PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (HYS)
This 7% Yielding ETF Keeps You Out Of Market Volatility
Long-duration bond funds got brutalized when the 10-year Treasury yield spiked above 4.5% last year, and even high-yield credit funds gave back gains every time the VIX poked above 25.
HYS Delivers 10% Returns While Monthly Payments Hold Steady Through April 2026
PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) has delivered a 10% total return over the past year, combining monthly income distributions with modest price appreciation.
What Should Retirees Do With Pimco’s 7% Yield Bond ETF?
When bond yields were near zero a few years ago, retirees hunting for income had to venture into riskier territory. Now that high-yield bonds are delivering around 7% while rates remain elevated, the question shifts: is this the right kind of risk for someone living off their portfolio? Built for Income With a Safety Net... What Should Retirees Do With Pimco's 7% Yield Bond ETF?.
Don't Overcomplicate It, 3 High Yield ETFS To Buy And Never Sell
The Federal Reserve cut rates again on Dec.
HYS: Junk Bond ETF With High Fees And Average Result
PIMCO 0-5 Year High Yield Corporate Bond Index ETF offers a 7% yield from short-maturity junk bonds. HYS has slightly outperformed the benchmark HYG since inception, but shows moderate decay in value and inflation-adjusted income. Several high yield bond ETFs appear more compelling than HYS, notably FALN, HYDB, and SHYG.
HYS: Beating The Benchmark, Yet Uncompelling
HYS is a junk bond ETF focusing on shorter maturity to mitigate risks. HYS is well-diversified across issuers and has outperformed the benchmark HYG since its inception. HYDB looks superior to HYS among risk-mitigating junk bond ETFs, with better risk-adjusted performance and lower fees.
HYS: Beware Rate Cutting Cycles
The PIMCO 0-5 Year High Yield Corporate Bond Index ETF gives investors exposure to short-duration high-yield bonds. While HYS may benefit initially from the Fed's rate cuts, historical trends show high-yield bonds underperform during recessions and economic slowdowns. Investors should high grade portfolios now, by considering investment-grade bonds and CLOs.
HYS Vs. HYG: Little To Differentiate These HY Corporate ETFs
The iShares iBoxx $ High Yield Corporate Bond ETF is the largest "junk bond" ETF. The PIMCO 0-5 Year High Yield Corporate Bond Index ETF has better return data but seems to have a higher risk portfolio. Both ETFs are reviewed in depth and then compared. My conclusion: it is a toss-up as to which is the better ETF to hold short-term and/or long-term.
HYS: Expensive Short-Term High-Yield Corporate Bond ETF, Few Reasons To Buy
A reader asked for my thoughts on HYS, a short-term high-yield corporate bond index ETF. HYS provides investors with a good, growing 6.0% dividend yield. It is also quite expensive, with a 0.55% expense ratio. An overview of the fund, and its advantages and disadvantages relative to peers, follows.
HYS: The Junkiest Of Junk Bond ETFs
PIMCO 0-5 Year High Yield Corporate Bond Index ETF offers exposure to short-term high-yield corporate bonds, with a 30-day SEC yield of about 7.7%. HYS is considered extremely risky due to its holdings in junk bonds and over 22% of not rated bonds. The ETF is not well-positioned to ride out a potential recession due to its high risk and short-term focus.
U.S. Weekly FundFlows Insight Report: Money Market Funds Record Fourth Straight Week Of Outflows As Large-Cap ETFs Attract $9.8 Billion
During Refinitiv Lipper's fund-flows week ended June 30, 2021, investors were overall net redeemers of fund assets (including both conventional funds and ETFs) for the third week in a row, withdrawing $3.3 billion. Exchange-traded fixed income funds attracted $7.6 billion—the macro-group's eighth straight week of positive flows and its ninth largest inflow to date.
There's an Historic Shift Going On at the Fed
On Wednesday, the U.S. Federal Reserve concluded their two day March meeting. Despite a new Summary of Economic Projections (which includes the infamous "dot plot") as well as a press conference by the Chair, we learned little out of this meeting that the Fed hadn't previously communicated. The Fed is quietly making a major shift in their approach to monetary policy.
Bonds Yields Boosted by New U.S.-Canada NAFTA Agreement
U.S. Treasury bond yields got a boost from the United States and Canada agreeing to a deal that would effectively rework the North American Free Trade Agreement and avert a trade war between the two economic ...
Trump Offered Italy Assistance with Debt Crisis
During a meeting with Italian prime minister Giuseppe Conte last month, US President Donald Trump purportedly offered Italy assistance in buying the country’s sovereign bonds next year in the face of the country's distressed financial health, which could have ripple effect implications to the rest of the Eurozone. "We have to see how the government does its fiscal numbers," said Holger Schmieding, chief economist at investment firm Berenberg. "If they don't add up by the end of September, things could indeed get somewhat rough for Italy.
A Solid Yield, Lower Rate Risk With ‘HYS’ ETF
Although interest rates are rising, investors can remain engage with high-yield corporate bond exchange traded funds by opting for lower duration fare, including the PIMCO 0-5 Year High Yield Corporate Bond (HYS) . HYS tracks the BofA Merrill Lynch 0-5 Year US High Yield Constrained Index and “is designed to capture, before fees and expenses, continuous exposure to the short maturity segment of the high yield corporate bond sector,” according to PIMCO.
Treasury Yields Decline on Latest New Home Sales Data
The latest news regarding new home sales falling to an eight-month low in June spilled over into the government debt space as the benchmark Treasury yields ticked lower on Wednesday. The yield on the benchmark ...
A PIMCO ETF With Income, Lower Rate Risk
The PIMCO 0-5 Year High Yield Corporate Bond (NYSEArca: HYS) is one of several ETFs designed to reduce interest rate risk while helping investors derive the income benefits of high-yield corporate bonds. ...