vaneck

VanEck

VanEck offers investors intelligently designed investment strategies that take advantage of targeted market opportunities. Recognized for being a pioneer in global markets and for drawing on our experience to offer innovative solutions, we seek to provide long-term superior performance in all our offerings.

For more, see http://marketrealist.com/expert/vaneck/.

Disclosure: Please note that Van Eck Securities Corporation offers investment products that invest in the asset class(es) in this article. <br />

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Investing involves substantial risk and high volatility, including possible loss of principal. Bonds and bond funds will decrease in value as interest rates rise. An investor should consider the investment objective, risks, charges and expenses of the Fund carefully before investing. To obtain a prospectus and summary prospectus, which contains this and other information, call 800.826.2333 or visit vaneck.com. Please read the prospectus and summary prospectus carefully before investing.<br />

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The content Market Realist publishes should not be construed as investment advice, nor do the opinions expressed necessarily reflect the views of VanEck.<br />

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Data from third party sources are deemed to be accurate, however they have not been independently verified, validated, or audited by VanEck.<br />

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Please see below for additional disclosures for the Series &quot;How You Can Prosper from Fallen Angel Bonds&quot;, published July 12, 2016:<br />

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Indexes are unmanaged and do not reflect the payment of transaction costs, advisory fees, or expenses that are associated with an investment in any underlying exchange-traded funds. Index performance is not illustrative of fund performance. Fund performance current to the most recent month end is available by visiting vaneck.com. Historical performance is not indicative of future results; current data may differ from data quoted. Indexes are unmanaged and are not securities in which an investment can be made.<br />

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BofA Merrill Lynch US Fallen Angel High Yield Index (H0FA) is a subset of the BofA Merrill Lynch US High Yield Index (H0A0), including securities that were rated investment grade at time of issuance.<br />

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BofA Merrill Lynch US High Yield Index (H0A0) is comprised of below-investment grade corporate bonds (based on an average of Moody’s, S&amp;P, and Fitch) denominated in U.S. dollars. The country of risk of qualifying issuers must be an FX-G10 member, a Western European nation, or a territory of the U.S. or a Western European nation.<br />

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Barclays US High Yield Very Liquid Index is the market of USD-denominated, non-investment grade, fixed-rate, taxable corporate bonds. Qualifying issues must have been issued within the past three years, have a USD 600 million minimum amount outstanding and include only the largest issue from each issuer.<br />

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Morningstar High-Yield Bond average category is comprised of open-end mutual funds with an investment objective to seek returns via significant exposure to low quality bonds; those that are either unrated or rated by a major agency as BB or lower.<br />

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BofA Merrill Lynch US Original Issue High Yield (H0HY) is a subset of the BofA Merrill Lynch US High Yield Index, including securities that were not rated investment grade at the time of issuance. <br />

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The Barclays US Aggregate Bond Index is a broad-based flagship benchmark that measures the investment grade, US dollar-denominated, fixed-rate taxable bond market. The index includes Treasuries, government-related and corporate securities, MBS (agency fixed-rate and hybrid ARM pass-throughs), ABS and CMBS (agency and non-agency).<br />

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The S&amp;P 500 is widely regarded as the best single gauge of large-cap US equities. The index includes 500 leading companies and captures approximately 80% coverage of available market capitalization.<br />

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Merrill Lynch, Pierce, Fenner &amp; Smith Incorporated and its affiliates (“BofA Merrill Lynch”), indices, and related information, the name “BofA Merrill Lynch,” and related trademarks, are intellectual property licensed from BofA Merrill Lynch, and may not be copied, used, or distributed without BofA Merrill Lynch’s prior written approval. The licensee’s products have not been passed on as to their legality or suitability, and are not regulated, issued, endorsed, sold, guaranteed, or promoted by BofA Merrill Lynch. BOFA MERRILL LYNCH MAKES NO WARRANTIES AND BEARS NO LIABILITY WITH RESPECT TO THE INDICES, ANY RELATED INFORMATION, ITS TRADEMARKS, OR THE PRODUCT(S) (INCLUDING WITHOUT LIMITATION, THEIR QUALITY, ACCURACY, SUITABILITY, AND/OR COMPLETENESS). <br />

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Fund shares are not individually redeemable and will be issued and redeemed at their NAV only through certain authorized broker-dealers in large, specified blocks of shares called “creation units” and otherwise can be bought and sold only through exchange trading. Creation units are issued and redeemed principally in kind. Shares may trade at a premium or discount to their NAV in the secondary market. <br />

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An investment in the Fund may be subject to risk which include, among others, credit risk, call risk, and interest rate risk, all of which may adversely affect the Fund. High yield bonds may be subject to greater risk of loss of income and principal and are likely to be more sensitive to adverse economic changes than higher rated securities. International investing involves additional risks which include greater market volatility, the availability of less reliable financial information, higher transactional and custody costs, taxation by foreign governments, decreased market liquidity and political instability. The Fund&#039;s assets may be concentrated in a particular sector and may be subject to more risk than investments in a diverse group of sectors.<br />

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Investing involves substantial risk and high volatility, including possible loss of principal. Bonds and bond funds will generally decrease in value as interest rates rise. An investor should consider the investment objective, risks, charges and expenses of the Fund carefully before investing. To obtain a prospectus and summary prospectus, which contain this and other information, call 888.826.2333 or visit vaneck.com/etfs. Please read the prospectus and summary prospectus carefully before investing.

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    The IT sector was the most underweighted sector in the Morningstar Wide Moat Index last year. The sector reported a loss of 3.08% in 2018.

    By VanEck
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    Real Insights

    What Did 2018 Bring for Moat Stocks?

    Moat companies (MOAT) (FB) (INTC) or moat stocks are companies that have an advantage over their competitors in the industry.

    By VanEck
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    Real Insights

    How Did PG&E Land among the ‘Fallen Angels?’

    One such situation occurred this month as a direct result of the very tragic wildfires that struck California over the last two years.

    By VanEck
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    Real Insights

    Will We See More ‘Fallen Angels’ in 2019?

    The cautionary advice to “expect the unexpected” makes a lot of sense for investors—at least in the sense that we should all learn to manage our own expectations by realizing there are outcomes we may not have anticipated.

    By VanEck
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    Real Insights

    What’s Expected for Commodities This Year

    Oil prices and many other commodities surged for most of last year.

    By VanEck
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    Real Insights

    How VanEck’s Guided Allocation Could Help

    VanEck’s Guided Allocation ETFs are set up to protect your portfolio when stock markets decline and offer exposure to gains during an upturn.

    By VanEck
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    Real Insights

    How Risky Assets Have Behaved Lately

    Spreads narrow when the economy improves and there is a lower chance of a default, causing junk bond prices to rise and yields to fall.

    By VanEck
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    Real Insights

    Is It Time to Get Excited about Gold?

    Without a second half catalyst, gold will probably drift sideways, falling below the lower trend line and further eroding confidence in the metal.

    By VanEck
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    Real Insights

    Why H1 2018 Should Be Interesting for the Gold Market

    he second half of 2018 should be very interesting for the gold market. The chart shows the gold price has formed a wedge or pennant pattern that has been in place for several years.

    By VanEck
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    Real Insights

    Why Gold Gold Stayed Resilient in May

    Gold remained resilient in May, as the U.S. dollar strengthened considerably. The U.S. Dollar Index (DXY)1 gained 2.4% and closed the month at its highs for the year.

    By VanEck
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    Macroeconomic Analysis

    Why Emerging Market Stocks and Bonds Appear Attractive

    But let’s think about maybe more actionable items in terms of growth, because it’s clear that at least there are now some signs on growth inflection, maybe not globally, but at least in some parts of the world.

    By VanEck
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    Real Insights

    Why European Stocks Could Continue to Underperform

    VanEck GURUSHINA: Since you mentioned the recession, I think when we talk about global growth, there is something else interesting happening right now. Mainly it looks like there is a discrepancy, rising discrepancy between growth outlook in the U.S. and Europe. From your point of view, what does it mean for investment opportunities? VAN ECK: […]

    By VanEck
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    Macroeconomic Analysis

    Why the Flat Yield Curve Doesn’t Suggest an Impending Recession

    Number two, the higher fiscal deficit picture because of the tax law, so that has raised this issue. It projects into 2019 as well.

    By VanEck
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    Miscellaneous

    Why Commodities Have Outperformed Other Assets in 2018

    With global rates normalizing, geopolitics still posing major risks, and with one of the longest bull runs in U.S. stocks apparently stalling, 2018 might be a year of paradigm shift.

    By VanEck
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    Real Insights

    2018 Fixed Income Outlook: Why Munis Are Getting Attention

    2017 was a good year for both the stock market (SPY) as well as the debt market.

    By VanEck
  • uploads/// VanEck
    Real Insights

    Taking on Exposure to Real Assets

    Capital is allocated amongst assets on which the model is bullish on using an optimization process designed to maximize our diversification and minimize our volatility.

    By VanEck
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    Real Insights

    RAAX Fund Uses Rules-based Approach for Optimum Allocation

    VanEck The VanEck Vectors Real Asset Allocation ETF (RAAX) uses a data-driven, rules-based process that leverages over 50 indicators (technical, macroeconomic and fundamental, commodity price, and sentiment) to allocate across 12 individual real asset segments in five broad real asset sectors. These objective indicators identify the segments with positive expected returns. Then, using correlation and […]

    By VanEck
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    Real Insights

    A Look at Business Development Companies as an Asset Class

    A third consideration that combines the credit exposure with floating rate exposure is business development companies.

    By VanEck
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    Real Insights

    Why Emerging Market Debt Is an Interesting Choice Right Now

    Are there any other strategies that investors might want to consider in this environment?

    By VanEck
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    Real Insights

    Investors’ Fixed Income Barbell Choices

    You have laid out a good case to consider both emerging markets local currency bonds as well as floating rate investment grade debt.

    By VanEck
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