A Solid Yield, Lower Rate Risk With ‘HYS’ ETF
This article was originally published on ETFTrends.com.
Although interest rates are rising, investors can remain engage with high-yield corporate bond exchange traded funds by opting for lower duration fare, including the PIMCO 0-5 Year High Yield Corporate Bond (NYSEArca: HYS). HYS tracks the BofA Merrill Lynch 0-5 Year US High Yield Constrained Index and “is designed to capture, before fees and expenses, [...]