There isn’t any way around it, the lion’s share of investors these days are more interested in yield than growth. Demographics play a large role as boomers retire and a respectable return from most conventional and safe choices doesn’t exist due to the Fed’s ZIRP policies.
We’ve covered a variety of choices previously whether from dividend issues and/or bonds. Given the conventional High Yield or Junk Bond sectors there are a handful of choices with most tied to similar high yield indexes meaning there’s little to choose from.
There are other choices in the High Yield bond category from PIMCO and today’s featured active managed ETF, Advisor Shares Peritus High Yield Bond ETF (HYLD). The active high yield market is growing and is nearing $3 trillion. The current asset size of HYLD is relatively small allowing them to move quickly to spot opportunities bigger funds can’t take advantage of.Read more
ETN in Focus: iPath Coffee ETN (JO) has been rising on and off (mostly "on") due to drought in Brazil and weakened crops due to infestation.
ETF in Focus: Consumer Discretionary Select Sector SPDR Fund (XLY) may look a little toppy given today's Retail Sales data was quite weak regardless of other spin.
ETF in Focus: Vanguard FTSE Europe ETF (VGK) after receiving large cash dividend to end the second quarter is showing profit-taking as German and UK economic data weaken.