Sentences with phrase «in investment grade debt»

It invests primarily in investment grade debt securities, but may invest up to 20 % of its total assets in junk bonds that are rated B or higher by Moody's, or equivalently rated by S&P or Fitch, or, if unrated, determined by PIMCO to be of comparable quality.

Gary Cloud: Regardless of a potentially higher rate environment, our fixed income portfolio remains invested in investment grade debt with a small weighting in preferred stocks, business development companies, and high - yield bonds.

The Portfolio invests substantially all of its assets in investment grade debt securities.

This week's new issuance in investment grade debt continues at a healthy pace, the majority of new paper focuses around 3 and 5 - year maturities, but there were some longer maturity deals such as $ 500 million Gerdau 7.25 % 30 - years.

The fund invests primarily in investment grade debt securities, but may invest up to 10 % of its total assets in high yield securities rated B or higher by Moody's.

Not exact matches

In order to come up with 10 names, we included six stocks with debt ratings as low as BBB +, which is still investment grade, albeit at the lower end of the scale.

With other big acquisition funding still in the pipeline, it was crucial for banks to set a positive tone for investment - grade debt and lure buyers back into a struggling market.

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.

Amazon has been an infrequent issuer in the investment - grade bond market, with only $ 7.8 billion of debt outstanding as of June 30.

Ratings agency Moody's reported Monday that the rolls of «potential fallen angels,» or issuers with investment - grade debt currently in danger of becoming junk, swelled by 17 in the third quarter, while no companies fell into the opposite category, called «potential rising stars.»

Moody's decision to leave the government's rating in investment grade reflects the underlying strength of the Spanish economy and the government's clear desire to reverse the debt trajectory through a strong fiscal consolidation programme.

Fitch and S&P joined DBRS at the end of 2017 in giving Portugal's debt an «investment grade» after years of considering it «junk.»

The Fund seeks both current income and capital appreciation by investing primarily in below investment grade debt and equity with the ability to hedge risk.

The Fund invests primarily in below investment grade debt, equity securities and real estate and has the ability to hedge risk.

The fund can purchase securities of any credit quality, including those in default, but it will primarily invest in investment - grade debt, with no more than 20 % of the portfolio invested in junk bonds.

In addition, while the Barclays Aggregate Index is dominated by Treasuries, it also includes agency mortgage securities as well as investment grade debt.

Our Global Market Strategies segment, established in 1999 with our first high yield fund, advises a group of 46 active funds that pursue investment opportunities across various types of credit, equities and alternative instruments, including bank loans, high yield debt, structured credit products, distressed debt, corporate mezzanine, energy mezzanine opportunities and long / short high - grade and high - yield credit instruments, emerging markets equities, and (with regards to certain macroeconomic strategies) currencies, commodities and interest rate products and their derivatives.

We see opportunities in dividend growth stocks, EM equities and debt as well as in investment - grade credit.

Such strategies involve investing predominantly in corporate credit, including senior secured and mezzanine loans and high yield, distressed and high grade debt securities, private equity controlled positions, real estate investment and investment in pools of non-performing loans in Europe and Asia.

Investment grade and emerging market debt spreads are right in line with the historical trend line since 2006.

The Fund invests primarily in below investment grade debt and equity and has the ability to hedge risk.

Western allies press Trump to maintain nuclear deal with Iran: Reuters US intelligence monitors Iranian cargo shipments into Syria: CNN A trade war is a major risk for China's debt - ridden economy: CNBC Federal judge orders gov» t must accept new DACA immigration applications: WaPo Unification of Koreas still unlikely as leaders prepare to meet: Reuters US Consumer Confidence Index rebounded in April after March decline: CB New home sales in US increased to 4 - month high in March: MarketWatch Richmond Fed Mfg Index turns negative for first time since 2016: Bond Buyer S&P Case - Shiller Home Price Index surged in Feb, up 6.3 % y - o - y: CNBC Federal Housing Finance Agency: US house prices continued to rise in Feb: HW Corp bonds with lowest investment - grade rating look vulnerable: Bloomberg 10 - year Treasury yield reaches 3.0 % for first time since 2014: CNN Money

Fitch Ratings, confirming its BBB rating — the second - lowest investment grade — and a stable outlook, said today the rating «would come under pressure» if there was no clear expectation of the Paris - based company's ratio of adjusted net debt to earnings staying below 2.5 times in the «medium» term.

NHF is invested primarily in below investment grade debt and equity securities and has the ability to hedge risk.

In fact, the bulk of BKLN's portfolio is below investment grade and debt from firms in bankruptcy is not ruled out eitheIn fact, the bulk of BKLN's portfolio is below investment grade and debt from firms in bankruptcy is not ruled out eithein bankruptcy is not ruled out either.

To manage the risk exposure, the Company invests cash, cash equivalents and short - term investments in a variety of fixed income securities, including short - term interest - bearing obligations, including government and investment - grade debt securities and money market funds.

The continent has struggled to develop high - yield debt markets for growth companies below investment grade, and what it did achieve is collapsing in 2016.

Of course we would like to see AXL pay down its debt as quickly as possible, but cutting the company's debt in half would likely push AXL to be an investment grade credit and this appears achievable within roughly 3 years.

In recent months, the yield on US corporate bonds, especially investment - grade securities, is a little more than 100 basis points compared to the yield on government debt, dropping within striking distance of the lows seen post the 2008 financial crisis.

In February 2014, rating agencies downgraded Puerto Rico's general obligation debt and some related bonds below investment grade, with further downgrades possible.

At its peak, Teck had more than $ 7 billion in debt outstanding, which caused its leverage ratio to rise, resulting in the company not only losing its investment - grade credit rating but getting downgraded deep into junk territory.

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.

We like U.S. investment - grade credit, hard - currency EM debt, stocks in selected EMs and global quality and dividend growth stocks.

We see investment - grade corporate debt as attractive in a world hungry for yield.

A diversified bond fund that invests at least 70 % of its assets in investment - grade debt with tactical investments in high - yield and non-U.S. dollar bonds.

The Bloomberg Barclays Long - Term Government / Corporate Bond Index is an unmanaged index that includes fixed - rate debt issues rated investment grade or higher by Moody's Investors Services, Standard & Poor's Corporation, or Fitch Investor's Service, in order.

BofA Merrill US High Yield Index: Tracks the performance of U.S. dollar denominated below investment grade corporate debt publicly issued in the U.S. domestic market.

EM debt in USD can be divided into debt from investment grade (IG) countries and debt from high yielding (HY) countries.

Ford Motor was among the first investment - grade companies to issue in the US debt markets this year, following the fiscal deal in Washington.

Jakarta's 38.9 % increase was driven by a substantial recovery in domestic demand in the wake of Indonesian sovereign debt's return to investment - grade status, which energized leveraged investment initiatives and drove up demand for prime office space across the capital.

[22] If the total amount of debt in the project is less than $ 75 million, then the applicant must obtain only one investment - grade rating on the senior obligations and one rating on the TIFIA credit instrument from a Credit Rating Agency.

[21] If the TIFIA credit assistance is the senior and / or the only debt in the project, then it must receive two investment grade ratings.

Second, the applicant must obtain two investment - grade ratings (Baa3 / BBB - or higher) on the senior debt obligations and two ratings on the TIFIA credit instrument, both from a Credit Rating Agency, in order to execute a TIFIA credit agreement.

(B) SENIOR DEBT. - Notwithstanding subparagraph (A), in a case in which the Federal credit instrument is the senior debt, the Federal credit instrument shall be required to receive an investment grade rating from at least 2 rating agencies, unless the credit instrument is for an amount less than $ 75,000,000, in which case 1 rating agency opinion shall be sufficient.»

-» (A) IN GENERAL. - To be eligible for assistance under this chapter, a project shall satisfy applicable creditworthiness standards, which, at a minimum, shall include -» (i) a rate covenant, if applicable;» (ii) adequate coverage requirements to ensure repayment;» (iii) an investment grade rating from at least 2 rating agencies on debt senior to the Federal credit instrument; and» (iv) a rating from at least 2 rating agencies on the Federal credit instrument, subject to the condition that, with respect to clause (iii), if the total amount of the senior debt and the Federal credit instrument is less than $ 75,000,000, 1 rating agency opinion for each of the senior debt and Federal credit instrument shall be sufficient.»

In such a structure, the investment grade ratings for senior debt helps the DOT evaluate its credit risk as a subordinate lender.

[191] If the TIFIA credit instrument is proposed as the senior debt, then it must receive two investment grade ratings, unless the total amount of the debt is less than $ 75 million, in which case only one investment grade rating is required.

Notwithstanding subparagraph (A), in a case in which the Federal credit instrument is the senior debt, the Federal credit instrument shall be required to receive an investment grade rating from at least 2 rating agencies, unless the credit instrument is for a rural infrastructure project or intelligent transportation systems project, in which case 1 rating agency opinion shall be sufficient.

Investment grade and emerging market debt spreads are right in line with the historical trend line since 2006.

They have shown interest in funds that potentially provide some income or protection from inflation, and investment grade credit, emerging market debt and TIPS benefited from that.