After the term of the contract, the bond matures and the utility gives the investor their money back – no more, no less. This same utility most likely also has shares trading in the stock market. Shares that before the 1960s paid a dividend to investors whose yield was most likely ...
The Simple Asset Class ETF Value Strategy (SACEVS) includes an allocation to iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) when the credit premium, measured monthly based on the difference between the Moody’s Seasoned Baa Corporate Bonds yield and the T-note yield, is undervalued...