Generating income

Record low yields may be making it harder for you to generate income. Traditional strategies – such as investing in investment grade corporate bonds in place of government bonds – may no longer be enough to boost returns, meaning you may need to think outside the box.

  • Exploring credit investments beyond investment grade bonds can help provide new sources of income.
  • Investors willing to expand beyond bonds might consider multi-asset strategies, which combine bonds and stocks with alternative investments.
  • Emerging market government bonds can give you exposure to growing regions outside of developed countries.

You should work with a financial advisor before making investment decisions.

01 BMSIX
GET MORE WITH CREDIT Credit Strategies Income Fund
DESIGNED FOR Diversifying bond investments
SENSITIVE TO Credit risk
TOP ISSUERS as of Sep 28, 2018
Name Weight (%)
UNITED STATES TREASURY 8.07
ISHARES JPMORGAN USD EMERGING MARKETS BOND FUND 1.51
VANECK VECTORS JP MORGAN EM LOCAL CURRENCY BD ETF 1.05
CREDIT SUISSE GROUP AG 0.92
BANK OF AMERICA CORP 0.92
Name Weight (%)
JPMORGAN CHASE & CO 0.77
HSBC HOLDINGS PLC 0.63
CREDIT AGRICOLE SA 0.55
ROYAL BANK OF SCOTLAND GROUP PLC 0.48
BNP PARIBAS SA 0.48
02 HYG
FOCUS ON HIGH YIELD iShares iBoxx $ High Yield Corporate Bond ETF
DESIGNED FOR Income from high yield bonds
SENSITIVE TO Credit risk
Top Holdings as of Nov 16, 2018
Name Weight (%)
ALTICE FRANCE SA (FRANCE) 144A 0.57
BLK CSH FND TREASURY SL AGENCY 0.54
SPRINT CORP 0.53
FIRST DATA CORPORATION 144A 0.45
REYNOLDS GROUP ISSUER LLC 0.37
Name Weight (%)
BAUSCH HEALTH COMPANIES INC 144A 0.37
HCA INC 0.36
CCO HOLDINGS LLC 144A 0.36
BAUSCH HEALTH COMPANIES INC 144A 0.35
CHS/COMMUNITY HEALTH SYSTEMS INC 0.35
03 EMB
CONSIDER EMERGING MARKETS iShares J.P. Morgan USD Emerging Markets Bond ETF
DESIGNED FOR Exposure to growing markets
SENSITIVE TO Local economy and market performance
Top Holdings as of Nov 16, 2018
Name Weight (%)
URUGUAY (ORIENTAL REPUBLIC OF) 0.87
POLAND (REPUBLIC OF) 0.85
RUSSIAN FEDERATION RegS 0.78
PERU (REPUBLIC OF) 0.78
PERU (REPUBLIC OF) 0.68
Name Weight (%)
COLOMBIA REPUBLIC OF (GOVERNMENT) 0.67
1MDB GLOBAL INVESTMENTS LTD RegS 0.65
HUNGARY (REPUBLIC OF) 0.63
KAZAKHSTAN (REPUBLIC OF) MTN RegS 0.62
EGYPT (ARAB REPUBLIC OF) MTN RegS 0.6
04 BIICX
Cast a wide net Multi-Asset Income Fund
DESIGNED FOR Diversifying across asset classes
SENSITIVE TO Stock and bond market risks
Equity Fixed Income
TOP HOLDINGS as of Oct 31, 2018
TOP HOLDINGS as of Oct 31, 2018
Name Weight (%)
ENERGY TRANSFER UNITS 0.5
ENTERPRISE PRODUCTS PARTNERS UNITS 0.49
MPLX COMMON UNITS 0.43
MAGELLAN MIDSTREAM PARTNERS UNITS 0.38
PLAINS ALL AMERICAN PIPELINE UNITS 0.37
Name Weight (%)
RAYTHEON - ELN 0.36
SANOFI SA 0.3
KINDER MORGAN INC - ELN 0.27
COMCAST CORP CLASS A - ELN 0.27
MERCK & CO INC - ELN 0.27
Name Weight (%)
ISHARES IBOXX HIGH YIELD CORP BOND 5.18
CREDIT SUISSE GROUP AG 144A 7.5 12/31/2049 0.41
STATE STREET CORP 3.33413 06/15/2037 0.4
HSBC HOLDINGS PLC 6 12/31/2049 0.35
WESTPAC BANKING CORP. (NEW ZEALAND 5 12/31/2049 0.33
Name Weight (%)
MORGAN STANLEY 5.85 12/31/2049 0.31
SOCIETE GENERALE SA 144A 8 12/31/2049 0.3
TRANSCANADA TRUST 5.875 08/15/2076 0.3
HOUSTON CENTER (BSREP II HOUSTON) Prvt 0.29
ROYAL BANK OF SCOTLAND GROUP PLC 8.625 12/31/2049 0.29