High Yield Quarterly
06
Apr
2020
2020 Q1 High Yield Quarterly
In the first quarter of 2020, the Bloomberg Barclays US Corporate High Yield Index (“Index”) return was ‐12.68%, and the CAM High Yield Composite gross total return was ‐10.03%. The S&P 500 stock index return was ‐19.60% (including dividends reinvested) for Q1. The 10 year US Treasury rate (“10 year”) generally drifted lower throughout the [...]
READ POST
23
Jan
2020
2019 Q4 HIGH YIELD QUARTERLY
In the fourth quarter of 2019, the Bloomberg Barclays US Corporate High Yield Index (“Index”) return was 2.62% bringing the year to date (“YTD”) return to 14.32%. The CAM High Yield Composite gross total return for the fourth quarter was 2.37% bringing the YTD return to 16.31%. The S&P 500 stock index return was 9.06% [...]
READ POST
15
Oct
2019
2019 Q3 HIGH YIELD QUARTERLY
In the third quarter of 2019, the Bloomberg Barclays US Corporate High Yield Index (“Index”) return was 1.33% bringing the year to date (“YTD”) return to 11.41%. The CAM High Yield Composite gross total return for the third quarter was 2.30% bringing the YTD return to 13.61%. The S&P 500 stock index return was 1.70% [...]
READ POST
15
Jul
2019
2019 Q2 High Yield Quarterly
In the second quarter of 2019, the Bloomberg Barclays US Corporate High Yield Index (“Index”) return was 2.50% bringing the year to date (“YTD”) return to 9.94%. The CAM High Yield Composite gross total return for the second quarter was 3.59% bringing the YTD return to 11.07%. The S&P 500 stock index return was 4.30% [...]
READ POST
09
Apr
2019
2019 Q1 High Yield Quarterly
In the first quarter of 2019, the Bloomberg Barclays US Corporate High Yield Index (“Index”) return was 7.26%, and the CAM High Yield Composite gross total return was 7.22%. The S&P 500 stock index return was 13.65% (including dividends reinvested) for Q1. The 10 year US Treasury rate (“10 year”) spent most of quarter between [...]
READ POST
29
Jan
2019
2018 Q4 High Yield Quarterly
In the fourth quarter of 2018, the Bloomberg Barclays US Corporate High Yield Index (“Index”) return was -4.53%, and the CAM High Yield Composite gross total return was -3.41%. For the year, the Index returned -2.08%, and the CAM Composite returned -3.39%. The S&P 500 stock index return was -4.39% (including dividends reinvested) for 2018. [...]
READ POST
19
Oct
2018
2018 Q3 High Yield Commentary
In the third quarter of 2018, the Bloomberg Barclays US Corporate High Yield Index (“Index”) return was 2.40%. For the year, the Index return was 2.57%. The 10 year US Treasury rate (“10 year”) was mostly range bound during the quarter oscillating between 2.8% and 3.0%. However, around mid-September, the 10 year started moving higher [...]
READ POST
24
Jul
2018
Q2 2018 High Yield Commentary
In the second quarter of 2018, the Bloomberg Barclays US Corporate High Yield Index (“Index”) return was 1.03%. For the year, the Index return was 0.16%. While Treasury rates have generally increased throughout 2018, High Yield is one of the best performing asset classes within fixed income. As seen last year and also during Q1, [...]
READ POST
09
Apr
2018
Q1 2018 High Yield Commentary
During the first quarter of 2018, the High Yield Market gave back a modest amount of the gains seen in 2016 & 2017. The first quarter return of the Bloomberg Barclays US Corporate High Yield Index (“Index”) return was ‐0.86%. While the total return was negative, the return still bested most of the other asset […]
30
Jan
2018
Q4 2017 High Yield Commentary
During the fourth quarter of 2017, albeit at a slower pace, the High Yield Market continued the positive return trend of the first three quarters. The Bloomberg Barclays US Corporate High Yield Index return was 0.47% for the fourth quarter. For the year, the Index returned 7.50% which leads many asset classes in the fixed […]