Bloomberg barclays fixed income abs indices
Anchoring: Anchoring refers to the behavioral tendency to make estimates with a biased relationship toward an initial reference value. Dovish: Dovish refers to the views of a policy advisor for example, at the Bank of England that are positive on inflation and its economic impact, and thus tends to favor lower interest rates. The shorter the duration of a bond, the less its price will potentially change as interest rates go up or down; conversely, the longer the duration of a bond, the more its price will potentially change. Federal-funds rate: The federal-funds rate is the interest rate at which a depository institution lends immediately-available funds balances at the Federal Reserve to another depository institution overnight in the U. Liquidity preference: Liquidity preference refers to the behavioral tendency to seek investments that can be bought or sold with relative ease and with minimal price impact. Mean reversion: Mean reversion refers to the theory that prices and returns eventually move back towards their historical average.
Bloomberg Fixed Income Indices
Anchoring: Anchoring refers to the behavioral tendency to make estimates with a biased relationship toward an initial reference value. Dovish: Dovish refers to the views of a policy advisor for example, at the Bank of England that are positive on inflation and its economic impact, and thus tends to favor lower interest rates. The shorter the duration of a bond, the less its price will potentially change as interest rates go up or down; conversely, the longer the duration of a bond, the more its price will potentially change.
Federal-funds rate: The federal-funds rate is the interest rate at which a depository institution lends immediately-available funds balances at the Federal Reserve to another depository institution overnight in the U. Liquidity preference: Liquidity preference refers to the behavioral tendency to seek investments that can be bought or sold with relative ease and with minimal price impact.
Mean reversion: Mean reversion refers to the theory that prices and returns eventually move back towards their historical average. Momentum: Momentum securities are those whose prices are expected to keep moving in the same direction either up or down and are not likely to change direction in the short-term. Quantitative easing: Quantitative easing refers to expansionary efforts by central banks to help increase the supply of money in the economy. Stability: Stability securities exhibit lower risk and higher quality, and can benefit from the power of long-term compounding as a result of the investors tendency to misprice lower risk.
Value Risk Premium : Value stocks are those that are considered to be cheap and are trading for less than they are worth. Yield curve: The yield curve represents differences in yields across a range of maturities of bonds of the same issuer or credit rating likelihood of default. A steeper yield curve represents a greater difference between the yields. A flatter yield curve indicates that the yields are closer together.
The Bloomberg Barclays Year U. Treasury that have a remaining maturity of 1 to 10 years. The Bloomberg Barclays U. All securities have an average life of at least one year. The Bloomberg Barclays Year Quality Intermediate Municipal Blend Index consists of tax-exempt general obligation, revenue and private-activity bonds and notes, which are issued by or on behalf of states, territories or possessions of the U.
Treasury that have a remaining maturity of one to five years. The Bloomberg Barclays Capital Global Aggregate Bond Index is an unmanaged market-capitalization-weighted benchmark and tracks the performance of investment-grade fixed-income securities denominated in 13 currencies. The index reflects reinvestment of all distributions and changes in market prices.
The Bloomberg Barclays Global Aggregate Bond Index formerly Lehman Brothers Global Aggregate Index , an unmanaged market capitalization-weighted benchmark, tracks the performance of investment-grade fixed-income securities denominated in 13 currencies. The Index reflects reinvestment of all distributions and changes in market prices. The Bloomberg Barclays Global Aggregate ex-Treasury Index is an unmanaged market index representative of the total-return performance of ex-Treasury major world bond markets.
Treasury, agency, investment-grade corporate, and investment-grade international dollar-denominated bonds with maturities longer than 10 years. The average maturity is approximately 20 years.
Corporate issues are not eligible. Treasury Month Index measures the performance of U. Treasury securities that have a remaining maturity between one and twelve months. The Bloomberg Barclays Capital U. Aggregate Bond Index is a benchmark index composed of U. Corporate Investment Grade Index is a broad-based benchmark that measures the investment-grade, fixed-rate, taxable corporate bond market. Treasury Index is an unmanaged index composed of U.
High Yield Index tracks the performance of below-investment-grade, U. A higher number indicates greater volatility. That issue is sold the following day priced at a yield equal to the current day closing 3-month LIBOR rate and is rolled into a new 3-month instrument. The index, therefore, will always have a constant maturity equal to exactly three months. The iMoneyNet First Tier Institutional category includes only non-government institutional funds that also are not holding any second-tier securities.
Portfolio holdings of first-tier funds include U. Treasury, U. It is not possible to invest directly in an iMoneyNet category. The iMoneyNet First Tier Retail category includes only non-government retail funds that also are not holding any second-tier securities. These funds may invest in U. Treasurys, U. The iMoneyNet Tax-Free National Retail category includes all retail national and state tax-free and municipal money funds.
Portfolio holdings of tax-free funds include rated and unrated demand notes, rated and unrated general market notes, commercial paper, put bonds 6 months and less, put bonds over 6 months, alternative minimum tax paper and other tax-free holdings. Treasurys and repurchase agreements backed by the U.
It is weighted by float-adjusted market capitalization. The J. Index includes both developed-markets and emerging-market countries, excluding the United States. The index is calculated with net dividends reinvested in U. The MSCI Emerging Markets Index is a free-float-adjusted market-capitalization-weighted index designed to measure the performance of global emerging market equities. The MSCI Europe Value Index captures large- and mid-cap securities exhibiting overall value style characteristics across 15 developed-market countries in Europe.
The MSCI Europe Growth Index captures large- and mid-cap securities exhibiting overall growth style characteristics across 15 developed-market countries in Europe. The MSCI World ex-USA Index is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of developed markets, excluding the U. The MSCI World Index is a free-float-adjusted market-capitalization-weighted index that is designed to measure the equity market performance of developed markets.
The Russell Index includes of the largest U. The Russell Growth Index measures the performance of the large-cap growth segment of the U. It includes those Russell Index companies with higher price-to-book ratios and higher forecasted growth values. The Russell Value Index measures the performance of the large-cap value segment of the U. It includes those Russell Index companies with lower price-to-book ratios and lower expected growth values.
The Russell Index includes small-cap U. The Russell Growth Index measures the performance of the small-cap growth segment of the U. It includes those Russell Index companies with higher price-to-value ratios and higher forecasted growth values. The Russell Value Index measures the performance of small-cap value segment of the U.
It includes those Russell Index companies with lower price-to-book ratios and lower forecasted growth values. The Russell Index measures the performance of the small- to mid-cap segment of the U. The Russell is a subset of the Russell Index. It includes approximately of the smallest securities based on a combination of their market cap and current index membership.
The Russell Index measures the performance of the largest U. The Russell Midcap Index measures the performance of the mid-cap segment of the U. The Russell Midcap is a subset of the Russell Index.
The index is designed to be an investable portfolio of companies that meet specific inclusion criteria to ensure that they are liquid and financially viable. The Wilshire U.
The Index is supplemented by the subindexes of the 33 industry sectors. The Index calculation excludes temporary issues and preferred stocks, and has a base value of as of January 4, Please Register or Login to view this content. Already have an account? Knowledge Center. For your reference, we've included definitions for the terminology we use on our site.
Glossary of financial terms Alpha: Alpha refers to returns in excess of the benchmark Anchoring: Anchoring refers to the behavioral tendency to make estimates with a biased relationship toward an initial reference value. Index and benchmark descriptions All indexes are quoted in gross performance unless otherwise indicated.
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Compare performance, returns, and yields for sovereign and corporate bonds around the world. Get updated data for Bloomberg Barclays Indices. Bloomberg Announces Changes to Bloomberg Barclays Fixed Income Indices its widely-used Bloomberg Barclays fixed income indices, including a number of rule Targeted for November 1, , the U.S. ABS Index will expand to include.
Bloomberg Barclays Year U. Aggregate Index. It includes investment grade, U. To be included in the index, bonds must have a minimum credit rating of Baa. The bonds must have a dated-date after December 31, and must be at least one year from their maturity date.
The Bloomberg Barclays US Aggregate Bond Index , or the Agg , is a broad base, market capitalization -weighted bond market index representing intermediate term investment grade bonds traded in the United States.
Below are definitions for the Aegon AM fixed income investment strategy benchmarks. It is not possible to invest in an unmanaged index.
