HYLS News and Press, First Trust Tactical High Yield ETF From 07/10/23

2023-07-10 20:20:00 ET Summary Tightening is a slow process, and there is still a flood of excess liquidity chasing after yield. Financial conditions for junk-rated companies have tightened only a little since the Fed started tightening in early 2022. These junk-rated companie...

2023-07-07 19:30:00 ET Summary Look around, look almost anywhere, and the economic data is getting painful. You can start with the monthly ADP report. The ADP report stated that 497,000 new jobs were created in June. This was far past expectations, with the consensus view being ar...

2023-07-03 22:55:00 ET Summary Elevated yields and negative correlations are good news for bond investors. We share strategies for making the most of today’s opportunities. With the tug of war between inflation and growth likely to continue as the year progresses, policy ra...

2023-07-03 22:27:00 ET Summary Central banks are finding it hard to finish the long journey toward inflation normalization, but we believe that policy rates are likely at or near their peaks - and could be maintained at elevated levels for some time. With roughly 500 basis points ...

2023-07-03 18:39:00 ET Summary Growth stocks were the big winners as the market for most of the first half was trying to price in rate cuts before the end of the year. Lower rates are seen as positive for high-multiple growth stocks and with a dash of artificial intelligence throw...

2023-07-03 03:21:22 ET Summary First Trust Tactical High Yield ETF holds a significant percentage of low-rated junk bonds that have high default rates, especially during economic downturns. The junk bond spread over 10-year treasury bonds is below the historic trend line, suggesti...

2023-06-28 12:27:21 ET First Trust Tactical High Yield ETF ( NASDAQ: HYLS ) declared $0.19/share monthly dividend , in line with previous. Payable June 30; for shareholders of record June 28; ex-div June 27. See HYLS Dividend Scorecard, Yield Chart, & Dividend Gr...

2023-06-27 03:05:00 ET Summary Striking the right balance between interest-rate and credit risk can be a good idea in the late stages of a credit cycle. We think it’s a particularly good idea in this credit cycle. Why? Consider that over the last 18 months, investors have g...

2023-06-26 21:42:00 ET Summary The bedrock of the asset allocation process is to create strategic allocations that work over the longer term, while then modifying those positions in response to the market realities. Some of what we have seen during 2023 has been due to exuberance ...

2023-06-19 07:05:00 ET Summary Last week, the Fed announced that it was not going to raise interest rates. The media and pundits proclaimed that this would send a false signal of a new bull market. We saw a substantial increase in trading volume compared to the rather low transact...