HYLD ETF Offers High Yield Junk Bond Returns

Every New York stock exchange trading day I'm posting a daily dividend stock or fund review. I'll share the three chief qualities of just one equity or fund that could be selected for a dividend stock portfolio I've named the Safari to Sweet Success.

This week my Safari portfolio has an opening for a company in the financial services sector.

That sector includes nineteen industries all related to managing money. Industries include: asset management; banks either global or from any of seven regions, capital markets, credit services, financial exchanges, insurance in six specializations, savings banks, and specialty finance.

Today I'm reviewing a high-yield bond exchange-traded fund named AdvisorShares Peritus High Yield ETF, its trading ticker symbol is HYLD

HYLD seeks to provide a high, tangible current income stream that is distributed monthly.

The High Yield Bond category represents portfolios primarily invested in U.S. high-income debt securities.

I use three primary keys to measure dividend equities or funds like AdvisorShares Peritus High Yield ETF (HYLD): 

(1) Price

(2) Dividends

(3) Returns

HYLD Price

HYLD's price at yesterday's market close was $36.39 per share. Which is $6.39 over the $30 limit set for my Safari portfolio. The fund has provided income for investors but not price appreciation. A year ago its price was $36.40. Meaning it's down one cent in price in the past year.

HYLD Dividends

HYLD's most recent monthly distribution was $0.19 per share paid out January 31st.  

The annual dividend for 2018 is estimated at $2.68 per share payable monthly at a variable rate ranging from $0.19 to $0.23 per month.

The yield from that $2.68 annual distribution would be 7.4% at Monday's $36.39 price.

Gains For HYLD?

Taking the $2.63 estimated distribution as the total gain for the coming year, we then must subtract the cost to trade AdvisorShares Peritus High Yield ETF (HYLD) shares. 

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Disclaimer:  This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a ...

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