Divergence Between High Yield Bond Mutual Funds And ETFs
Today’s large drops of stocks caused all of high yield bond ETFs. But there is an apparent divergence between high yield bond mutual funds and high yield bond ETFs: Name Symbol Price Day Change (6/21/2012) iShares iBoxx $ High.. HYG 89.55 -0.75 (-0.83%) SPDR Barclays Capital… JNK 38.86 -0.22 (-0.56%) PowerShares Hgh Yield… PHB 18.53 -0.07 (-0.38%) [...]
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