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A flexible, relative value multi-sector credit portfolio
Is NBFC's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.
High yield debt, also known as junk bonds, isn't always synonymous with quality, but that's why there are credit ratings. Those grades give investors indications as to which bonds have some semblance of quality traits and upgrade potential while also providing clues about default risk and low quality.
Many novice investors believe the equity market is the economy. However, the bond market is where to look when searching for clues regarding the health of the broader economy.
In late October, the Federal Reserve delivered its second interest rate cut of 2025. Chairman Powell cast doubt on whether another reduction is coming in December.
Corporate bonds, both investment-grade and high-yield fare, are among the best-performing fixed income segments this year. That's the good news.
Fixed income investors know that bond prices and yields move inverse of one another. That means when yields decline, prices rise.