HYT News and Press, Blackrock Corporate High Yield Fund Inc. From 09/10/21

What sets the current environment apart is the broad-based nature of input-cost inflation, spanning raw materials, logistics/transportation, and labor, as well as shortages of intermediate goods such as semiconductors. Companies are leaning heavily on pricing, in addition to productiv...

Credit investing is a key way we achieve "equity returns without equity risk" in our Income Factory®. We begin a review of selected high-yield credit funds in the closed-end fund universe, many of which we hold in our model portfolios and in my personal portfolio. Credit bets...

Risk-adjusted performance continued to rise in August for the Global Market Index. Sharpe ratios in global markets generally are elevated. GMI represents a theoretical benchmark for the “optimal” portfolio. For further details see: Major Asset Classes | Aug...

The expected risk premium for the Global Market (GMI) ticked up in August, reaching an annualized 6.1%, slightly above the previous month’s estimate. Despite the comparatively high GMI forecast, the current estimate remains well below the index’s realized risk premium fo...

Why yields have been falling, and whether bond markets are trying to signal to any important trends to investors, particularly in light of the fact that we've seen equities reach new highs. This is a market environment, or a trading environment, that feels like people want to add dura...

The winning streak for American shares rolled on in August. US stocks rose for a seventh straight month and posted the strongest gain for the major asset classes. US bonds also lost ground in August. The Bloomberg Aggregate Bond Index slipped 0.2%, the first monthly decline for the be...

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...

Retirees have had a serious problem obtaining reasonably safe sources of income to pay their bills and finance their lifestyles for most of the past decade. HYT invests in a highly diversified portfolio of high-yield assets to help them overcome this problem. Although these are ju...

In a yield-hungry world, investors are constantly looking for places to find income these days. FTHY is a newer fund that invests in high-yield and senior loan assets. With the latest Annual Report, we see that they've been able to fully cover their distribution through income. ...

The unprecedented demand for U.S. Treasuries at last week’s auction - even as the 10-year yield approached its 50-day moving average - speaks volumes. Yields did slip notably last Friday back below 1.3% (the day after the auction), closing below their 200-day moving average. Th...