MVIS Altman North America Distressed Bond Index
Index Fundamentals
The tables below show fundamental data of the MVIS Bond Index.
Descriptive values are updated on a daily basis. The chart shows historical values on a monthly basis.
| Average Yield to Maturity | 0.00 |
| Average Modified Duration | 0.00 |
| Average Years to Maturity | 3.50 |
| Average Coupon | 0.00 |
| Yield to Worst | 0.00 |
| Current Yield | 0.00 |
Altman-Kuehne/NYU-Salomon Center Dollar-Based 12-month Moving Average Default Rate Index
Altman-Kuehne/NYU-Salomon Center Dollar-Based 12-month Moving Average Default Rate is calculated by adding the defaults in a given quarter (3 months) to the total dollar amount of defaults from the three prior quarters (nine months), and then dividing the total by the size of the high-yield market at the beginning of the quarter for which the rate is being calculated. This rate, as well as historical default rates, is published every quarter in our "Defaults and Returns in the High-Yield Bond Market" reports, available by subscription from the Salomon Center.
Source: Altman, Edward I. and Brenda J. Kuehne. Data as of 31 December 2014
Rating and Maturity Breakdown
The tables below show Bloomberg Composite Rating
breakdown and Maturity breakdown of the index components.
The data are updated on a daily basis.
| Rating | Count | Weight |
|---|---|---|
| High Yield | 86 | 87.25% |
| Not Rated | 14 | 12.75% |
| Maturity | Count | Weight |
|---|---|---|
| 0 - 3 Years | 27 | 23.79% |
| 3 - 5 Years | 40 | 41.45% |
| 5 - 7 Years | 26 | 32.01% |
| 7 - 10 Years | 3 | 0.65% |
| 10 - 15 Years | 1 | 0.54% |
| 15 - 20 Years | 2 | 0.93% |
| 20+ Years | 1 | 0.63% |