1 Source, Barclays capital as of May 18, 2015, using the 2% issuer constrained Ba sub-set. Barclays Capital U.S. High Yield Index covers the universe of fixed rate, non-investment grade debt. Duration quoted is the modified adjusted duration.
2 Based on the JP Morgan US High Yield Index. Acciavatti, Peter, Tony Linares, Nelson Jantzen, CFA, Rahul Sharma, and Chuanxin Li. “Credit Strategy Weekly Update.” J.P. Morgan, North American Credit Research, May 15, 2015, p. 48.
Although information and analysis contained herein has been obtained from sources Peritus I Asset Management, LLC believes to be reliable, its accuracy and completeness cannot be guaranteed. Information on this website is for informational purposes only. As with all investments, investing in high yield corporate bonds and loans and other fixed income, equity, and fund securities involves various risk and uncertainties, as well as the potential for loss. Past performance is not an indication or guarantee of future results.
This article was written by Heather Rupp, CFA, Director of Research for Peritus Asset Management, the sub-advisory firm of the AdvisorShares Peritus High Yield ETF (HYLD).