Value vs. Glamour: Bond Performance

7 Pages Posted: 23 Nov 2008

Date Written: August 15, 2008

Abstract

Previous research by the Brandes Institute has shown the historical long-term performance advantage of value stocks over glamour stocks. What about corporate bonds? Here, we show that bonds issued by value companies have provided greater appreciation than those issued by glamour companies.

Keywords: Brandes, Brandes Institute, value, value investing, investor, investing, corporate bonds, corporates, fixed income, fixed income investing, high yield, high yield bonds, debt, LSV, OAS

JEL Classification: G00, G14

Suggested Citation

Institute, Brandes, Value vs. Glamour: Bond Performance (August 15, 2008). Brandes Institute Research Paper No. 2008-04. Available at SSRN: https://ssrn.com/abstract=1229122 or http://dx.doi.org/10.2139/ssrn.1229122

Brandes Institute (Contact Author)

Brandes Investment Partners ( email )

11988 El Camino Real, Suite 500
P.O. Box 919048
San Diego, CA 92191-9048
United States

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