High Yield Or Junk: Is A 7% Yield Enough?
Vipin Sahijwani - Seeking Alpha - Fri Feb 13, 12:00PM CST
In today's world, labels, categories, and designations are very often being redefined, and, not surprisingly, this phenomenon extends to those of us working in the business of finance. Brokers are now frequently referred to as consultants and junk...
JNK: 39.43 (+0.10), HYG: 91.12 (+0.13), SJB: 27.31 (-0.03), XOVR: 26.52 (+0.06), QLTC: 49.15 (unch), ANGL: 27.22 (-0.13), UJB: 58.70 (+0.35), HYLS: 50.48 (+0.38), HYLD: 41.96 (+0.12)
Dreyfus High Yield Strategies Fund: This Net Asset Value Bargain Offers A Generous 9.7% Yield
Hawkinvest - at Seeking Alpha - Thu Feb 12, 8:33AM CST
JNK: 39.43 (+0.10), DHF: 3.62 (-0.01)
Don't Count Out High Yield In 2015
AllianceBernstein - at Seeking Alpha - Thu Feb 12, 12:35AM CST
By Gershon Distenfeld Fears about higher US interest rates, rising defaults and a multi-month decline in the price of oil have injected a dose of high anxiety into the high-yield market. But we still think investors will be better off this year if...
JNK: 39.43 (+0.10), DHY: 2.77 (unch), HYT: 11.41 (+0.04)
Junk-rated companies face wave of maturities
Seeking Alpha - at Seeking Alpha - Wed Feb 11, 10:26AM CST
SNLN: 19.33 (-0.02), JNK: 39.43 (+0.10), HYG: 91.12 (+0.13), SJB: 27.31 (-0.03), FTSL: 49.10 (+0.05), XOVR: 26.52 (+0.06), QLTC: 49.15 (unch), ANGL: 27.22 (-0.13), BKLN: 24.02 (-0.08), UJB: 58.70 (+0.35), HYLS: 50.48 (+0.38), SRLN: 49.10 (+0.09), HYLD: 41.96 (+0.12)
Invesco: Pick your spots in high-yield
Seeking Alpha - at Seeking Alpha - Mon Feb 09, 2:49PM CST
EMAG: 22.20 (+0.04), HYEM: 23.12 (+0.13), PGHY: 23.27 (-0.13), ANGL: 27.22 (-0.13), HYLD: 41.96 (+0.12), UJB: 58.70 (+0.35), EMSH: 74.65 (unch), IHY: 24.47 (+0.11), JNK: 39.43 (+0.10), HYXU: 48.49 (+0.13), SJB: 27.31 (-0.03), XOVR: 26.52 (+0.06), QLTC: 49.15 (unch), EMB: 111.75 (+0.27), HYLS: 50.48 (+0.38), EMLC: 20.76 (+0.10), HYG: 91.12 (+0.13), EMHY: 47.82 (+0.48), PHB: 19.00 (-0.08), VWOB: 77.15 (+0.29), IJNK: 22.75 (unch), FEMB: 47.50 (-1.06), LEMB: 45.53 (-0.10), PCY: 28.51 (-0.04), ELD: 41.21 (+0.15), EBND: 27.91 (+0.05)
Warren Buffett Is Right: The Fed Will Have A Tough Time Raising Rates In 2015
Brendan O'Boyle - at Seeking Alpha - Thu Feb 05, 8:00PM CST
KMI: 41.97 (+0.21), JNK: 39.43 (+0.10), T: 34.66 (+0.05), PM: 82.87 (-0.82), SPY: 209.78 (+0.86), MLPI: 39.67 (+0.32), O: 52.01 (+0.32)
Energy Weighing Heavily On Junk Bond Market; Watch For Contagion
Chris Puplava - at Seeking Alpha - Thu Feb 05, 4:45AM CST
"The essence of investment management is the management of risks, not the management of returns. ALL good portfolio management begins with this premise!" Benjamin Graham, The Intelligent Investor Perhaps the most important message I...
HYG: 91.12 (+0.13), XOP: 53.32 (+1.37), XLY: 74.89 (+0.45), ANGL: 27.22 (-0.13), HYLD: 41.96 (+0.12), UJB: 58.70 (+0.35), JNK: 39.43 (+0.10), SJB: 27.31 (-0.03), XOVR: 26.52 (+0.06), QLTC: 49.15 (unch), HYLS: 50.48 (+0.38), XLF: 24.43 (-0.02), XLE: 82.04 (+1.70)
Jeffrey Gundlach: The Secret To Beating Low Yields
Learn Bonds - at Seeking Alpha - Wed Feb 04, 7:08PM CST
Jeffrey Gundlach’s contrarian view that bond yields will continue to fall in 2015 has so far proved the right one. Gundlach, the founder and chief investment officer of DoubleLine Capital, made his name in 2011 when he famously bet on...
ILTB: 64.37 (-0.19), JNK: 39.43 (+0.10), HYG: 91.12 (+0.13), DVY: 79.57 (-0.29), SJB: 27.31 (-0.03), XOVR: 26.52 (+0.06), BYLD: 25.36 (unch), QLTC: 49.15 (unch), ANGL: 27.22 (-0.13), BLV: 95.24 (-0.66), UJB: 58.70 (+0.35), HYLS: 50.48 (+0.38), HYLD: 41.96 (+0.12), BND: 82.80 (-0.19), YPRO: 23.93 (-0.03)
The Opportunity In Volatility
AdvisorShares - Seeking Alpha - Wed Feb 04, 3:58PM CST
By: Heather Rupp, CFA, Director of Research for Peritus Asset Management, the sub-advisory firm of the AdvisorShares Peritus High Yield ETF (NYSEARCA: HYLD ) It seems the best way to sum up on the markets of late is with the word...
JNK: 39.43 (+0.10), HYG: 91.12 (+0.13), TVIX: 2.57 (-0.05), SPY: 209.78 (+0.86), VXX: 30.97 (-0.38), HYLD: 41.96 (+0.12)
Pop in oil puts bid back in BDCs
Seeking Alpha - at Seeking Alpha - Tue Feb 03, 2:44PM CST
HYG: 91.12 (+0.13), PNNT: 9.40 (+0.16), MAIN: 30.82 (+0.23), TCAP: 22.52 (+0.37), TICC: 7.54 (+0.04), BDCS: 22.99 (+0.10), GBDC: 17.51 (-0.06), JNK: 39.43 (+0.10), TCRD: 11.75 (+0.23), BDCL: 21.37 (+0.33), FSC: 7.23 (+0.12), AINV: 7.71 (+0.15), BIZD: 18.34 (+0.14), PSEC: 8.67 (+0.07), FSIC: 9.49 (+0.03)
Rising Credit Spread In Junk Bonds - This Red Flag Is Really Ominous
Streetwise Research - at Seeking Alpha - Tue Feb 03, 12:52PM CST
JNK: 39.43 (+0.10)
Risk Aversion Gains Momentum And Risk Taking Loses It
Gary Gordon - Seeking Alpha - Tue Feb 03, 12:52PM CST
The case for investing in riskier assets has often been described as a sensible quest for yield and/or capital appreciation in a world with ultra-low interest rates. That helps to explain why the S&P 500 has defied the odds with respect to...
ZROZ: 123.35 (-1.57), JNK: 39.43 (+0.10), TLH: 136.86 (-0.66), SPY: 209.78 (+0.86), IEF: 107.18 (-0.36), GLD: 117.98 (+0.64), EDV: 126.88 (-1.85), IWM: 121.53 (+0.72), UUP: 24.91 (-0.01), HEWG: 26.41 (+0.01)
SPDR Barclays High Yield Bond announces monthly distribution of $0.183
Seeking Alpha - at Seeking Alpha - Mon Feb 02, 2:40PM CST
JNK: 39.43 (+0.10)
The Black Cloud Still Looms Large
Eric Parnell, CFA - at Seeking Alpha - Wed Jan 28, 11:58AM CST
HK: 2.18 (-0.02), EXXI: 4.00 (+0.42), UPL: 15.67 (+0.84), FCX: 20.29 (+0.82), BBEP: 7.85 (+0.32), TLT: 128.19 (-1.33), JNK: 39.43 (+0.10), MEMP: 17.35 (+0.51), SPY: 209.78 (+0.86), QEP: 22.59 (+0.90), RIG: 19.05 (+0.42), TCK: 15.37 (+0.38), ACI: 1.19 (+0.02), WFT: 12.17 (+0.55), XCO: 2.52 (+0.20), DNR: 8.66 (+0.39), LINE: 12.94 (+0.40), PGN: 2.88 (-0.07), XLE: 82.04 (+1.70), SD: 2.09 (+0.14), USO: 19.62 (+0.44), HYG: 91.12 (+0.13), WLL: 38.53 (+2.41), IEF: 107.18 (-0.36), PDS: 6.04 (+0.12), WLT: 1.09 (+0.05), SN: 15.21 (-0.12), CLF: 7.00 (+0.35), SM: 48.56 (+0.83), PVA: 7.14 (+0.24), SSE: 5.23 (+0.22), ANR: 1.27 (+0.03), ROSE: 24.19 (+1.17), HERO: 0.92 (+0.02), PACD: 3.76 (+0.16), BTU: 7.65 (+0.46), CRC: 6.50 (+0.14), MPO: 1.00 (-0.02), OAS: 16.84 (-0.03)
A Strategic High-Yield Discussion And Portfolio Planner
Adam Aloisi - at Seeking Alpha - Tue Jan 27, 1:01PM CST
HYG: 91.12 (+0.13), MAIN: 30.82 (+0.23), SPG: 193.11 (-1.61), MDIV: 21.48 (+0.04), SDIV: 23.77 (+0.14), ARI: 16.70 (-0.07), CBA: 16.75 (+0.19), WSR: 15.60 (-0.13), BDCS: 22.99 (+0.10), SNH: 22.47 (+0.36), MORL: 19.93 (+0.09), VTI: 108.47 (+0.51), STWD: 24.24 (-0.10), GOV: 23.02 (-0.14), JNK: 39.43 (+0.10), GHY: 16.68 (+0.05), REM: 11.74 (+0.04), VNQ: 85.06 (-0.57), HYLS: 50.48 (+0.38), PSEC: 8.67 (+0.07), NRF: 18.65 (+0.12)
Not a seller's market in high-yield
Seeking Alpha - at Seeking Alpha - Tue Jan 27, 12:02PM CST
SNLN: 19.33 (-0.02), JNK: 39.43 (+0.10), HYG: 91.12 (+0.13), SJB: 27.31 (-0.03), FTSL: 49.10 (+0.05), XOVR: 26.52 (+0.06), QLTC: 49.15 (unch), ANGL: 27.22 (-0.13), BKLN: 24.02 (-0.08), UJB: 58.70 (+0.35), HYLS: 50.48 (+0.38), SRLN: 49.10 (+0.09), HYLD: 41.96 (+0.12)
Junk-Bond Bubble Implodes Beyond Energy, Deals Scuttled, Yields Soar, Suddenly 'Insufficient Demand'
Wolf Richter - Seeking Alpha - Tue Jan 27, 4:01AM CST
The year 2015 has just started, and already there have been two junk-bond casualties: the first on Thursday, and the second one today. They weren't energy companies. Energy companies don't even try anymore. They've been locked out. Both deals had to...
JNK: 39.43 (+0.10), HYG: 91.12 (+0.13), SJB: 27.31 (-0.03), XOVR: 26.52 (+0.06), QLTC: 49.15 (unch), ANGL: 27.22 (-0.13), UJB: 58.70 (+0.35), HYLS: 50.48 (+0.38), HYLD: 41.96 (+0.12)
Market Maker Surveillance Report. PFE, BAC, SIRI, HCA, JNK, GDXJ, Highest Net Buy Volume With Lowest Price Friction For Monday, January 26th 2015
M2 - Tue Jan 27, 2:51AM CST
BUYINS.NET / www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for Monday. Since October 2008 market makers are now required to be on the bid as much as they are on the offer and for like amounts of stock. This Fair Market Making Requirement is designed to prevent market makers from manipulating stock prices. On Monday there were 4974 companies with "abnormal" market making, 4284 companies with positive Friction Factors and 2412 companies with negative Friction Factors. Here is a list of the top companies with the highest net buy volume on Monday and lowest price Friction (bullish). This means that there was more buying than selling in the stocks and their stock prices rose faster with less Friction. Pfizer Inc (NYSE
JNK: 39.43 (+0.10), HCA: 68.54 (-0.48), GDXJ: 27.00 (+0.38), PFE: 34.64 (-0.23), BAC: 16.61 (-0.06), SIRI: 3.83 (-0.07)
6 High-Yield Bond CEFs Trump ETFs Like HYG And JNK
Convergence Investments - at Seeking Alpha - Mon Jan 26, 11:01PM CST
JNK: 39.43 (+0.10), HYG: 91.12 (+0.13), HIO: 5.40 (+0.02), GHY: 16.68 (+0.05), IVH: 16.20 (+0.13), NAV: 28.52 (+0.58), NHS: 12.56 (+0.03), HYI: 16.15 (+0.07), AWF: 12.68 (+0.02)
Global Macro Performance
The Short Side Of Long - at Seeking Alpha - Mon Jan 26, 1:43PM CST
Chart 1: Global bonds have outperformed all other major asset classes (click to enlarge) Source: Short Side of Long Let us quickly look at the 12 month performance of all major asset classes. Chart 1 shows three major equity regions: US,...
OUNZ: 12.26 (+0.06), WREI: 47.61 (-0.42), CEMB: 48.68 (-0.12), BNO: 23.05 (+0.78), BNDX: 53.60 (-0.11), IHY: 24.47 (+0.11), SCHH: 40.87 (-0.32), SGOL: 120.32 (+0.59), DRV: 22.00 (+0.46), FCOR: 50.60 (-0.38), DRW: 30.14 (+0.19), XOVR: 26.52 (+0.06), DNO: 54.24 (-1.32), DRN: 90.19 (-1.98), VNQI: 56.81 (+0.57), PICB: 27.60 (+0.01), BWX: 54.15 (-0.08), DTO: 81.31 (-5.12), WPS: 38.57 (+0.32), RWR: 95.23 (-0.83), RWO: 50.49 (-0.05), CBND: 32.79 (-0.10), RWX: 44.34 (+0.30), PSR: 76.21 (-0.67), IGOV: 94.02 (-0.09), IAU: 11.89 (+0.06), AGOL: 121.01 (-0.19), DWTI: 95.90 (-7.40), FRI: 23.33 (-0.16), OLO: 7.58 (+0.02), HYEM: 23.12 (+0.13), PGHY: 23.27 (-0.13), ANGL: 27.22 (-0.13), UJB: 58.70 (+0.35), GRI: 46.25 (+0.03), HYLD: 41.96 (+0.12), COBO: 100.50 (unch), HYXU: 48.49 (+0.13), JNK: 39.43 (+0.10), SUBD: 25.95 (-0.10), SJB: 27.31 (-0.03), IFGL: 32.06 (+0.34), REK: 19.56 (+0.19), EMCB: 71.33 (+0.16), OIL: 12.01 (+0.34), QLTC: 49.15 (unch), EMCD: 28.11 (-0.84), QLTB: 53.09 (-0.01), IYR: 80.31 (-0.44), QLTA: 52.21 (-0.10), URE: 115.05 (-1.18), OLEM: 25.07 (+0.30), HYLS: 50.48 (+0.38), VNQ: 85.06 (-0.57), CRED: 112.31 (-0.29), SRS: 11.55 (+0.12), RWXL: 37.70 (+0.59), REET: 27.26 (-0.11), IBND: 32.80 (-0.01), USO: 19.62 (+0.44), HYG: 91.12 (+0.13), EMHY: 47.82 (+0.48), UCO: 9.19 (+0.39), FFR: 46.14 (+0.10), EMRE: 24.61 (unch), UWTI: 3.71 (+0.23), IJNK: 22.75 (unch), FTY: 49.14 (-0.35), SCO: 70.05 (-3.45), ICF: 102.12 (-0.98), TAPR: 31.63 (+0.44), SZO: 60.00 (-4.31), DBO: 14.88 (+0.08), GLD: 117.98 (+0.64), LQD: 120.83 (-0.48), CORP: 103.79 (-0.25), IGU: 62.29 (+0.17), KBWY: 36.19 (-0.18), IGS: 28.64 (+0.57), GOVT: 25.33 (-0.06), USL: 26.81 (+0.40), PLW: 33.20 (-0.21)