Top US High Grade Ideas – July 2026 edition

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Top US High Grade Ideas – July 2026 edition

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US High Grade Credit Research

Top US High Grade Ideas – July 2026

edition

Credit Analysis

Our Top US High Grade Ideas list 01 July 2026

This report is our Top US High Grade (HG) Ideas list comprising corporate bond and/or loan High Grade Credit

recommendations. As selected by the Head of BofA US Credit Research, these United States

recommendations are a collection of our best investment ideas from the universe of bonds Cross-Industry

and loans covered by BofA Global Research US fundamental HG Credit Research analysts.

We expect the picks to outperform or underperform their relevant benchmarks, and they Table of Contents

could be based on particularly attractive or unattractive expected total return due to AbbVie Inc (ABBV) 2

potential market- and/or business-related catalysts, interest carry, yield to redemption,

AutoNation (AN) 3

and/or value based on spread d/or yield relative to credit quality. BofA Global Research

CVS Health (CVS) 4

credit ratings reflect a three-month time horizon. While the list is not a model portfolio, we

strive to provide a diversified group of debt instruments from a range of sectors. Sectors Dick’s Sporting Goods (DKS) 5

and instruments not under research coverage cannot be included. GM Financial (GM) 6

ONEOK Inc (OKE) 7

Research Analysts 166 Overweights

Our July 2026 list includes 6 Overweight (OW) ratings and consists of 6 bond issuer

recommendations. The recommendations are the bonds of AbbVie, AutoNation, CVS,

Larry Bland

Dick’s Sporting Goods, GM Financial, and ONEOK Inc. Research Analyst

BofAS

Exhibit 1: Top US High Grade Ideas List – July 2026 – Representative Issues (1) +1larry.bland@bofa.com646 855 6502

Our top U.S.