IVH News and Press, Ivy High Income Opportunities Fund of Beneficial Interest From 01/26/21

COVID turned out to be quite the economic event, and a pandemic under control promises to deliver a recovering economy by the end of 2021. On the other hand, should the vaccinations not go according to plan and the pandemic is not declining by June 2021, the economy may not recover at...

The price of risk is what investors demand as a premium, an extra return over and above what they can make on a guaranteed investment (risk free), to invest in a risky asset. Corporate bonds are traded, and as a consequence, and you can use traded prices to estimate default spreads in...

December was another good month for CEFs with some discount tightening and NAV growth. The Core Portfolio was up over 1% with the NAV up 1.8%. The January Effect could bring discounts to an expensive level if the recent trends continue. At that point we would want to start reducing CE...

Investors appear almost universally to be pricing for an early-cycle mix of low interest rates and ongoing support from both monetary and fiscal policy, combined with the release of pent-up demand from consumers and manufacturers. Short-term stumbling blocks are not confined to the on...

Only funds with yield over 7.5%, coverage higher than 90% and trading at a discount are considered. Top lists of discount, yield, DxY and DxYxZ are given. The top DxYxZ funds are DSL, PGZ, and KIO. For further details see: The 'High-High-Low' Closed-End Fund Report, Dece...

The stock market made an all-time high in its first week of 2021, shrugging off the violence, and the Treasury market recaptured 1% on the 10-year note, closing the week at 1.12%. Furthermore, there is no pressure in the junk bond market, which, rightly or wrongly, assumes that with t...

Credit markets have staged an epic rebound from the depths of March 2020. But in a low-growth, low-yield world, we believe there may be more room to run in 2021. For investors, we believe a nimble, selective approach will be especially important to grasp the opportunities presente...

Ultra-low interest rates make it difficult for investors to earn yields in excess of inflation. High-yield bonds can be a source of income in today’s market. iShares has numerous bond ETFs that can help investors target different segments of the high yield bond market, depe...

The new Administration's tax proposals, in year one, total some $3.9 trillion, according to Moody's Analytics estimates. Yields on munis sank to 1.14%, which is their lowest since 1979. Also, the municipal bond spread to Treasuries is near historic lows. Yields have gone up somewh...

With the exception of broadly defined commodities and US and foreign property shares, global markets posted solid gains last year. US stocks were the top 2020 performers, with the Russell 3000 Index surging 20.9% last year. US REITs saw the deepest loss for the major asset classes...