Sentences with phrase «below investment grade credit»
Product offerings include Investment Grade Corporate, Broad Corporate (up to 30 % exposure to below investment grade credit) and Corporate Value (no restrictions by credit rating).
https://www.cansofunds.com/ Not exact matches
With the scandal set to hurt profits and as funding costs climb, the debt load will likely increase beyond 5 times Ebitda, Mizuho Securities USA said Thursday in a note to clients, adding its internal credit rating on BRF is now three steps below investment grade.
The nation may need another $ 15 billion, according to the European Union, and Standard & Poor's said a debt default may be inevitable as it cut Ukraine's credit rating to CCC - last week, nine steps below investment grade.
Bonds rated below investment grade may have speculative characteristics and present significant risks beyond those of other securities, including greater credit risk and price volatility in the secondary market.
Interest - rate risk is generally greater for longer - term bonds, and credit risk is generally greater for below - investment - grade bonds, which may be considered speculative.
High yield bonds (bonds rated below investment grade) may have speculative characteristics and present significant risks beyond those of other securities, including greater credit risk, price volatility, and limited liquidity in the secondary market.
Interest - rate risk is greater for longer - term bonds, and credit risk is greater for below - investment - grade bonds.
Two of the largest risks are that the average credit quality of bonds in this sector is well below investment grade and the heavy issuance of zero coupon bonds creates a sector that has one of the longest durations in the municipal bond market.
Bond choices range from U.S. Treasury securities, which are backed by the full faith and credit of the U.S. government and are free from credit risk, to bonds that are below investment grade and considered speculative.
Similar to high yield bonds — whose credit ratings are below the investment grade cutoff of «BBB» assigned by the rating agencies — are senior loans.
Last, floating - rate loans are often most senior in corporate capital structures: important because floating - rate loans are often extended to companies with below investment - grade credit ratings.
Below investment grade issuers, whose credit risks rating agencies view as a higher concern, and which comprise the S&P U.S. Issued High Yield Corporate Bond Index, are yielding 4.66 % (YTW).
High - yield bonds (sometimes referred to as junk bonds) typically offer above - market coupon rates and yields because their issuers have credit ratings that are below investment grade: BB or lower from Standard & Poor's; Ba or lower from Moody's.
We can invest in just about any part of the global bond market but most of it is in credit so we subdivide the market into corporate credit and below investment grade corporate credit, emerging market debt.
High - yield bonds are bonds that are rated below investment grade by the credit rating agencies.
Interest - rate risk is generally greater for longer - term bonds, and credit risk is generally greater for below - investment - grade bonds.
It is based on the ICE BofAML Diversified High Yield US Emerging Markets Corporate Plus Index which tracks the performance of corporate bonds denominated in US dollars with an average credit rating below investment grade.
Crescent Capital Group LP is an independent, employee - owned, registered investment advisory firm with more than two decades of experience in the below - investment - grade credit markets.
Interest - rate risk is generally greater for longer - term bonds, and credit risk is greater for below - investment - grade bonds.
As such, securities rated below investment grade generally entail greater credit, market, issuer and liquidity risk than investment grade securities.
But because senior loans are often issued to companies with credit ratings below investment grade, they offer higher starting yields than treasuries.
Most senior loans are made to corporations with below investment - grade credit ratings and are subject to significant credit, valuation and liquidity risk.
Credit risk is greater for below investment - grade convertible securities.
Interest - rate risk is generally greater for longer term bonds, and credit risk is generally greater for below - investment - grade bonds.
Below is a chart of the IBOX North American CDS (credit default swap) Index that looks at default risk for 125 investment grade entities.
Interest - rate risk is generally greater for longer - term bonds, and credit risk is generally greater for below - investment - grade bonds, which may be considered speculative.
Convertible securities are also rated below investment grade (high yield) or are not rated, and are subject to credit risk.
REITs will continue to prefer office and industrial properties in the double - B to Triple - A credit rating range, according to a recent study by PriceWaterhouseCoopers L.L.P.. However, according to the study, private investment firms will prefer office, retail, industrial, banks and restaurants, all either above or below investment grade.