HYMB News and Press, SPDR Nuveen S&P High Yield Municipal Bond From 09/30/21

A fixed income investment can serve as diversifier against equities, a source of income, or even protection against inflation when using TIPS. As interest rates and inflation expectations evolve, a tactical rules-based approach to portfolio optimization can help provide investors with...

The post-lockdown recovery has been powerful, and most developed economies have seen double-digit gross domestic product (GDP) rebounds from 2020 lows. The reopening trade should resume in coming months. The cyclical stocks that comprise the value factor are reporting stronger earning...

Modestly negative performance in August capped a robust summer seasonal period. Issuance exceeded expectations, resulting in less of a supply/demand imbalance than is typical. We maintain a defensive posture into the historically less favorable month of September. For furthe...

SPDR Nuveen S&P High Yield Municipal Bond ETF (NYSEARCA:HYMB) - $0.1561. 30-Day SEC Yield of 1.94% as of Aug. 30. Payable Sep 08; for shareholders of record Sep 02; ex-div Sep 01. For further details see: SPDR Nuveen S&P High Yield Municipal Bond ETF declares monthly distributio...

The option-adjusted-spread ((OAS)) on the investment grade or high-grade corporate bond index, is presently about 95-100 bps better than the equivalent Treasury. As of last Friday, August 27th, 2021, the BBB OAS was yielding about 104 bp’s over equivalent Treasuries, which shou...

The intensity of the income need only grows as investors move closer to - and enter - their retirement years. While diversified credit portfolios offer benefits, the potential drawdowns could be too much for some investors’ risk tolerances. For tax-sensitive investors, the ...

The high yield municipal market’s resiliency passed its latest test in the COVID-19 pandemic. Most municipal borrowers began to feel a financial impact from the Coronavirus by the second and third quarters of 2020. The concentration of defaults in one sector affirms our bel...

Rallying interest rates drove strong muni bond performance in July. Market dynamics remained seasonally favorable, with demand for munis broadly outpacing supply. A more defensive posture may be warranted ahead of elevated risks in the fall. For further details see: Muni...

SPDR Nuveen S&P High Yield Municipal Bond ETF (NYSEARCA:HYMB) - $0.1293. 30-Day SEC Yield of 1.94% as of Jul. 29. Payable Aug 06; for shareholders of record Aug 03; ex-div Aug 02. For further details see: SPDR Nuveen S&P High Yield Municipal Bond ETF declares monthly distributio...

From January 1995 through June 2021, Treasury rates rose more than half a percentage point over a two-month period at a frequency of nearly 9%. Simply put, when money sleeps, it stops working for you. As a muni investor, you need your money to work hard. For further details ...