First Trust Rolls Out Long/Short Junk Bond ETF
First Trust Advisors has added a new menu item for investors starving for dividend income in an era of unpalatable interest rates. The Wheaton, Ill.-based firm rolled out last week First Trust High Yield Long/Short ETF (HYLS), an actively managed ETF that seeks to generate income from investing in high-yield corporate bonds, aka junk bonds, while selling short U.S. Treasury and corporate bonds in hopes of profiting from falling bond prices. This
Related Stocks:
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here