Bethesda, MD, March 29, 2011 — ProShares, a premier provider of alternative exchange traded funds (ETFs), today announced the launch of the first ETF in the United States that provides inverse exposure to the investment
grade corporate bond market.
The bonds of these entities haven't reacted too much as they closely match the performance of the high
grade corporate bond market tracked by the S&P 500 Bond Index.
The fund offers investors low - cost exposure to the broad U.S. investment -
grade corporate bond market through a single fund.
The US Corporate Bond Strategy Group meets regularly to discuss the outlook and investment strategy for the US dollar - denominated investment -
grade corporate bond market.
In today's low rate environment, the investment
grade corporate bond market in the US and abroad offers a way to pick up additional yield and diversification, while maintaining a relatively low level of risk.
That said, the investment
grade corporate bond market, the junk bond market, and the bank loan markets can't have a better year in 2010.
As we near the end of the first quarter, investment grade tax - exempt bonds tracked in the S&P National AMT - Free Municipal Bond Index have returned 0.93 % year - to - date underperforming relative to the over 2 % return of the investment
grade corporate bond market tracked in the S&P U.S. Investment Grade Corporate Bond Index.
If you are looking for a place to ride out these choppy market waters while awaiting more compelling equity valuations, the short end of the US investment -
grade corporate bond market looks to be a less risky part of the market.
US Treasuries initially sold off only to recover, investment
grade corporate bond markets had a somewhat muted reaction, while high yield and Read more -LSB-...]
«On the heels of launching the first inverse ETFs on the high yield and investment
grade corporate bond markets, we are pleased to offer the first leveraged ETFs on these segments of the fixed income landscape,» said Michael L. Sapir, Chairman and CEO of ProShare Advisors LLC, ProShares» investment advisor.
US Treasuries initially sold off only to recover, investment
grade corporate bond markets had a somewhat muted reaction, while high yield and Credit Default Swap markets widened considerably.
Not exact matches
Invest in high - yield
bonds and dividend - yielding stocks, says the BofA - Merrill team, which is overweight high -
grade and high - yield
corporate bonds, including financial sector names that are especially sensitive to the housing
market.
Our team of credit professionals deliver sales and trading capabilities across a wide range of fixed income asset classes including high yield, distressed and investment
grade bonds, convertible
bonds, public and private
corporate securities, leveraged loans and emerging
market debt.
This leaves us roughly in the same position that we started the year, slightly overweight to spread product, i.e., investment -
grade and high - yield
corporate bonds and emerging
markets (more recently, we also went back to a slight overweight on commercial mortgage - backed securities).
In the credit
markets, both investment -
grade and high - yield
corporate bonds had negative returns for the first time in eight quarters, with down - in - quality subsectors in each unconventionally outperforming higher quality ones.
The index covers the U.S. investment
grade fixed rate
bond market, with index components for government and
corporate securities, mortgage pass - through securities, and asset - backed securities.
The Barclays U.S. Aggregate
Bond Index is a
market value — weighted index of investment -
grade fixed - rate debt issues, including government,
corporate, asset - backed, and mortgage - backed securities, with maturities of one year or more.
The iShares Intermediate Credit
Bond ETF tracks a
market - weighted index of USD - denominated investment
grade corporate, sovereign, supranational, local authority and non-US agency debt with maturities between 1 - 10 years.
Represents the
corporate and government - related sectors of Bloomberg Barclays Global Aggregate
Bond Index (which provides a broad - based measure of the global investment -
grade, fixed - rate debt
markets) and is considered representative of global investment -
grade debt.
The average
market impact cost was 29 basis points (39 basis points) per $ 1 million traded for investment -
grade (high - yield)
corporate bonds.
The average investment -
grade (high - yield)
bond trades on less than 32 % (36 %) of days over the prior six months — liquidity in
corporate bonds was considerably lower than in traditional listed equity
markets.
The major
bond market segment that most investors concentrate on is the high - quality sector: U.S. government
bonds, high -
grade corporate bonds and high -
grade municipals.
They note, for example, that the size of large trades of US investment
grade corporate bonds (so - called «block trades») has continuously declined in recent years.6 Furthermore, in most
corporate bond markets, trading appears to be highly concentrated in just a few liquid issues, and concentration appears to be increasing in some
market segments.
PowerShares BulletShares 2022
Corporate Bond ETF tracks a market - value - weighted, USD - denominated, investment - grade corporate bond index with effective maturities
Corporate Bond ETF tracks a market - value - weighted, USD - denominated, investment - grade corporate bond index with effective maturities in 2
Bond ETF tracks a
market - value - weighted, USD - denominated, investment -
grade corporate bond index with effective maturities
corporate bond index with effective maturities in 2
bond index with effective maturities in 2022.
The PowerShares BulletShares 2019
Corporate Bond ETF tracks a market - weighted index of USD - denominated corporate investment - grade bonds with effective maturities
Corporate Bond ETF tracks a
market - weighted index of USD - denominated
corporate investment - grade bonds with effective maturities
corporate investment -
grade bonds with effective maturities in 2019.
At this point I want our investors to think about conservation of capital, I want them to think about being wary about these
markets, I want them to investigate less volatile places in the
market like higher -
grade corporate bonds.
BarCap Aggregate
Bond Index - A broad - based benchmark that measures the investment grade, U.S. dollar - donminated, fixed - rate taxable bond market, including Treasuries, government - rated and corporate securities, MBS (agency fixed - rate and hybrid ARM pass - throughs), ABS, and C
Bond Index - A broad - based benchmark that measures the investment
grade, U.S. dollar - donminated, fixed - rate taxable
bond market, including Treasuries, government - rated and corporate securities, MBS (agency fixed - rate and hybrid ARM pass - throughs), ABS, and C
bond market, including Treasuries, government - rated and
corporate securities, MBS (agency fixed - rate and hybrid ARM pass - throughs), ABS, and CMBS.
It's also interesting to examine the changing significance and dynamics of the European
bond market in general, which has almost doubled in size since 2005 to more than $ 10 trillion today, including government, investment -
grade corporate debt and high yield.
In 2015 Creditex expanded into serving the
bond market, through the launch of ICE Credit Trade, a leading electronic platform for trading investment
grade and high yield
corporate bonds.
Eligible sectors include U.S. Treasurys, global government - related
bonds, global investment -
grade and high yield
corporate bonds, and emerging
market bonds.
IMTB has a very broad mandate, covering investment
grade and high yield
corporate, government, and emerging
market bonds with maturities between five and ten years.
As
market sentiment shifts, investment -
grade corporate ETFs are once again proving to be the
bond market's «steady eddies.»
Issuance of investment -
grade corporate bonds picked up in early March in a receptive
market, as investors sought higher yields than were available on safe - haven Treasury
bonds.
Although the deal was priced off the municipal
bond desk in the Public Finance division, sales teams in
corporate investment
grade, wealth management capital
markets and the firm's Investing with Impact Financial Advisor group were all used to build the order book.
Investment
grade corporate bonds and emerging
market debt have benefited from this trend for most of 2016.
Following the
market correction, investors are demanding higher premiums in exchange for accepting lower
grade corporate bond issues.
The Bloomberg Barclays US
Corporate High - Yield
Bond Index is an unmanaged broad - based
market - value - weighted index that tracks the total return performance of non-investment
grade, fixed - rate, publicly placed, dollar denominated and nonconvertible debt registered with the Securities and Exchange Commission.
The index covers the U.S. investment
grade fixed rate
bond market, with index components for government and
corporate securities, mortgage pass - through securities, and asset - backed securities.
For investment
grade corporate bonds two indices tracking these
markets have very Read more -LSB-...]
The index will rank U.S. Treasuries, U.S. investment
grade corporate bonds, U.S. investment
grade mortgage backed securities, U.S. high yield debt and U.S. dollar denominated debt of emerging
market issuer according to their momentum / trend scores.
MYGA interest rates will vary over time as
market conditions change, being driven most notably by longer - term Treasury and investment
grade corporate bond yields.
Unlike Treasuries and investment
grade corporates, the high yield
market as measured by the S&P U.S. Issued High Yield
Corporate Bond Index touch a low point for yield earlier in the month at a 5.87 % on October 6th.
High Yield
Bonds are represented by the Bloomberg Barclays
Corporate High Yield Index, which covers the USD - denominated, non-investment grade, fixed - rate, taxable corporate bon
Corporate High Yield Index, which covers the USD - denominated, non-investment
grade, fixed - rate, taxable
corporate bon
corporate bond market.
The BMO Monthly Income ETF (ZMI) is a portfolio of 10 other high - yield exchange - traded funds, covering real estate investment trusts (REITs),
corporate bonds (both investment
grade and junk), emerging
market bonds, and dividend - paying stocks.
We also compared the five - year annualized volatilities of the S&P Pan Asia
Bond Index (denominated in USD) with other major bond markets, such as the U.S. treasury, U.S. investment grade corporate, U.S. high yield corporate, Eurozone sovereign and Australian bond markets, see the exhibit be
Bond Index (denominated in USD) with other major
bond markets, such as the U.S. treasury, U.S. investment grade corporate, U.S. high yield corporate, Eurozone sovereign and Australian bond markets, see the exhibit be
bond markets, such as the U.S. treasury, U.S. investment
grade corporate, U.S. high yield
corporate, Eurozone sovereign and Australian
bond markets, see the exhibit be
bond markets, see the exhibit below.
Ideally, you want to choose a combination of low - cost funds that will give you exposure to stocks of all types and styles (domestic, foreign, large, small, growth and value) as well as
bond funds that track the broad investment -
grade bond market (government and
corporate issues in a range of maturities).
The Markit iBoxx ® $ Liquid Investment
Grade Index is a modified
market - value weighted index designed to provide a balanced representation of U.S. dollar - denominated investment
grade corporate bonds publicly offered in the United States by means of including the most liquid investment
grade corporate bonds available as determined by the index provider.
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.
Mike probably owns our Balanced Growth Portfolio which does have 3
bond funds in it; emerging
markets, high yield
bonds, and high -
grade corporate bonds.
The Bloomberg Barclays U.S.
Corporate High - Yield Index the covers the USD - denominated, non-investment grade, fixed - rate, taxable corporate bon
Corporate High - Yield Index the covers the USD - denominated, non-investment
grade, fixed - rate, taxable
corporate bon
corporate bond market.