HYMB News and Press, SPDR Nuveen S&P High Yield Municipal Bond From 10/21/21

When facing a rising-rate environment, investors who can’t stomach too much risk should limit - but not eliminate - duration, or sensitivity to interest-rate changes. Investors shouldn’t just shorten their portfolio’s duration; they should get a chunk of it from a...

As we move into Q4, markets are in a tug-of-war involving various good news vs. bad news debates. COVID-19 cases are declining, but central banks are considering tightening monetary policy. Earnings growth is strong, but year-over-year comparisons will become tougher. Employment stati...

The strong economic and market trends of the first half of 2021 wavered during the third quarter. The coronavirus delta variant caught up with the US at the height of the summer, just as vaccinations slowed and concerns grew that inflation might flare and persist. Even so, equity mark...

Rising interest rates drove negative total returns. Supply and demand dynamics turned less seasonally favorable and acted as a headwind. More attractive valuations could provide near-term opportunity. For further details see: Munis Remained Tethered To Rates In September...

September was a difficult month for stocks and interest rates, but U.S. high yield proved to be an exception. A common refrain cites U.S. corporate debt at record levels compared to the size of the economy. Currently, investment-grade bonds often start with negative real or even n...

In early-July of this year, the HYIOAS was at its lowest level in more than 10 years and not far from an all-time low. For long-side speculations and investments, during the boom phase of the cycle, it’s important to emphasise assets and commodities that do well during booms. ...

Mid and small-cap value continue to outperform their respective “growth” factors YTD. Only large-cap growth is beating large-cap value YTD. At some point, large-cap growth will go out of favor and it could last a while. For further details see: Style Box Up...

Private equity volumes have already far surpassed their previous records of 2007, with over $800 billion pouring into more than 10,000 deals so far this year. Where private equity goes, speculative-grade debt follows. This week, Blackstone Group, Carlyle and Hellman & Friedman ann...

SPDR Nuveen S&P High Yield Municipal Bond ETF (NYSEARCA:HYMB) - $0.1570. 30-Day SEC Yield of 2.11% as of Sep 29. Payable Oct 07; for shareholders of record Oct 04; ex-div Oct 01. For further details see: SPDR Nuveen S&P High Yield Municipal Bond ETF declares monthly distribution...

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...