This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

New Bond Fund for Investors Hungry for Yield

The fund is actively managed by GSO/Blackstone Debt Funds Management LLC. The fund managers can monitor the fund's holdings from the bottom up to catch meaningful credit deterioration of any company in the fund and can monitor the broad market from the top down for any macro changes. That may be an advantage over an index fund such as the iShares iBoxx Investment Grade Corporate Bond ETF (LQD)which invest heaviest in companies that issue the most debt.


While it is still too early to know what SRLN will yield, the passively managed PowerShares Senior Loan Portfolio (BKLN)reports a distribution yield of 4.56%. As is the case with all ETFs, the amount of future dividend payments is uncertain.

There is of course no guarantee that active management will be a difference maker in performance or yield, only the opportunity for a difference.

At the time of publication, the author had no position in any of the holdings mentioned.

This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.

2 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG
SRLN $49.47 0.00%
AAPL $126.55 -1.70%
FB $77.62 -1.50%
GOOG $533.06 -1.40%
TSLA $230.78 0.12%

Markets

DOW 17,974.38 -96.02 -0.53%
S&P 500 2,093.18 -21.31 -1.01%
NASDAQ 4,940.8380 -76.0910 -1.52%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs