Long-duration bond funds got brutalized when the 10-year Treasury yield spiked above 4.5% last year, and even high-yield credit funds gave back gains every time the VIX poked above 25.
PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) has delivered a 10% total return over the past year, combining monthly income distributions with modest price appreciation.
The Federal Reserve cut rates again on Dec.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| DI David Izzi Brown, LISLE/CUMMINGS Inc. | 470 | $46,581.95 | $43,578.4 | -$3,003.55 | -6.45% |
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 175,434 | $16.41M | $16.29M | -$121,077.78 | -0.74% |
| PN Peter Nicholson First Bancorp Inc. /ME/ | 209 | $19,545.68 | $19,374.3 | -$171.38 | -0.88% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 637 | $59,284.12 | $59,075.38 | -$208.74 | -0.35% |
| NA Nizar Araji National Bank Of Canada /FI/ | 21,977 | $2.07M | $2.04M | -$29,459.43 | -1.42% |
| ARCA Exchange | US Country |
This financial entity is designed for investors seeking opportunities in the high-yield, short-term corporate bond market. Focusing primarily on the U.S. market, it allocates at least 80% of its total assets to securities that form part of the ICE BofA 0-5 Year U.S. High Yield Constrained Index. This specified inclination towards U.S. dollar-denominated corporate debt, categorized below investment grade and with less than five years until maturity, signifies its strategic approach to investing in higher-risk, potentially higher-return assets.
This service involves investing in below investment grade U.S. corporate debt securities. The focus is on debt with shorter maturities (less than 5 years), aiming to provide investors with a blend of income generation and capital appreciation prospects, mitigated by the shorter duration of the underlying assets.