IVH News and Press, Ivy High Income Opportunities Fund of Beneficial Interest From 03/08/19

December offered credit investors a taste of what a real cyclical downturn might look like in a post-GFC (global financial crisis) world. Unsurprisingly, most did not enjoy the flavor. In concert with other risk assets, corporate credit saw considerable volatility and losses late in the year...

Introduction The opportunities in closed-end funds over the last few months caught the eye of many investors. Most of these products are designed to provide a steady stream of income, usually on a monthly or quarterly basis, as opposed to the biannual payments provided by individual bonds....

Even with Kim pulling off a switcheroo on President Trump in Hanoi last week, the stock market had very little negative reaction. A failed nuclear summit that had a lot of potential to ratchet down tensions on the Korean peninsula is disappointing, but the stock market took it like a champ. ...

By Jeremy Schwartz, CFA On the last "Behind the Markets" podcast, Liqian Ren and I hosted two recurring guests. Bill Stone, CIO of Avalon Advisors, discussed joining Avalon and his global market outlook. Martin Fridson, CIO of Lehmann Livian Fridson Advisors, joined for the second half of ...

The US high-yield bond market has an impressive record when it comes to recovering drawdowns quickly . But how much can an investor who stays put reasonably expect to earn? Today's yield should give them a pretty good idea. History has shown that the yield you start with is a remarkably r...

"Forgiveness is the fragrance that the violet sheds on the heel that has crushed it." - Mark Twain Looking at the continuation of the rally seen in January, with markets being more oblivious to macro data given the return of the central banking support narrative, when it came to selecting ...

This article was first released to subscribers one month ago. Quantitative screens help to rapidly narrow down attractive candidates from the database of 500+ closed-end funds (CEFs) for further due diligence and investigation. The "High-High-Low" report was inspired by a member of CEF/ET...

Well, that was quick. There was barely time to say "oh my" when the high yield sector bounced right back from its December sell-off. The long-expected corporate cataclysm over ever-higher leverage amid a slowing economy has been put on hold, at least for the time being. Risk appetite has retur...

High yield funds (including both mutual funds and ETFs) took in $728 million in net new money for the fund-flows trading week ended Wednesday, February 13. This was the fifth net inflow in the last six weeks for the group during which time its total intake has been +$9.4 billion, this includes...

This article was first released to subscribers one month ago. Quantitative screens help to rapidly narrow down attractive candidates from the database of 500-plus closed-end funds (CEFs) for further due diligence and investigation. Based on feedback from members, it seems that a very man...