000			03564nam a2200457 i 4500
001			EBC4391571
003			MiAaPQ
005			20240123161239.0
006			m o d |
007			cr cnu||||||||
008			151203s2016 njuad o 001 0 eng|d
020			_z9781119134411 (hardback)
020			_z9781119236955
020			_a9781119134428 _q(electronic bk.)
035			_a(MiAaPQ)EBC4391571
035			_a(Au-PeEL)EBL4391571
035			_a(CaPaEBR)ebr11172138
035			_a(CaONFJC)MIL888547
035			_a(OCoLC)931227000
040			_aMiAaPQ _beng _erda _epn _cMiAaPQ _dMiAaPQ
050		4	_aHG4651 _b.B294 2016
082	0		_a332.63/23 _223
100	1		_aBagaria, Rajay, _d1977- _eauthor.
245	1	0	_aHigh yield debt : _ban insider's guide to the marketplace / _cRajay Bagaria.
264		1	_aHoboken : _bWiley, _c2016.
300			_a1 online resource (174 pages) : _billustrations (some color)
336			_atext _2rdacontent
337			_acomputer _2rdamedia
338			_aonline resource _2rdacarrier
500			_aIncludes index.
520			_a"Examine the high yield market for a clear understanding of this evolving asset class High Yield Debt is the one-stop resource for wealth advisors seeking an in-depth understanding of this misunderstood asset class. The high yield market provides a diverse opportunity set, including fixed and floating rate debt, high and low quality debt issues and both short- and long-term duration; but many fail to understand that not all high yield exposure is the same, and that different market segments and strategies work best at different points in the economic cycle. This guide addresses the confusion surrounding high yield debt. You'll find the information you need to decide whether or not to buy in to a high yield fund, and how to evaluate the opportunities and risks without getting lost in the jargon. The U.S. corporate high yield market is worth $2.4 trillion--more than the stock markets of most developed countries. Market growth has increased the number of funds with high yield exposure, as well as the types of debt products available for investment. This book breaks it down into concrete terms, providing the answers advisors need to effectively evaluate the opportunities on offer. Understand the high yield asset class Learn the debt structures, performance and defaults Evaluate risk and investment opportunities Penetrate the jargon to make sense of high yield investment Over 300 publicly traded funds provide exposure to U.S. high yield, but despite it's size and ubiquity, understanding of the asset class as a whole remains somewhat of a rarity--even among participants. A lack of transparency is partially to blame, but the market's evolution over the past fifteen years is the larger issue. High Yield Debt explains the modern high yield market in real terms, providing a much-needed resource for the savvy investor"-- _cProvided by publisher.
588			_aDescription based on print version record.
590			_aElectronic reproduction. Ann Arbor, MI : ProQuest, 2016. Available via World Wide Web. Access may be limited to ProQuest affiliated libraries.
650		0	_aJunk bonds.
650		0	_aCapital market.
650		0	_aBusiness cycles.
655		4	_aElectronic books.
776	0	8	_iPrint version: _aBagaria, Rajay. _tHigh yield debt : an insider's guide to the marketplace. _dHoboken : Wiley, 2016 _z9781119236955
797	2		_aProQuest (Firm)
856	4	0	_uhttps://ebookcentral.proquest.com/lib/bacm-ebooks/detail.action?docID=4391571 _zClick to View
999			_c246902 _d246902