MVIS Altman N. Am. Defaulted & Distressed Bond Index

The modified market cap-weighted index tracks the performance of the U.S. And Canada defaulted and distressed bond market with bonds denominated in USD. To be included in the MVIS Altman North America Defaulted & Distressed Bond Index (MVRCOV) bonds have to be incorporated and domiciled in the United States or Canada. Derived from this index are two sub-indices covering the defaulted and the distressed bond sector respectively.

Key Features

Target The index targets a weight between 50% and 80% in defaulted bonds and the remaining weight in distressed bonds.
Amount Outstanding At least 100 million USD (bonds in the defaulted bond sector), and
at least 300 million USD (bonds in the distressed bond sector).
Weighting Cap 5% per issuer.
Review Monthly.
IndexLast CloseOpenLastChangeChange (1Y)Range (1Y)
1,092.89 1,092.89 xxxyyy%-10.95%708.53 - 1,303.96
784.21 784.21 xxxyyy%-34.26%419.23 - 1,214.20
930.06 930.06 xxxyyy%-23.26%560.27 - 1,256.55
  • 1W
  • 1M
  • 6M
  • 1Y
  • 3Y
  • 5Y
  • YTD
  • Inception