HYLS News and Press, First Trust Tactical High Yield ETF From 05/16/23

2023-05-16 23:05:00 ET Summary The Federal Reserve’s latest 0.25% interest rate hike has likely capped one of its most aggressive policy-tightening cycles in 40 years. Core inflation, which excludes the more volatile energy and food prices, remains historically high, but ha...

2023-05-16 03:30:00 ET Summary Historically low interest rates in recent years made it difficult for investors who seek yield from their investment portfolios. Rising rates in today's fixed income markets have led to more attractive bond prices and higher yields, alleviating some ...

2023-05-16 01:30:00 ET Summary If the US economy enters and remains in a low-growth phase, the high-yield sector isn't at great risk of a downturn. High-yield bonds supply an income stream that few other assets can match. Equities have taken longer to recover from drawdowns. ...

2023-05-07 04:56:00 ET Summary Higher central bank policy rates have increased the cost of capital for corporations and other issuers of debt. Issuers of bank loans, the very large majority of whom are below-investment grade rated companies, are now facing all-in interest expenses...

2023-05-05 02:45:00 ET Summary As bond yields rose in 2022, investors sought refuge in high-yield bank loans, whose floating coupons are often heralded as an antidote to rising rates. But with conditions shaping up differently in 2023, bank loans may face challenges. We think ...

2023-05-04 02:30:00 ET Summary In a welcome departure from 2022, first quarter returns across the board were positive for the capital markets despite meaningful volatility. We saw a continued outperformance by international stocks versus the US and positive returns for fixed incom...

2023-04-30 07:04:00 ET Summary Fixed income has both historically served as a diversifier and provided protection during times of market turbulence. Investment-grade (IG) index duration was rising before the COVID-19 pandemic, but it has fallen from the peak of 8.45 years at the e...

2023-04-28 04:30:00 ET Summary Canadian corporates succumbed to heightened risk aversion in March, following the banking turmoil, before the swift US and Swiss central bank market interventions calmed markets. Both Canadian and US credit spreads widened during the risk-off episode...

2023-04-24 14:56:32 ET First Trust Tactical High Yield ETF ( NASDAQ: HYLS ) - $0.1900 . 30-Day SEC Yield of 7.87% as of March. 31. Payable Apr 28; for shareholders of record Apr 24; ex-div Apr 21. For further details see: First Trust Tactical High Yield ETF d...

2023-04-22 04:15:00 ET Summary Recent outperformance by large-cap growth stocks may reflect a rotation into long-duration assets as the economy weakens and the turn in the rates cycle approaches. We remain cautious on equities in general, however, given uncertainty about the laggi...