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Credit investing glossary

Total return

Total return refers to the gains from income and appreciation over a specified period. In the context of bond market instruments, this includes coupon interest, interest on interest and price appreciation (or depreciation).

Consistently at the forefront of credit management
Consistently at the forefront of credit management
Credit investing
70 years of evidence on our dynamic duration model
70 years of evidence on our dynamic duration model
Using a new, deep historical dataset, we show that our duration model works well over seven decades.
02-03-2021 | Insight
European utilities on the cusp of a decade-long investment opportunity
European utilities on the cusp of a decade-long investment opportunity
These companies have the unique prospect of tackling climate change and continuing to lead the global energy transition.
03-02-2021 | Insight
 High yield indices don’t make good benchmarks
High yield indices don’t make good benchmarks
Certain features that are typical of high yield corporate bonds impose costs on high yield portfolios.
26-01-2021 | Insight