I am adding an allocation of short-duration but high-yield bonds to my VP for a little bit of fun.
https://www.blackrock.com/ca/individual ... income-etf
The above is my ETF of choice. The fund is primarily invested in U.S. domiciled companies with the U.S. dollar exposure hedged back to the Canadian dollar. The average duration is 2.5 years with the credit quality in the BB to CCC range. Average yield to maturity is nearly 7%.
Interestingly, despite being actively managed, it has a nearly identical MER to Blackrock's passive high-yield funds (50 - 60 bps range). Curious.
Bring on the spicy bond investing!
Buying Some High-Yield Bonds
Moderator: Global Moderator
Buying Some High-Yield Bonds
MB
Ruby on Rails rules all
www.allterraininvesting.com
Ruby on Rails rules all
www.allterraininvesting.com
Re: Buying Some High-Yield Bonds
My overall VP is now currently half in these high-yield bonds and the other half in stocks. The stock portion consists of value and small cap value picks.
MB
Ruby on Rails rules all
www.allterraininvesting.com
Ruby on Rails rules all
www.allterraininvesting.com
- mathjak107
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Re: Buying Some High-Yield Bonds
i use fidelity high yield fund. 20% of my non pp is in it
Re: Buying Some High-Yield Bonds
As a Graham/Buffett disciple I will stand on the value hill and die on it.
MB
Ruby on Rails rules all
www.allterraininvesting.com
Ruby on Rails rules all
www.allterraininvesting.com