HYLD - A High-Yield Bond ETF With A Twist
If I were asked to name off the top of my head a bunch of high-yield bond ETFs, several would immediately come to mind. The iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA: HYG) and the SPDR Barclays High Yield Bond ETF (NYSEARCA: JNK) are perhaps the two most well known. Also among the better known are the SPDR Barclays Short Term High Yield Bond ETF (NYSEARCA: SJNK), the PowerShares Fundamental High Yield Corporate Bond Portfolio (NYSEARCA: PHB), and the AdvisorShares Peritus High Yield ETF (NYSEARCA: HYLD). Among the group, there is one that is actively managed-HYLD. If you're seeking alpha in your bond portfolio, HYLD should be near the top of your list. With that said, there's something you should know about the fund-something that may surprise you, considering the fund's reputation as a high-yield bond ETF. When reviewing HYLD's homepage on the AdvisorShares website, you'll find all the standard information you are... Read more