It is interesting to note that it had higher dividend
yield than the quality portfolio without additional value screen, due to the lower valuation of stocks.
Not exact matches
In other words, equity dividends are higher by a third of a percentage points
than quality bond
yields, and that's before the dividend tax credit and before any capital gains.
So while these «fallen angel» bonds have the potential to be intrinsically higher
quality than debt originally issued at the junk or high -
yield level, undue structural selling pressure from the downgrade can cause them to sell at a discount.
The
quality portfolio may have higher risk - adjusted returns
than the broad market, but it will also likely have lower overall returns due to the lower
yield.
Small stocks and many international stocks don't pay much income; income from high -
yield and foreign bonds may be higher
than for high -
quality bonds, but also more variable.
The B tranche has lower credit
quality and thus has a higher
yield than the senior tranche.
Consequently, U.S. Treasury
yields have, over the last 30 years, declined more
than high -
quality corporate debt
yields,
yields on productive business capital and S&P 500 earnings.
On average, high -
quality corporate bonds currently have
yields that are at least one percentage point higher
than Treasury bonds.
While spreads between
yields on highly - rated corporate bonds and government bonds have remained above their historical averages, this continues to reflect strong demand for Commonwealth Government bonds rather
than concerns about corporate credit
quality.
When the market is chasing
yield and chasing low
quality, we're going to perform well, but less well
than the market.
An inverted
yield curve is an interest rate environment in which long - term debt instruments have a lower
yield than short - term debt instruments of the same credit
quality.
Quality REIT with more
than 7.5 %
yield (I know you don't like that high
yields, but I think it's pretty safe).
If, instead, you buy
quality undervalued companies, your returns may be greater
than the sum of dividend
yield and dividend growth.
This is a market - based estimate of the amount of fear in the bond market Bass - rated bonds are the lowest
quality bonds that are considered investment - grade, rather
than high -
yield.
Yet low nominal gross domestic product growth and aging populations argue for lower bond
yields than in the past — and sustained demand for high
quality bonds.
There is more
than $ 100 trillion invested in what I call
quality, high -
yield assets — including real estate investment trusts (REITs), business development companies (BDCs), and other hybrid income sources.
However, munis may pay lower
yields than Treasury or corporate bonds of similar maturity and
quality, and are subject to the same rate risks as other bonds.
The Oakmark Equity and Income Fund invests in medium - and lower -
quality debt securities that have higher
yield potential but present greater investment and credit risk
than higher -
quality securities, which may result in greater share price volatility.
High
Yield bond portfolios concentrate on lower -
quality bonds, which are riskier
than those of higher -
quality companies.
The result is a selection of bonds with higher volatility, lower credit
quality, and higher
yield than the broader high -
yield market.
After a few disastrous growing trials, they developed a new system that consistently
yields high -
quality plants in a fifteen month period, weighing as much as two pounds, and with less
than a two percent mortality rate.
«We expect the
yield to be twice as high per cow
than the industry average because of the
quality genetics,» Mr Arena said, «We expect to be able to produce 80 million litres of milk per year.»
Mr Altschwager agreed that a reduction is needed, but says the lower -
quality areas producing the bulk of the country's grapes can become profitable more quickly
than the lower -
yielding ones.
Italy and France seem to have enjoyed a good year, in terms of both
quality and quantity, while Spanish suppliers are reporting lower
yields and smaller production
than those seen in 2014.
Our efforts build upon more
than sixty years of improving
yield,
quality, management and disease resistance.
The
yields were a little larger
than anticipated, making crop thinning a must on certain varietals to ensure
quality.
More often
than not, these charges fail to
yield results but when the little bit of
quality was needed at the end, City had that too, in the form of a sublime pass from David Silva, and Aguero's solid finish.
In testing five different ways to convey Oldowan stone - knapping skills to more
than 180 college students, the researchers found that the demonstration that used spoken communication — versus imitation, non-verbal presentations or gestures —
yielded the highest volume and
quality of flakes in the least amount of time and with the least waste.
She did not specify which manufacturers are having trouble meeting demand but cited lower -
than - expected
yields and rigorous
quality - control measures as reasons for the delay.
In the past, increasing
yield and ground coverage had a much higher priority
than sensory
quality.
This study shows that although miscanthus
yield was slightly lower on marginal, low -
quality land, a farmer would have an economic incentive to grow miscanthus on the lower
quality land first rather
than diverting their most productive cropland from growing corn,» said University of Illinois agricultural economist Madhu Khanna who co-authored the study along with a team of economists and environmental and crop scientists from the Energy Biosciences Institute at U of I.
However, because M. barkeri has a complex cell wall, produces a thick outer layer of polysaccharide, and grows in large aggregates of cells rather
than as individual cells, standard RNA extraction protocols give incomplete lysis of cells and result in low
yields of poor -
quality RNA.
In the pre-digital days, when FX elements were literally printed on top of each other, they were typically photographed in 65 mm or VistaVision, since large formats
yield more image detail up front
than standard 35 mm, toning down the loss of
quality that occurs during optical compositing.
Universal's DVD is a decent transfer of the film - the soft focus cinematography
yields a less -
than sharp transfer, and some of the night shots are slightly grainy, in spite of Schrader's deliberate use of in - camera opticals to preserve image
quality.
This or similar approaches (e.g., Kingsland's proposal to grant larger vouchers for at - risk students) are more likely to
yield wider private school participation — and therefore greater access to
quality schools —
than a strict open admissions mandate.
We are underinvesting in teacher
quality in the sense that a dollar increase in teachers» pay would
yield more
than a dollar of benefit to society in the form of student achievement gains.
The scaling of high - performing CMOs provides one of the highest levels of return and leverage for philanthropic funds, particularly when you consider that CMOs tend to deliver much higher student achievement
than the local district; these schools will continue to serve students in a high -
quality way over time; and there are few investments in K — 12 that have consistently
yielded this level of performance.
The new initiative grew out of The Wallace Foundation's years of work in youth development, including a dozen - year effort to encourage citywide coordination for afterschool that
yielded more
than 40 publications and found, according to a study by RAND, «that organizations across cities could work together toward increasing access,
quality, data - based decision making and sustainability.»
This 2006 report found that each dollar invested to date in the high -
quality Arkansas Better Chance Pre-K program will
yield $ 2.32 in future savings to the state and that offering pre-k to all children would return savings of more
than $ 100 million.
High
quality preschool education
yields more in benefits to society
than its initial cost, and studies suggest there is a positive return on investment for a range of differing preschool programs.
According to the Council of Economic Advisers, our initial $ 10.5 billion investment in high - speed rail will
yield more
than 85,000
quality jobs.
Ride
quality is predictably a touch firmer in Sport compared to Comfort (which is magic - carpet - ride smooth), and this mode
yields more -
than - respectable handling.
Another option, though may be not as safe as CDs or money market accounts, is high
quality dividend paying stocks (always understand that investing in the stock market is riskier
than putting money in bank accounts), some with more
than 5 % dividend
yield at the end of 2010.
The S&P 500 High
Yield Corporate Bond Index tracks the junk bonds of issuers of the S&P 500 and as the
yields indicate, on average, they tend to be better
quality than the bonds in the broader index.
On the flip side, there may be times when a low earnings
yield might reflect high earnings
quality or profit margins lower
than sustainable.
Higher Credit
Quality, Lower Volatility and Comparable Yields Preferreds have significantly higher credit quality than high yield bonds, have exhibited lower volatility and can offer similar yields with potential tax advantages on income as some preferreds provi
Quality, Lower Volatility and Comparable
Yields Preferreds have significantly higher credit quality than high yield bonds, have exhibited lower volatility and can offer similar yields with potential tax advantages on income as some preferreds provid
Yields Preferreds have significantly higher credit
quality than high yield bonds, have exhibited lower volatility and can offer similar yields with potential tax advantages on income as some preferreds provi
quality than high
yield bonds, have exhibited lower volatility and can offer similar
yields with potential tax advantages on income as some preferreds provid
yields with potential tax advantages on income as some preferreds provide QDI.
While high
quality ratings often imply lower
yields, the S&P International Corporate Bond Index has a weighted average
yield - to - worst of 2.16 %, which is higher
than the average
yields of U.S. treasuries and comparable to the 2.26 %
yield of the S&P 500 AAA Investment Corporate Bond Index.
High -
yielding stocks can provide a great boost to a portfolio's returns, and
quality dividends are much more reliable
than capital gains.
They tend to be less affected by Fed rate uncertainty
than Treasuries and have benefitted from firmer credit conditions at the low end of the
quality spectrum (high
yield).
These high -
quality fixed income assets seek to provide higher
yields than other bonds after taxes (and recently longer maturities have been outyielding Treasuries even before tax).