Not exact matches
The iShares JPMorgan USD Emerging Markets
Bond fund, an
index product that tracks the sector, has a trailing 12 - month
yield of 4.33 percent.
Exchange - traded
funds that track high -
yield bond indexes have been the beneficiaries of a cash surge in recent weeks.
Exchange - traded
funds that track high -
yield bond indexes have been the beneficiaries of a cash surge in recent weeks as market participants figure the central bank probably won't raise rates in 2015, and it could be well into 2016 before anything happens.
iShares S&P ® / TSX ® 60
Index Fund («XIU»), iShares S&P / TSX Capped Composite
Index Fund («XIC»), iShares S&P / TSX Completion
Index Fund («XMD»), iShares S&P / TSX SmallCap
Index Fund («XCS»), iShares S&P / TSX Capped Energy
Index Fund («XEG»), iShares S&P / TSX Capped Financials
Index Fund («XFN»), iShares S&P / TSX Global Gold
Index Fund («XGD»), iShares S&P / TSX Capped Information Technology
Index Fund («XIT»), iShares S&P / TSX Capped REIT
Index Fund («XRE»), iShares S&P / TSX Capped Materials
Index Fund («XMA»), iShares Diversified Monthly Income
Fund («XTR»), iShares S&P 500
Index Fund (CAD - Hedged)(«XSP»), iShares Jantzi Social
Index Fund («XEN»), iShares Dow Jones Select Dividend
Index Fund («XDV»), iShares Dow Jones Canada Select Growth
Index Fund («XCG»), iShares Dow Jones Canada Select Value
Index Fund («XCV»), iShares DEX Universe
Bond Index Fund («XBB»), iShares DEX Short Term
Bond Index Fund («XSB»), iShares DEX Real Return
Bond Index Fund («XRB»), iShares DEX Long Term
Bond Index Fund («XLB»), iShares DEX All Government
Bond Index Fund («XGB»), and iShares DEX All Corporate
Bond Index Fund («XCB»), iShares MSCI EAFE ®
Index Fund (CAD - Hedged)(«XIN»), iShares Russell 2000 ®
Index Fund (CAD - Hedged)(«XSU»), iShares Conservative Core Portfolio Builder
Fund («XCR»), iShares Growth Core Portfolio Builder
Fund («XGR»), iShares Global Completion Portfolio Builder
Fund («XGC»), iShares Alternatives Completion Portfolio Builder
Fund («XAL»), iShares MSCI Emerging Markets
Index Fund («XEM») and iShares MSCI World
Index Fund («XWD»), iShares MSCI Brazil
Index Fund («XBZ»), iShares China
Index Fund («XCH»), iShares S&P CNX Nifty India
Index Fund («XID»), iShares S&P Latin America 40
Index Fund («XLA»), iShares U.S. High
Yield Bond Index Fund (CAD - Hedged)(«XHY»), iShares U.S. IG Corporate
Bond Index Fund (CAD - Hedged)(«XIG»), iShares DEX HYBrid
Bond Index Fund («XHB»), iShares S&P / TSX North American Preferred Stock
Index Fund (CAD - Hedged)(«XPF»), iShares S&P / TSX Equity Income
Index Fund («XEI»), iShares S&P / TSX Capped Consumer Staples
Index Fund («XST»), iShares Capped Utilities
Index Fund («XUT»), iShares S&P / TSX Global Base Metals
Index Fund («XBM»), iShares S&P Global Healthcare
Index Fund (CAD - Hedged)(«XHC»), iShares NASDAQ 100
Index Fund (CAD - Hedged)(«XQQ») and iShares J.P. Morgan USD Emerging Markets
Bond Index Fund (CAD - Hedged)(«XEB»)(collectively, the «
Funds») may or may not be suitable for all investors.
The
fund adjusts its allocations daily based upon equity and
bond market volatility, correlation between the
bond and equity
indexes, and the
yield - to - maturity of the
bond index.
With a
yield below 2.0 %, The Vanguard Total
Bond Market
Index Fund does not look attractive from an income perspective.
You could be putting that money into some kind of interest - bearing vehicle, whether it's a 401 (k), CDs,
bonds,
index funds, or just a «high»
yield savings account.
The level of the
index (and these
funds) will fluctuate based on changes in the price of the underlying
bonds, not their
yields.
The
bond's interest rate is tied to a benchmark interest rate
index like the LIBOR, the federal
funds rate, or a specific duration U.S. Treasury
bond yield (in the case of Treasury floating rate notes).
One of the biggest proponents of
indexing, Rick Ferri, has a post up talking about why for muni
bonds, high
yield bonds and equity value it may make sense to move beyond
index funds.
The appeal of preferred
funds is they offer higher
yields than
bond ETFs, explains Alfred Lee, vice-president of BMO Global Asset Management and lead manager of the bank's Laddered Preferred Share
Index ETF (TSX: ZPR).
Naked option NASD NASDAQ National Association of Securities Dealers National exchanges National Market System National Medallion Signature Guarantee National Securities Clearing Cooperation (NSCC) National securities exchange NAV Negotiable Negotiated market Negotiated underwriting Net Asset Value Net capital Net capital ratio Net interest cost Net investment income Net revenue pledge Net proceeds Net worth New issue Nine -
bond rule NMS No - load
fund Nominal quote Nominal
yield Non-cumulative Nonparticipating preferred stock Nonrecourse loan Non-systematic risk Non-tax-qualified annuity Notice of public offering Notice of sale NYSE NYSE Composite
Index
But today, a
fund tracking the DEX Universe
Bond Index yields about 2.3 % before fees.
This
fund has been around since 2007, though it didn't start tracking the RAFI High
Yield Bond Index until last August.
Today, a traditional
bond index exchange - traded
fund (ETF) with an average term of about 10 years has a
yield to maturity of about 1.7 %.
The Universal
Index, meanwhile, has a similar corporate
bond profile to ITB
funds, including roughly 10 % in high
yield.
Even if you are willing to accept some credit risk, and invest in something like the popular Vanguard Total
Bond Market
Index fund, the SEC
yield is only 2.05 % (2.17 % for Admiral Shares, $ 10K minimum), still lower than the federally insured CD which has no credit risk.
The
fund had equivalent positions in the iShares Asia 50 ETF (AIA), iShares Emerging Markets High Yield Bond ETF (EMHY), iShares MSCI India ETF (INDA), Columbia Emerging Markets Consumer ETF (ECON), and BLDRS Emerging Markets 50 ADR Index Fund (AD
fund had equivalent positions in the iShares Asia 50 ETF (AIA), iShares Emerging Markets High
Yield Bond ETF (EMHY), iShares MSCI India ETF (INDA), Columbia Emerging Markets Consumer ETF (ECON), and BLDRS Emerging Markets 50 ADR
Index Fund (AD
Fund (ADRE).
The
fund adjusts its allocations daily based upon equity and
bond market volatility, correlation between the
bond and equity
indexes, and the
yield - to - maturity of the
bond index.
Indeed, a broad swath of high -
yield bonds that includes smaller issuances has steadily performed better than an
index of the biggest, most - traded notes tracked by passive
funds.
If you compare that to the 2.86 % SEC
Yield on Vanguard's Total
Bond Market
Index Fund — which is a good estimate of its future return — the CD's return is a little lower but comes with more certainty.
The
fund seeks provide investment that correspond to the price and
yield performance of an
index tracks the U.S. high
yield corporate
bond market.
Continued volatility and
fund outflow in high -
yield bonds and modest outflows from loan
funds have contributed to the
index's current weakness.
For example,
bond funds, like the iShares Universe Bond Index ETF (TSX: XBB), are believed to have lower volatility ratings than stock funds, yet bond prices have recently fallen as yields have ri
bond funds, like the iShares Universe
Bond Index ETF (TSX: XBB), are believed to have lower volatility ratings than stock funds, yet bond prices have recently fallen as yields have ri
Bond Index ETF (TSX: XBB), are believed to have lower volatility ratings than stock
funds, yet
bond prices have recently fallen as yields have ri
bond prices have recently fallen as
yields have risen.
Their main performance metric is 7 - factor hedge
fund alpha, which corrects for seven risks proxied by: (1) S&P 500
Index excess return; (2) difference between Russell 2000
Index and S&P 500
Index returns; (3) 10 - year U.S. Treasury note (T - note)
yield, adjusted for duration, minus 3 - month U.S. Treasury bill
yield; (4) change in spread between Moody's BAA
bond and T - note, adjusted for duration; and, (5 - 7) excess returns on straddle options portfolios for currencies, commodities and
bonds constructed to replicate trend - following strategies in these asset classes.
They consider four potential predictors: (1) the default spread (between Moody's BAA and AAA rated
bonds); (2) the broad stock market dividend
yield; (3) the implied volatility of the S&P 500
Index (VIX); and, (4) the monthly net aggregate flow into the hedge
fund industry.
Owning a
bond mutual
fund or
index fund does not give you control over the buying and selling of
bonds within the
fund, so the annual
yield of the
fund can be negative (especially during a period of rising interest rates).
While the new Total International
Bond Index Fund is, overall, fairly similar to the domestic Total
Bond Market
Index Fund, Vanguard's new Emerging Markets Government
Bond Index Fund is an entirely different beast due to its level of credit risk and its corresponding
yield.
The
fund will make asset allocation decisions based on two driving factors: the 200 day moving average for the S&P 500
index as well as the
bond yield curve.
High
yield corporate bonds tracked in the S&P U.S. Issued High Yield Bond Index have returned just under 5 % year to date but lost ground the past several days as fund outflows weigh on the market driving prices down and the weighted average yield (yield to worst) up by 22bps since last week to end at 4.
yield corporate
bonds tracked in the S&P U.S. Issued High
Yield Bond Index have returned just under 5 % year to date but lost ground the past several days as fund outflows weigh on the market driving prices down and the weighted average yield (yield to worst) up by 22bps since last week to end at 4.
Yield Bond Index have returned just under 5 % year to date but lost ground the past several days as
fund outflows weigh on the market driving prices down and the weighted average
yield (yield to worst) up by 22bps since last week to end at 4.
yield (
yield to worst) up by 22bps since last week to end at 4.
yield to worst) up by 22bps since last week to end at 4.88 %.
The
Fund seeks investment results that correspond generally to the price and
yield performance, before fees and expenses, of the S&P Short Term National AMT - Free Municipal
Bond index.
The
fund had major equivalent positions in the Vanguard Mortgage - Backed Securities ETF (VMBS), SPDR ® Barclays Intermediate Term Corporate
Bond ETF (ITR), iShares Intermediate Credit
Bond ETF (CIU), Vanguard Intermediate - Term Corporate
Bond ETF (VCIT), Schwab U.S. Aggregate
Bond ETF ™ (SCHZ), and PIMCO 0 - 5 Year High
Yield Corporate
Bond Index ETF (HYS).
Like HYG, the SPDR Bloomberg Barclays High
Yield Bond ETF is an
index fund connected to junk
bonds — those same
bonds that are prone to bankruptcies and caused tremendous havoc during the oil crash of 2014.
The
yields on two - year, five - year, 10 - year and longer - term
bonds move independently of the target rate, and these are the rates that affect your
bond index fund.
They've announced liquidation of their S&P 500
Index Fund, Small Cap
Index Fund, International Equity
Index Fund, Emerging Markets
Fund, High
Yield Bond Fund, Intermediate
Bond Fund, Short - Term
Bond Fund and Zebra Global Equity
Fund (AZLAX).
Contrary to stock
funds, you should avoid
index bond funds, see this article for details and some good picks for low cost and high
yield funds.
«High
yield bonds have had a strong rebound since the financial crisis, with
indexes reaching all - time highs1 and high
yield funds attracting significant inflows over the past two years,» said Michael L. Sapir, Chairman and CEO of ProShare Advisors LLC, ProShares» investment advisor.
For example, the iShares DEX Universe
Bond Index Fund (XBB - TSX) has a weighted average coupon of 4.01 per cent but a weighted average
yield to maturity of just 2.22 per cent.
For example, the
Fund may seek exposure to the Merrill Lynch High
Yield Master II
Bond Index.
The iShares Canadian Short - Term
Bond Index Fund yields 2.3 %, but the high yield is due to the fact that some of the fund's bonds pay above - market interest ra
Fund yields 2.3 %, but the high
yield is due to the fact that some of the
fund's bonds pay above - market interest ra
fund's
bonds pay above - market interest rates.
It's true that interest rates are near historical lows: as of early May, 10 - year Government of Canada
bonds are
yielding just over 1.5 %, and a broad - based
bond index fund like the ones I recommend in my model portfolios
yield a little less than 2 %.
Notes: U.S. stocks represented by Dow Jones U.S. Total Stock Market
Index through April 2005, MSCI US Broad Market Index through June 2013 and CRSP US Total Market Index thereafter; emerging markets stocks are represented by MSCI Emerging Markets Index; REITs by FTSE NAREIT Equity REIT Index; dividend stocks by Dow Jones U.S. Select Dividend Index; commodities by S&P GSCI Commodity Index; high yield bonds by Bloomberg Barclays U.S. Corporate High Yield Bond Index; emerging markets bonds by Bloomberg Barclays EM USD Aggregate Index; investment - grade corporate bonds by Bloomberg Barclays U.S. Corporate Index; U.S. Treasury bonds by Bloomberg Barclays U.S. Treasury Bond Index; Hedge fund index by HFRI fund - weighted total return Index and international bonds by Bloomberg Barclays Global Aggregate ex-USD Bond I
Index through April 2005, MSCI US Broad Market
Index through June 2013 and CRSP US Total Market Index thereafter; emerging markets stocks are represented by MSCI Emerging Markets Index; REITs by FTSE NAREIT Equity REIT Index; dividend stocks by Dow Jones U.S. Select Dividend Index; commodities by S&P GSCI Commodity Index; high yield bonds by Bloomberg Barclays U.S. Corporate High Yield Bond Index; emerging markets bonds by Bloomberg Barclays EM USD Aggregate Index; investment - grade corporate bonds by Bloomberg Barclays U.S. Corporate Index; U.S. Treasury bonds by Bloomberg Barclays U.S. Treasury Bond Index; Hedge fund index by HFRI fund - weighted total return Index and international bonds by Bloomberg Barclays Global Aggregate ex-USD Bond I
Index through June 2013 and CRSP US Total Market
Index thereafter; emerging markets stocks are represented by MSCI Emerging Markets Index; REITs by FTSE NAREIT Equity REIT Index; dividend stocks by Dow Jones U.S. Select Dividend Index; commodities by S&P GSCI Commodity Index; high yield bonds by Bloomberg Barclays U.S. Corporate High Yield Bond Index; emerging markets bonds by Bloomberg Barclays EM USD Aggregate Index; investment - grade corporate bonds by Bloomberg Barclays U.S. Corporate Index; U.S. Treasury bonds by Bloomberg Barclays U.S. Treasury Bond Index; Hedge fund index by HFRI fund - weighted total return Index and international bonds by Bloomberg Barclays Global Aggregate ex-USD Bond I
Index thereafter; emerging markets stocks are represented by MSCI Emerging Markets
Index; REITs by FTSE NAREIT Equity REIT Index; dividend stocks by Dow Jones U.S. Select Dividend Index; commodities by S&P GSCI Commodity Index; high yield bonds by Bloomberg Barclays U.S. Corporate High Yield Bond Index; emerging markets bonds by Bloomberg Barclays EM USD Aggregate Index; investment - grade corporate bonds by Bloomberg Barclays U.S. Corporate Index; U.S. Treasury bonds by Bloomberg Barclays U.S. Treasury Bond Index; Hedge fund index by HFRI fund - weighted total return Index and international bonds by Bloomberg Barclays Global Aggregate ex-USD Bond I
Index; REITs by FTSE NAREIT Equity REIT
Index; dividend stocks by Dow Jones U.S. Select Dividend Index; commodities by S&P GSCI Commodity Index; high yield bonds by Bloomberg Barclays U.S. Corporate High Yield Bond Index; emerging markets bonds by Bloomberg Barclays EM USD Aggregate Index; investment - grade corporate bonds by Bloomberg Barclays U.S. Corporate Index; U.S. Treasury bonds by Bloomberg Barclays U.S. Treasury Bond Index; Hedge fund index by HFRI fund - weighted total return Index and international bonds by Bloomberg Barclays Global Aggregate ex-USD Bond I
Index; dividend stocks by Dow Jones U.S. Select Dividend
Index; commodities by S&P GSCI Commodity Index; high yield bonds by Bloomberg Barclays U.S. Corporate High Yield Bond Index; emerging markets bonds by Bloomberg Barclays EM USD Aggregate Index; investment - grade corporate bonds by Bloomberg Barclays U.S. Corporate Index; U.S. Treasury bonds by Bloomberg Barclays U.S. Treasury Bond Index; Hedge fund index by HFRI fund - weighted total return Index and international bonds by Bloomberg Barclays Global Aggregate ex-USD Bond I
Index; commodities by S&P GSCI Commodity
Index; high yield bonds by Bloomberg Barclays U.S. Corporate High Yield Bond Index; emerging markets bonds by Bloomberg Barclays EM USD Aggregate Index; investment - grade corporate bonds by Bloomberg Barclays U.S. Corporate Index; U.S. Treasury bonds by Bloomberg Barclays U.S. Treasury Bond Index; Hedge fund index by HFRI fund - weighted total return Index and international bonds by Bloomberg Barclays Global Aggregate ex-USD Bond I
Index; high
yield bonds by Bloomberg Barclays U.S. Corporate High Yield Bond Index; emerging markets bonds by Bloomberg Barclays EM USD Aggregate Index; investment - grade corporate bonds by Bloomberg Barclays U.S. Corporate Index; U.S. Treasury bonds by Bloomberg Barclays U.S. Treasury Bond Index; Hedge fund index by HFRI fund - weighted total return Index and international bonds by Bloomberg Barclays Global Aggregate ex-USD Bond I
yield bonds by Bloomberg Barclays U.S. Corporate High
Yield Bond Index; emerging markets bonds by Bloomberg Barclays EM USD Aggregate Index; investment - grade corporate bonds by Bloomberg Barclays U.S. Corporate Index; U.S. Treasury bonds by Bloomberg Barclays U.S. Treasury Bond Index; Hedge fund index by HFRI fund - weighted total return Index and international bonds by Bloomberg Barclays Global Aggregate ex-USD Bond I
Yield Bond Index; emerging markets bonds by Bloomberg Barclays EM USD Aggregate Index; investment - grade corporate bonds by Bloomberg Barclays U.S. Corporate Index; U.S. Treasury bonds by Bloomberg Barclays U.S. Treasury Bond Index; Hedge fund index by HFRI fund - weighted total return Index and international bonds by Bloomberg Barclays Global Aggregate ex-USD Bond I
Index; emerging markets
bonds by Bloomberg Barclays EM USD Aggregate
Index; investment - grade corporate bonds by Bloomberg Barclays U.S. Corporate Index; U.S. Treasury bonds by Bloomberg Barclays U.S. Treasury Bond Index; Hedge fund index by HFRI fund - weighted total return Index and international bonds by Bloomberg Barclays Global Aggregate ex-USD Bond I
Index; investment - grade corporate
bonds by Bloomberg Barclays U.S. Corporate
Index; U.S. Treasury bonds by Bloomberg Barclays U.S. Treasury Bond Index; Hedge fund index by HFRI fund - weighted total return Index and international bonds by Bloomberg Barclays Global Aggregate ex-USD Bond I
Index; U.S. Treasury
bonds by Bloomberg Barclays U.S. Treasury
Bond Index; Hedge fund index by HFRI fund - weighted total return Index and international bonds by Bloomberg Barclays Global Aggregate ex-USD Bond I
Index; Hedge
fund index by HFRI fund - weighted total return Index and international bonds by Bloomberg Barclays Global Aggregate ex-USD Bond I
index by HFRI
fund - weighted total return
Index and international bonds by Bloomberg Barclays Global Aggregate ex-USD Bond I
Index and international
bonds by Bloomberg Barclays Global Aggregate ex-USD
Bond IndexIndex.
Nationwide Amundi Global High
Yield Fund, Nationwide Amundi Strategic Income
Fund, Nationwide
Bond Fund, Nationwide
Bond Index Fund, Nationwide Emerging Markets Debt
Fund, Nationwide Government
Bond Fund, Nationwide Loomis Core
Bond Fund, Nationwide California Intermediate Tax Free
Bond Fund, Nationwide National Intermediate Tax Free
Bond Fund, Nationwide Loomis Short Term
Bond Fund, Nationwide Inflation - Protected Securities
Fund, and Nationwide Ziegler Wisconsin Tax Exempt
Fund Class A shares have up to a 2.25 % front - end sales charge and a 0.25 % 12b - 1 fee.
Nationwide Amundi Global High
Yield Fund, Nationwide Amundi Strategic Income
Fund, Nationwide
Bond Fund, Nationwide
Bond Index Fund, Nationwide California Intermediate Tax Free
Bond Fund, Nationwide Emerging Markets Debt
Fund, Nationwide Inflation - Protected Securities
Fund, Nationwide Loomis Core
Bond Fund, Nationwide Loomis Short Term
Bond Fund, Nationwide National Intermediate Tax Free
Bond Fund, and Nationwide Ziegler Wisconsin Tax Exempt
Fund Class A shares have up to a 2.25 % front - end sales charge and a 0.25 % 12b - 1 fee.
My impression has been that investing in
index funds that hold
bonds would
yield a better return with similar risk.