The longest available series for high-yield bond returns is the Merrill Lynch 100 High Yield Index.
The JPMorgan Domestic High Yield Index is an index composed of non-investment-grade corporate bonds.
Just 18.7% of the issues within the high yield index are rated CCC, the most default-prone category.
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The average return on Barclays High Yield Index has slipped to historic lows.
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The high yield index certainly yields less in nominal terms than it did around the last two recessions in 2011and late-2007 to mid-2009.
Since its inception in 1998, the fund's investor share class has returned a compound 5.7%, versus 5.9% for its benchmark, Lehman Brothers' U.S. Corporate High-Yield Index.
At the beginning of 2004, the real yield of the high yield index stood at 5.20%, only slightly higher than the May 2011 level of 4.78%.
Emerging market and investment grade bonds have sold off in the last few days, and the dollar high-yield index has plateaued, but European high-yield has remained on course, edging higher.
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Consider that the double-B subset of the Barclays High-Yield Index, at 4.33% on Tuesday, is nearly a full percentage point lower than where it stood at the beginning of September and is down roughly 175 bps from levels a year ago.
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High-Yield Municipal Index shares are currently trading down about 0.9% on the day.
The return on high-yield bonds according to the Merrill Lynch High Yield Bond Index is the highest it has ever been, at 7%, up 2.9% year-to-date.
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The chart from The Wall Street Journal shows the dramatic rise of the Barclays US Corporate High Yield Bond Index in 2012, and the further gains in early 2013.
During May, the yield on the Merrill Lynch High Yield Master II Index jumped from 8.29% to 9.29%.
The dividend yield on the index (dividends divided by the stock price) is just 2.1% a fraction of historic averages, and barely enough to keep pace with current, subdued inflation.
If you compare the yield on conventional bonds with the yield on the index-linked Treasury bond that matures in 2028, the result is an implied inflation rate of 2.4%.
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The Merrill Lynch High Yield Master II Bond Index ended the third quarter down 1.69%, the fourth worst quarterly performance since September 1986.
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The SPDR Barclays Capital Mortgage Backed Bond ETF ( MBG) seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of an index that tracks the U.S. agency mortgage pass-through sector of the U.S. investment grade bond market.
The yield on a closely watched index of 30-year triple-A rated, tax-exempt municipal securities climbed 0.12 percentage point higher to close at 4.48% Tuesday, according to Municipal Market Data.
The underlying Alerian Natural Gas MLP Index has a current yield of 6.56%.
The Vanguard Total Bond Market Index Fund has a yield to maturity of 1.6%, scarcely enough to keep up with inflation.
The average yield to maturity from the HE00 index has compressed to 9.49%, from the wide of 11.97% at the end of November.
The Powershares DB US Dollar Index Bullish Fund ( UUP) is designed to track the price and yield performance of the Deutsche Bank long US dollar futures index.
In that light, a negative yield of 0.55% on index-linked bonds seems a good investment.
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This is far above the 3.32% yield for the Dow Jones Corporate Bond Index.
This year, an index of Asian high- yield corporate debt from J.
That compares with the 2.66% yield of the Barclays Global Treasury Universal index, a composite of treasury markets across the world with heavier weightings for larger countries.
The lower average rating and longer maturity range of the Vanguard index give the fund a higher yield, risk and volatility.
Two popular funds are the Dow Jones Select Dividend Index (amex: DVY - news - people ), with a 2.95% yield, and the PowerShares Dividend Achievers 50 Index (amex: PEY - news - people ), with a 2.94% yield.
The WisdomTree Japan Total Dividend Index ( DXJ) has a current yield of 1.85%, trades an average of 176, 000 per day, and has an expense ratio of 0.48%.
Of the 31 retail sector REITs (in the FTSE NAREIT Index), the overall average dividend yield is 3.1 percent and the combined retail sector market capitalization is 135.35 billion or around 26 percent of the overall capitalization of the FTSE NAREIT All Equity REIT Index.
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