HYT News and Press, Blackrock Corporate High Yield Fund Inc. From 05/25/22

A lot of income investing comes down to maximizing the yield on offer while minimizing the required risks. In this article, we take a look at a number of term credit ETFs across IG, HY and Muni bonds across different maturities. In our view, the sweet spot for HY bonds sits in the...

The expected risk premium continued sliding in April for the Global Markets Index (GMI). Tuesday’s revision reflects a drop to a 5.4% annualized increase for the long term – a relatively large cut of 40 basis points from last month’s estimate. The forecast ref...

HYT is a CEF focused on high yield debt. The fund has very robust long-term trailing total returns, with the 5- and 10-year figures standing at 6.8% and 7.0% respectively. The fund is down more than -14% YTD given its 5.05-year duration and higher risk-free rates. This article...

EVV is one of the highest-paying Eaton Vance funds. Unfortunately, it continues to remain significantly short on coverage. Eaton Vance generally pays more sustainable distributions, but this one is overpaying. The fund has fallen to a more compelling discount; however, still tradi...

The market has broadly been under fire this year. While equities have rallied from time to time, the story behind bonds has been consistently negative. With this reality setting in, it is understandably hard to find a bullish argument. With the Fed acting more hawkish by the day, that...

Spreads on CCC-rated debt, one of the riskiest subsets of U.S. junk bonds, have widened around 50 basis points in April as investors discount expectations for weaker economic growth and recession risks, Bloomberg reported.  In other words, as the risk premium on CCC bonds increases,...

Even though Stock and Bond markets aren't the "casinos" investors thought they were 100 years ago in the "Roaring '20s," investors are still always "betting" on some scenario. We may be betting on a company excelling and growing; or on its merely continuing to perform at its current l...

The expected risk premium for the Global Market Index ticked slightly higher in March to an annualized 5.8% pace, fractionally above last month’s estimate. Using short-term momentum and medium-term mean-reversion market factors (defined below) to adjust the forecast trims GMI&#...

What's Working This Week are Companies that Use Oil as an Input, High Yield Bonds. What's Not Working This Week are Energy/Materials Shares, Homebuilders. Brief Quarter Review: Energy and Materials are Strong while "Risk On" shares floundered. We are observing a changing relat...

Lots of funds are cheap these days and paying high distribution yields, but Eagle Point Income represents a better bargain than many other funds because it is not as well understood. EIC is safer than many high yield bond funds because of the unique characteristics of CLO junior debt,...