February 22, 2012 at 11:25 AM EST
Investors See Best of Both Worlds in High-Yield ETFs
Investors have pumped about $5 billion into the two largest exchange traded funds for high-yield or “junk” bonds this year. They’re chasing the juicy yields and capital appreciation that high-yield ETFs have enjoyed. The $13.7 billion iShares iBoxx High Yield Corporate Bond (NYSEArca: HYG) has...
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