The HIO fund primarily invests in high yield junk bonds.It pays an attractive 9.5% distribution yield.However, with the fund only earning 5 and 10Yr average annual returns of 2.0% and 2.8%, HIO is a classic amortizing ‘return of principal’ fund.
Tag: ETF Junk bond
Investigate IQHI if Junk Bond Environment Improves
Fed officials, however, forecast interest rates to remain high for the whole of this year, with the central bank’s target policy rate remaining just over 5% until the end of 2023,” noted Reuters. That could be good news for
Spreads Could Indicate Fallen Angel ETF Opportunity
The correlation coefficient between the net percentage of banks tightening lending standards on commercial and industrial loans and the U.S. high-yield corporate bond spread is 0.73,” added Moody’s. If banks
JPS: A Healthy Blend Of Junk And Income
Furthermore, the fund managers have selected to allocate assets to the lowest rung of investment grade preferred securities. With a current yield of 7.19%, JPS can offer income investors some much needed steady
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Find Junk Bond Bargains With FLHY
Specific to FLHY, the Franklin Templeton ETF is proving the benefits of active management in the high yield bond space. The $210.31 million FLHY, which recently turned four years old, attempts to beat the widely