Previous 10 | Next 10 |
The US high-yield market has suffered ten peak-to-trough losses greater than 5% in the last 20 years. On average, investors recovered their losses in only four months - and sometimes as few as two. Following the longest and largest drawdown of -35%, which lasted 19 months, investors who stay...
By Collin Martin The investment-grade corporate bond market has gotten riskier. BBB rated corporate bonds now make up more than half of the investment-grade corporate bond market,¹ and the share keeps rising. We suggest investors play defense with their investment-grade corporate bo...
By Kevin Flanagan, Senior Fixed Income Strategist A bit over a month into the new year, and the two asset classes whose performance stands out are U.S. investment grade ((IG)) and high-yield ((HY)) bonds. This recent turn of events is certainly a noteworthy reversal of fortune from how 201...
It takes 35 years in the trenches of the junk bond market for an investment professional to come up with a one-liner that summarizes the volatility of low-grade debt: “It reads like a bond, but trades like a stock.” As junk bond spreads were blowing out in January 2016, the ...
It's good to be a Blackstone (NYSE: BX ) partner. Feeling its oats after the major rally in high-yield, the private-equity giant's Ascend Learning yesterday launched a CCC-rated $300M offering to fund a dividend distribution. More news on: The Blackstone Group L.P., iShares iBoxx $ High Yi...
The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movements in closed-end fund (CEF) sectors in the last week, as well as to highlight recently concluded or upcoming corporate actions on CEFs, such as tender offers. Most of the information...
Just like the broader market this week, the rally in high yield credit stalled out a bit. Earlier on Friday, we highlighted the fact that the S&P 500 ran into resistance right at its 200-DMA earlier this week and has been pulling back ever since. In the case of the ETF that tracks the hi...
U.S. high-yield funds pulled in $3.86B for the week ended Friday, the largest amount since July of 2016, according to Lipper data. More news on: iShares iBoxx $ High Yield Corporate Bond ETF, SPDR Bloomberg Barclays High Yield Bond ETF, Credit Suisse High Yield Bond Fund, Financial stocks ...
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 bon...
By Gershon Distenfeld Should you be concerned that high-yield bonds didn't predict last year's equity market selloff? We don't think so. In fact, we think investors should consider adding high-yield exposure to reduce overall risk. High-yield bonds have traditionally been a reliable earl...
News, Short Squeeze, Breakout and More Instantly...
MFS Intermediate High Income Fund Company Name:
CIF Stock Symbol:
NYSE Market:
Shares of MFS Intermediate High Income Fund (NYSE:CIF) traded at a new 52-week high today of $2.99. Approximately 57,000 shares have changed hands today, as compared to an average 30-day volume of 78,000 shares. Mfs Intermediate High Income Fund is a United States based diversified close...
MFS Intermediate High Income Fund (NYSE:CIF) traded today at a new 52-week high of $2.95. Approximately 55,000 shares have changed hands today, as compared to an average 30-day volume of 74,000 shares. In the past 52 weeks, MFS Intermediate High Income Fund share prices are bracketed by ...
MFS Investment Management ® (MFS ® ) announced today monthly distributions of the following closed-end funds, all with declaration dates of January 2, 2019, ex-dividend dates of January 15, 2019, record dates of January 16, 2019, and payable dates of January 31, 2019: ^The fun...