which, rightly or wrongly, assumes that with t...

Credit markets have staged an epic rebound from the depths of March 2020. But in a low-growth, low-yield world, we believe there may be more room to run in 2021. For investors, we believe a nimble, selective approach will be especially important to grasp the opportunities presente...

Ultra-low interest rates make it difficult for investors to earn yields in excess of inflation. High-yield bonds can be a source of income in today’s market. iShares has numerous bond ETFs that can help investors target different segments of the high yield bond market, depe...

The new Administration's tax proposals, in year one, total some $3.9 trillion, according to Moody's Analytics estimates. Yields on munis sank to 1.14%, which is their lowest since 1979. Also, the municipal bond spread to Treasuries is near historic lows. Yields have gone up somewh...

The portfolio returned +7.6% in November and continues to do well in December with a +1.35% return through Dec. 15. All sectors and all funds contributed to the return. By the 15th, all funds were hold with one sell on the sheets. We continue to think the portfolio is better posit...

With the exception of broadly defined commodities and US and foreign property shares, global markets posted solid gains last year. US stocks were the top 2020 performers, with the Russell 3000 Index surging 20.9% last year. US REITs saw the deepest loss for the major asset classes...

Tech stocks have easily beaten high yield stocks over the past few years. We expect the opposite to happen going forward. Invest in tech, but invest more in high yield. For further details see: Why High Yield Should Pummel Tech

JHI is a bit like BTZ or BIT with a corporate bond focus up and down the credit spectrum but centered on the BB area. The fund boasts a very strong long-term track record. Some negatives include a rich corporate bond market, and, to JHI specifically, a quarterly distribution. ...

Only some information is released on PTA so far as it only launched just recently at the end of October. I wanted to take an initial quick dive into what this fund is about and who it might be right for. Cohen & Steers funds' are some of the best on the market in the REIT spac...