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Twitter was the first medium – I believe it was Lisa Abramowicz of Bloomberg – that noted that the February 2nd, 2023, rally in the corporate high-yield asset class was...
The name of the bond market game since COVID-19 hit, if it can be summarized in one sentence, is that “credit spread assets continue to make sense.” This graph from...
This chart looks at junk-bond fund PHDAX and the S&P 500 over the past 25 years. Junk bonds sent bearish messages before stocks peaked in 2000 and 2007. Bearish divergences...
| YTD | 3M | 1Y | 3Y | 5Y | 10Y | |
|---|---|---|---|---|---|---|
| Growth of 1000 | 1067 | 1024 | 1075 | 1292 | 1235 | 1585 |
| Fund Return | 6.75% | 2.41% | 7.45% | 8.91% | 4.31% | 4.71% |
| Place in category | 292 | 92 | 309 | 370 | 408 | 263 |
| % in Category | 52 | 18 | 57 | 71 | 79 | 65 |
| Name | Rating | Total Assets | YTD% | 3Y% | 10Y% | |
|---|---|---|---|---|---|---|
| PIMCO Income Instl | 126.53B | 9.74 | 9.27 | 4.88 | ||
| PIMCO Income P | 54.03B | 9.65 | 9.16 | 4.78 | ||
| PIMCO Total Return Instl | 34.56B | 8.66 | 7.03 | 2.47 | ||
| PIMCO Income A | 14.66B | 9.38 | 8.83 | 4.46 | ||
| PIMCO Foreign Bond (USD-Hedged) I | 10.13B | 4.50 | 6.58 | 3.32 |
| Name | Rating | Total Assets | YTD% | 3Y% | 10Y% | |
|---|---|---|---|---|---|---|
| Vanguard High-Yield Corporate Adm | 22.61B | 7.95 | 9.43 | 5.20 | ||
| Fidelity Capital & Income | 14.76B | 11.68 | 12.19 | 7.55 | ||
| BlackRock High Yield Bond Instl | 13.16B | 7.88 | 10.50 | 5.83 | ||
| BlackRock High Yield Bond K | 11.86B | 7.97 | 10.56 | 5.92 | ||
| American Funds American High-Inc A | 11.55B | 6.92 | 9.97 | 5.95 |
| Name | ISIN | Weight % | Last | Change % | |
|---|---|---|---|---|---|
| United States Treasury Notes 4.25% | - | 2.50 | - | - | |
| 10 Year Treasury Note Future Sept 25 | - | 2.42 | - | - | |
| 5 Year Treasury Note Future Sept 25 | - | 2.37 | - | - | |
| PIMCO Sr Ln Actv ETF | - | 2.29 | - | - | |
| United States Treasury Notes 3.625% | - | 2.17 | - | - |
| Type | Daily | Weekly | Monthly |
|---|---|---|---|
| Moving Averages | Buy | Buy | Buy |
| Technical Indicators | Strong Sell | BUY | BUY |
| Summary | Neutral | Buy | Buy |
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