Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Here's What Bonds Yielding Over 37% Do To An ETF

Benzinga.com
0 Comments| August 27, 2015

{{labelSign}}  Favorites
{{errorMessage}}

Seasoned emerging markets investors (and sadists for that matter) might get a kick out of wondering what a dedicated, equity-based Venezuela exchange traded might look like as the South American nation is ravaged by hyperinflation and a tumbling bolivar.

Fixed income investors do not have to wonder how Venezuela's jaw-dropping sovereign debt yields affect bond ETFs because some bond funds trading in the United States have exposure to the country's sagging debt. On Wednesday, Venezuelan one-year notes closed with a yield of over 66.5 percent, according to Investing.com data.

The $223.7 million iShares Emerging Markets High Yield Bond ETF (BATS: EMHY) has a 5.8 percent weight to Venezuelan bonds, making the country the ETF's fifth-largest geographic weight. EMHY allocates a combined 68.5 percent of its weight to bonds with maturities ranging from five to ...

/www.benzinga.com/trading-ideas/long-ideas/15/08/5795358/heres-what-bonds-yielding-over-37-do-to-an-etf alt=Here's What Bonds Yielding Over 37% Do To An ETF>Full story available on Benzinga.com

Click to enlargeMore...

Tags:

{{labelSign}}  Favorites
{{errorMessage}}

Get the latest news and updates from Stockhouse on social media

Follow STOCKHOUSE Today

Featured Company