August 02, 2010 at 15:00 PM EDT
PowerShares Changes Index on High-Yield ETF
Invesco PowerShares has announced a shift in its high-yield corporate bond exchange traded fund (ETF) that could have a big impact. The PowerShares High Yield Corporate Bond Portfolio (NYSEArca: PHB) has changed its underlying index and is now tracking the RAFI® High Yield Bond Index. It’s...
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