PIMCO High-Yield Bond ETF is Morningstar’s Top Pick
Posted on August 23, 2012 at 10:09 AM EDT
PIMCO’s ETF for high-yield corporate debt tracks shorter maturity bonds, which makes it different than most competitors. The fund aims for lower volatility and transaction costs, and is Morningstar’s top pick for the popular sector. PIMCO 0-5 Year High Yield Corporate Bond Index Fund...