Seeking Outperformance? Try CCC-Rated Bonds
- High Yield Bond Investing in April: Despite a tough month for high yield bond investing in April, bonds rated CCC are proving to be valuable investment choices.
- Performance of CCC-rated Bonds: CCC-rated bonds are outperforming the rest of the high yield market on year-to-date returns, with total returns of 1.3% in April.
- Opportunities for Investors: The ICE CCC US Cash Pay High Yield Constrained Index has an elevated yield close to 12%, providing opportunities for investors to capture high potential income.
- BondBloxx CCC-Rated USD High Yield Corporate Bond ETF (XCCC): This ETF offers access to benefits within CCC-rated bond investing and aims to produce similar results to the ICE CCC US Cash Pay High Yield Constrained Index.
- XCCC Fund Details: XCCC invests in bonds rated between CCC1 and CCC3, with issuer exposure capped at 2%. The fund uses a representative sampling indexing strategy and has seen significant investor interest with net flows of over $43 million in the last 12 months.
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BondBloxx CCC Rated USD High Yield Corporate Bond ETF announces monthly payout of $0.3334
BondBloxx CCC Rated USD High Yield Corporate Bond ETF (XCCC)
Dividend Announcement: The BondBloxx CCC Rated USD High Yield Corporate Bond ETF has declared a dividend of $0.3334, which is payable on September 5. Shareholders of record as of September 2 will be eligible for this dividend, with the ex-dividend date also set for September 2.
Performance Insights: Despite the fund's attractive dividend, Seeking Alpha's Quant Rating suggests that the overall macroeconomic environment may not be favorable for the performance of the BondBloxx CCC Rated USD High Yield Corporate Bond ETF.
Dividend Scorecard: The article hints at a detailed analysis of the fund's dividend performance, indicating that while the fund may have a solid dividend payout, other factors could impact its overall investment appeal.
What Recession? Markets Have Erased Every Last Bit Of Economic Pessimism
Market Recovery: Following initial panic from Trump's tariff announcement, investor sentiment has improved significantly by mid-May, with credit spreads returning to pre-tariff levels and a reduced probability of a U.S. recession now estimated at 40%.
Sector Performance: As markets transition into a low-tariff environment, sectors like communication services and technology are expected to outperform due to their exposure to global supply chains and easing trade tensions.
Junk bonds are beating the broader market so far in 2024 — but watch this shift
- Junk Bonds Outperforming: Junk bonds are performing better than the broader U.S. fixed-income market in 2024.
- Treasurys Attempting a Comeback: Treasury bonds, which were previously struggling, have been trying to make a comeback recently.
- Shift from Credit Risk to Rates Risk: There is a noticeable shift happening among bond investors from credit risk to rates risk.
- Preference for Better Quality and Duration: Investors are moving towards higher-quality credit risks and longer durations.
- Observations by BofA Global Research: Insights from credit strategists at BofA Global Research highlight these trends in the bond market.
Seeking Outperformance? Try CCC-Rated Bonds
BondBloxx CCC Rated USD High Yield Corporate Bond ETF announces monthly payout of $0.3334
BondBloxx CCC Rated USD High Yield Corporate Bond ETF (XCCC)
Dividend Announcement: The BondBloxx CCC Rated USD High Yield Corporate Bond ETF has declared a dividend of $0.3334, which is payable on September 5. Shareholders of record as of September 2 will be eligible for this dividend, with the ex-dividend date also set for September 2.
Performance Insights: Despite the fund's attractive dividend, Seeking Alpha's Quant Rating suggests that the overall macroeconomic environment may not be favorable for the performance of the BondBloxx CCC Rated USD High Yield Corporate Bond ETF.
Dividend Scorecard: The article hints at a detailed analysis of the fund's dividend performance, indicating that while the fund may have a solid dividend payout, other factors could impact its overall investment appeal.
What Recession? Markets Have Erased Every Last Bit Of Economic Pessimism
Market Recovery: Following initial panic from Trump's tariff announcement, investor sentiment has improved significantly by mid-May, with credit spreads returning to pre-tariff levels and a reduced probability of a U.S. recession now estimated at 40%.
Sector Performance: As markets transition into a low-tariff environment, sectors like communication services and technology are expected to outperform due to their exposure to global supply chains and easing trade tensions.
Junk bonds are beating the broader market so far in 2024 — but watch this shift
- Junk Bonds Outperforming: Junk bonds are performing better than the broader U.S. fixed-income market in 2024.
- Treasurys Attempting a Comeback: Treasury bonds, which were previously struggling, have been trying to make a comeback recently.
- Shift from Credit Risk to Rates Risk: There is a noticeable shift happening among bond investors from credit risk to rates risk.
- Preference for Better Quality and Duration: Investors are moving towards higher-quality credit risks and longer durations.
- Observations by BofA Global Research: Insights from credit strategists at BofA Global Research highlight these trends in the bond market.
Seeking Outperformance? Try CCC-Rated Bonds
