MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Tuesday, July 16, 2013 Investors Hungry For Short-Term Junk Bond ETFs PMs should be aware of investors' rising appetite for junk bond ETFs, which are perceived as providing protection from rising rates and still offer high yields. ETFs focused on short-term junk bonds, such as Pimco [profile] 0-5 Year High Yield Corporate Bond ETF, brought in $602 million since May, WSJ MoneyBeat reporter Chris Dieterich writes. SPDR [profile] Barclays Short Term High Yield Bond ETF took in $318 million and while longer-term bond high-yield funds such as BlackRock [profile] iShares iBoxx $ High Yield Corporate Bond ETF had outflows of $1.4 billion since May. Though both types of junk bond ETFs lost money in the second quarter, the short-term junk bond ETF saw less drastic outflows, Dieterich writes. To read more, click here. Printed from: MFWire.com/story.asp?s=44936 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |