What do junk bonds yield today? The table below lists the yield of the Merrill Lynch junk bond index (High-Yield index), as well as the latest SEC yield on some of the top junk bond (high-yield) dedicated funds.
A note of caution when you are looking at yields on junk bond funds; Like all SEC yields, these yields are based on the last 30-days of income generated by the fund. They are not directly comparable to the yields on the Merrill Lynch junk bond indices.
|Junk Bond Fund Description||Symbol||Yield as of 8/31/2019||Yield as of 9/30/2019|
|Merrill Lynch U.S. High-Yield Index||n.a.||5.81%||5.87%|
|Vanguard High-Yield Corporate||VWEHX||4.72%||4.64%|
|Fidelity High Income||SPHIX||4.83%||4.83%|
|T. Rowe Price High-Yield||PRHYX||4.78%||4.51%|
|American High-Income Trust||AHITX||5.51%||5.34%|
|Pimco High Yield||PHDAX||4.33%||4.00%|
|BlackRock High Yield||BHYAX||5.11%||n.a.%|
|iShares iBoxx $ High Yield Corporate Bond ETF||HYG||4.97%||4.83%|
|SPDR Bloomberg Barclay’s High Yield Bond ETF||JNK||5.28%||5.16%|