Why is now the time to consider investing in U.S. high yield bonds? At today’s yield levels, high yield bonds may generate income that few other fixed income exposures can match, with lower expected volatility than equities.1
Join JoAnne Bianco, CFA® and Ben Morris of BondBloxx for a discussion on opportunities with high yield bonds and why it’s essential to invest with precision in this asset class.
Why precision is important when investing in high yield bonds.
Why high yield bonds may work in this environment.
How high yield bonds fit in your fixed income portfolio.
Accepted for one hour of CFP/IWI/The American College Board CE credit for live and on-demand attendees
CFA Institute members are encouraged to self-document their continuing professional
development activities in their online CE tracker.
JoAnne Bianco, CFA®
1As of 12/31/22, the 10 year average standard deviation of returns for the S&P 500 Index was 17% while the ICE BofA U.S. High Yield Index was 9%. We expect equities to continue to exhibit higher volatility compared to high yield bonds. Standard deviation measures the dispersion of a dataset relative to its mean (average) and is often used as a measure of relative risk of an asset. A high standard deviation indicates a more volatile security. The ICE BofA U.S. High Yield Index tracks the performance of U.S. dollar-denominated, below investment grade-rated corporate debt publicly issued in the U.S. domestic market.
This complimentary webcast is for financial professionals only and is closed to the public.
Carefully consider the Funds’ investment objectives, risks, charges, and expenses before investing. This and other information can be found in the Funds’ prospectus or, if available, the summary prospectus, which may be obtained by visiting bondbloxxetf.com. Read the prospectus carefully before investing.
There are risks associated with investing, including possible loss of principal. Fixed income investments are subject to interest rate risk; their value will normally decline as interest rates rise. Fixed income investments are also subject to credit risk, the risk that the issuer of a bond will fail to pay interest and principal in a timely manner, or that negative perceptions of the issuer’s ability to make such payments will cause the price of that bond to decline. Investing in mortgage- and asset-backed securities involves interest rate, credit, valuation, extension and liquidity risks and the risk that payments on the underlying assets are delayed, prepaid, subordinated or defaulted on.