In short, loans have been defensive relative to high yield bonds
, but were not necessarily a way to cash in on rising rates.
We have long advocated diversifying into European high yield bonds
, and indeed loans.
Manulife Asset Management (US) LLC (MAM US) will assume on or about May 10, 2016 sub-advisory duties for Manulife High Yield Bond
While Money Market Funds rebounding from the previous week's record setting outflows with their highest ever inflow, High Yield Bond
and Floating Rate Funds suffered their biggest weekly outflows since EPFR Global started tracking them in 2Q05 and 1Q07 respectively.
Those investors who are concerned about the impact of rising rates might consider the ProShares Short High Yield Bond
ETF (SJB), a bear fund that aims to perform 100% opposite the performance of U.S.
High Yield Bond
Funds, including funds investing mainly in US and European issues, posted their second largest weekly outflow on record as investors withdrew $2.09 billion from these funds.
PH&N High Yield Bond
Fund ("the Fund") seeks to provide a high level of income and the opportunity for capital appreciation by investing primarily in a well-diversified portfolio of fixed income securities issued by Canadian and/or foreign corporations and governments.
Global Banking News-February 3, 2016--Generali to overhaul Euro high yield bond
High Yield bond
space, we find no index or enhanced index funds showing up in the screening.
First Trust advantaged short duration high yield bond
fund (TSX:FSD.UN) said it plans to distribute USD0.05 for each class A unit and class F unit for the month ending April 30, 2015.
M2 EQUITYBITES-June 19, 2015-First Trust Advantaged Short Duration High Yield Bond
Fund announces distribution of USD0.05 per unit for June 2015