ETFS

[embedded content] The 10 year Treasury is at 1.47%. The 30 year Treasury bond is at an all time low yield of 1.92%. Just deal with it. Get over it. There ain’t no yield in sight, and none is likely to show up anytime soon. The Fixed-Income markets have been flummoxed by the world’s central
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For the third week in row, investors were overall net purchasers of fund assets (including those of conventional funds and ETFs), injecting $13.9 billion for Lipper’s fund-flows week ended February 19, 2020. Fund investors were net purchasers of taxable fixed income funds (+$7.9 billion), money market funds (+$6.3 billion), and municipal bond funds (+$1.8 billion),
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A loyal follower on Seeking Alpha reached out to me about researching a fascinating fixed-income mutual fund. I have to be honest here and disclose my discomfort for closed-end funds that RNSIX owns. Due to CEF premiums and discounts to net asset value, it can be hard for retail investors to understand why these funds
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For the sixth week in seven, investors were overall net purchasers of fund assets (including those of conventional funds and ETFs), injecting $3.9 billion for Lipper’s fund flows week ended February 5, 2020. Fund investors were net purchasers of taxable fixed-income funds (+$7.0 billion), equity funds (+$3.4 billion), and municipal bond funds (+$1.6 billion), but
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At the start of January, PIMCO succumbed to the inevitable and cut distributions on a number of municipal closed-end funds. The move was emblematic in our view of a difficult market environment of low yields, flat curves, tight credit spreads, and higher cost of leverage than existed for most of the post-crisis period. In this
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Over the last week, the price of the ProShares Short VIX Short-Term Futures ETF (SVXY) has taken a bit of a clobbering in line with a surge of volatility in global markets. At present, the coronavirus in China appears to be driving much of the market volatility; however, I believe that this volatility is poised
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With the 30-Year Treasury rate flirting with lower-yields, investors should prepare their bond portfolio for a sudden all-new high in Treasury prices. As stock markets hit highs, bond market investors continue to believe that yields will head lower. Bond yields are taking their cue from the recent coronavirus risks, an accommodating Federal Reserve, and a
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Instrument The Teucrium Soybean Fund (SOYB) provides investors unleveraged direct exposure to soybeans without the need for a futures account. Therefore, the decision to invest in this fund should be made after analyzing the soybean market. Seasonality The current soybean futures price is well below the three-year low: Considering the five-year range, the price corresponds
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Investment thesis Welcome to Orchid’s Gold Weekly report. We discuss gold prices through the lenses of the GraniteShares Gold Trust ETF (BAR). BAR has enjoyed stronger-than-expected upward pressure over the past week, which is essentially due to growing investor fears over the outbreak of the Coronavirus. While the net spec length in Comex gold is
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This article was originally published a month ago. The discount valuation of the fund has become somewhat less attractive since then, though value still remains in our view. Lower yields, distribution cuts and tight discounts make for a difficult CEF investing environment. In this article, we take a look at the Wells Fargo Advantage Income
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Billionaire and hedge fund manager Ray Dalio of Bridgewater Associates said during a CNBC interview on Tuesday in Davos, Switzerland, that investors should be buying this market rather than seeking safety in cash. Cash is trash, said the billionaire hedge-fund legend, who founded Bridgewater in 1975. This simple yet powerful statement sums up the current
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Getting a discount through the option market. Climate change is most certainly not being denied by investors in the Invesco Wilderhill Clean Energy ETF (NYSEARCA:PBW), a diverse mix of wind, geothermal, solar and biofuels company stocks that’s been around for 15 years. PBW investors have embraced alternative energy in big way over the past 12
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Chemist’s “Quality” Closed-End Fund Report Quantitative screens help to rapidly narrow down attractive candidates from the database of 500-plus closed-end funds for further due diligence and investigation. Based on feedback from members, it seems that a very many number of investors, understandably, place a great emphasis on coverage and return of capital. While I’m not
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