High-yield bonds behave more like stocks than investment-grade bonds. These bonds have significant holdings in smaller companies, which are considered to have a weaker financial condition but benefit ...

One notable trend across both mutual funds and exchange-traded funds (ETFs) is the growing prevalence of core-plus fixed-income strategies. These funds operate under a two-part mandate. The “core” ...

The fund has returned 8.12 percent over the past year, 9.10 percent over the past three years, 5.11 percent over the past five years and 6.63 percent over the past decade. The fund invests primarily ...

Nominal yield, a key bond metric, is calculated by dividing the annual interest by the bond's face value, not purchase price.

With more rate cuts likely on the way from the Federal Reserve, high-yield muni bond funds should perform well. With a stock market that has had a massive three-year run, taking some stock profits off ...

Chimera Investment baby bonds offer 9%+ yields, presenting an attractive alternative to pressured BDC baby bonds and preferred stocks. CIM's baby bonds are supported by strong coverage ratios, a ...

"Without this tool, the credits that emerge in the high-yield space would be otherwise inaccessible," said Jim Thompson, chairman and CEO of Preston Hollow Community Capital. A rise in the number of ...

"We have a lot of good holdings and trades, and good credit selection in other sectors that in the short term have been overwhelmed by our Brightline holdings," said John Miller, CIO and head of the ...

Although HYBL's allocations are uncommon, I find them to be perfectly reasonable. The fund is simply investing in high-yield securities, both fixed-rate and variable-rate, without regard to their ...

Fixed-income investors got a one-two punch in mid-October: first, with the bankruptcy-protection filing of First Brands, a heavily indebted auto-parts company, and then, separately, when two regional ...