JNK News and Press, SPDR Bloomberg Barclays High Yield Bond From 07/03/23

2023-07-03 15:34:00 ET Summary Global markets rebounded in June after widespread losses in May, based on a set of proxy ETFs. US stocks topped the winner’s list in June. Vanguard Total Stock Market Index Fund (VTI) rose 6.7%, marking a fourth consecutive monthly advance. ...

2023-07-03 10:29:31 ET SPDR Barclays High Yield Bond ETF ( NYSEARCA: JNK ) - $0.4944 . 30-Day SEC Yield of 8.16% as of June 29. Payable Jul 10; for shareholders of record Jul 05; ex-div Jul 03. For further details see: SPDR Barclays High Yield Bond ETF declar...

2023-07-02 10:33:40 ET Summary Franklin Limited Duration Income Trust (FTF), a fixed income closed end fund (CEF). The main risk for FTF is credit spreads, which have tightened this year. However, with banks tightening credit lending and an increase in bankruptcies, a surge in jun...

2023-06-30 21:54:22 ET Summary A recent Fed study indicates that 37% of US non-financial firms are currently close to default, a level higher than most previous tightening periods since the 1970s. The study suggests that the current monetary policy tightening will likely cause a r...

2023-06-27 03:05:00 ET Summary Striking the right balance between interest-rate and credit risk can be a good idea in the late stages of a credit cycle. We think it’s a particularly good idea in this credit cycle. Why? Consider that over the last 18 months, investors have g...

2023-06-26 21:42:00 ET Summary The bedrock of the asset allocation process is to create strategic allocations that work over the longer term, while then modifying those positions in response to the market realities. Some of what we have seen during 2023 has been due to exuberance ...

2023-06-26 16:39:00 ET Summary The Global Market Index fell 1.7% last week, marking the first decline for this multi-asset-class benchmark since the final week of May. Equities in Europe and Asia are moderately lower in today’s trading following the failed coup in Russia ov...

2023-06-25 00:50:04 ET Summary PIMCO 0-5 Year High Yield Corporate Bond Index ETF offers exposure to short-term high-yield corporate bonds, with a 30-day SEC yield of about 7.7%. HYS is considered extremely risky due to its holdings in junk bonds and over 22% of not rated bonds. ...

2023-06-20 08:01:31 ET Summary HYBB is a less risky alternative to other junk bond ETFs like JNK, investing primarily in higher-tier BB rated bonds. With a 30-day SEC yield of about 7.1%, HYBB offers a higher yield than investment-grade corporate bond ETFs like VTC. HYBB is a ...

2023-06-19 09:10:00 ET Summary A broad measure of commodities led returns for the major asset classes last week, based on a set of ETFs through the close of June 16. US stocks have taken the lead for the one-year change after last week’s rally. Most of the major asset c...