7%+ Club — High-Coupon Income

Coupon ≥ 7% and YTW ≥ 7%, price ≥ 80, excluding distressed names.

The 7%+ Club highlights highyielding US dollardenominated fixed income assets boasting coupons and yieldstoworst of 7% or higher while maintaining cash prices at or above 80. This cohort targets institutional portfolios seeking maximized nominal cash generation and total return potential amidst shifting macroeconomic conditions. Yields across the screen span an exceptionally wide spectrum, driven by credit risk premiums in distressed and highly leveraged credits such as AMBIBZ with a 68.037% YTW and BRIEAS offering an 11% coupon at a 58.692% YTW. Meanwhile, more stable doubledigit income opportunities appear in names like XRX yielding 38.923% and SFLY offering an 11% coupon at a 38.913% YTW. The opportunity set spans diverse sectors—including Industrials, Technology, Communications, and Basic Materials—featuring seasoned issuers across the United States, Brazil, and Ukraine. Professional investors must weigh these aggressive doubledigit yields, exemplified by GTRC at a 22.409% YTW and CSCHLD at a 21.669% YTW, against fundamental credit trajectories and restructuring risks.

Results are limited to USD bonds with an amount outstanding of at least USD 200MM.