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.

Country and Sectors Weightings

Country and Sector weightings are based on the weightings of all index components in a certain country or sector.

CountryComponentsWeight
Canada3 1.83%
United States158 96.59%
Poland1 0.09%
India2 1.49%
Total164 100.00%
SectorComponentsWeight
Energy40 18.74%
Utilities33 17.72%
Financial6 4.54%
Consumer - Cyclical19 11.03%
Basic Materials2 0.93%
Consumer - Non-cyclical17 12.13%
Communications31 20.59%
Diversified1 3.22%
Technology9 7.92%
Industrial5 1.01%
Government1 2.17%
Total164 100.00%
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