Not exact matches
High -
yield bonds — which some started
calling «junk» in the 1970s — were often part of the mix, but rarely the entire story.
Another statistic courtesy of Mike Goldstein is that utility stocks, a
high -
yield group I
call the most
bond - like of all stocks, today sell for almost the same P / E multiple as the S&P 500.
The downside for investors, if a
high yield bond is
called, is the loss of interest return for the years remaining in the life of the
bond.
These risks increase with
high -
yield, or so -
called «junk,»
bonds.
Investors will realize a slightly
higher yield if the
called bonds are paid off at a premium.
High yield bonds used to be
called Junk
bonds.
Call Risk Appears Limited for Preferreds Both preferreds and high yield bonds share call risk, though preferreds tend to have more callable iss
Call Risk Appears Limited for Preferreds Both preferreds and
high yield bonds share
call risk, though preferreds tend to have more callable iss
call risk, though preferreds tend to have more callable issues.
The income portion combines some low - cost «normal» stuff with an awful lot of abnormal investments in emerging markets, convertibles, and
called high -
yield bonds.
In our opinion, the so -
called «spread sectors,» from
high -
yield bonds to non-agency mortgages and emerging - market debt (EMD), currently offer attractive levels of credit, prepayment, and liquidity risks, particularly for investors who know how to analyze these risks.
The downside for investors, if a
high yield bond is
called, is the loss of interest return for the years remaining in the life of the
bond.
Safer
bonds that are not
high yield are
called investment grade
bonds.
A review of
high -
yield debt investments should cover: (1) analysis of the industry, including growth rates, special risks and leading companies; (2) analysis of the
bond issuer, including the company's position in its industry; new products; management stability; the outlook for growth in revenues and cash flow as captured in Earnings Before Interest, Taxes, Depreciation and Amortization, also
called EBITDA; value of corporate assets and the debt maturity schedule; and (3) analysis of the issue, including special provisions in the «
bond indenture,» covenants protecting the bondholder, use of the money raised in
bond offerings, debt seniority, secondary market liquidity and
call provisions.
Many
high -
yield bonds allow issuers to
call bonds after the first five years.
The risks associated with
higher -
yielding, lower - rated securities (commonly
called junk
bonds) include
higher risk of default and loss of principal.
For the one - week period ending on November 15, 2017, investors withdrew a net $ 4.43 billion from U.S. funds holding
high -
yield bonds (often
called junk
bonds)-- the third largest exodus from such funds on record.1 The
high -
yield market stabilized over the next two days, but the mass sell - off rang alarm bells for some market analysts.
Bond Yield Calculator: Determine before - and after - tax bond yield to maturity (or bond yield to call) down to a very high level of accuracy (third decimal pla
Bond Yield Calculator: Determine before - and after - tax bond yield to maturity (or bond yield to call) down to a very high level of accuracy (third decimal pl
Yield Calculator: Determine before - and after - tax
bond yield to maturity (or bond yield to call) down to a very high level of accuracy (third decimal pla
bond yield to maturity (or bond yield to call) down to a very high level of accuracy (third decimal pl
yield to maturity (or
bond yield to call) down to a very high level of accuracy (third decimal pla
bond yield to call) down to a very high level of accuracy (third decimal pl
yield to
call) down to a very
high level of accuracy (third decimal place).
Bonds that are non-investment grade are also called high - yield b
Bonds that are non-investment grade are also
called high -
yield bondsbonds.
Corporate
bonds with low credit ratings are
called high -
yield bonds, because they have
higher yields than investment grade
bonds.
Combining the
call premium with the dividend
yield is a good way to substitute
high stock
yield for low
yield bonds.
High Yield Securities Risk (Municipal
Bond Fund only): Below investment - grade securities, sometimes
called «junk
bonds,» are considered speculative.
High yield bonds may also sometimes be
called junk
bonds.
They are often
called junk
bonds or
high -
yield bonds because they have to pay
higher interest rates to attract investors.
Yields on callable bonds tend to be higher than yields on noncallable, «bullet maturity» bonds because the investor must be rewarded for taking the risk the issuer will call the bond if interest rates decline, forcing the investor to reinvest the proceeds at lower y
Yields on callable
bonds tend to be
higher than
yields on noncallable, «bullet maturity» bonds because the investor must be rewarded for taking the risk the issuer will call the bond if interest rates decline, forcing the investor to reinvest the proceeds at lower y
yields on noncallable, «bullet maturity»
bonds because the investor must be rewarded for taking the risk the issuer will
call the
bond if interest rates decline, forcing the investor to reinvest the proceeds at lower
yieldsyields.
That is why «less than investment grade» or «junk
bonds» are commonly
called the «
high yield» sector of the
bond market.
We manage a large public mutual fund, the Angel Oak Multi-Strategy Income Fund, as well as a
high - yield corporate bond strategy, the High Yield Opportunities Fund; and a fund called the Flexible Income Fund, which is a public f
high -
yield corporate bond strategy, the High Yield Opportunities Fund; and a fund called the Flexible Income Fund, which is a public
yield corporate
bond strategy, the
High Yield Opportunities Fund; and a fund called the Flexible Income Fund, which is a public f
High Yield Opportunities Fund; and a fund called the Flexible Income Fund, which is a public
Yield Opportunities Fund; and a fund
called the Flexible Income Fund, which is a public fund.