With multiple bond
ETF yield measures to choose from, it can be difficult for investors to quickly assess...
With multiple bond
ETF yield measures to choose from, it can be difficult for investors to quickly assess what their fund is yielding.
Not exact matches
While that might suggest the «smart money» is signaling a swift correction, don't necessarily buy it: Lipper research found that «following the most recent periods of four or more consecutive weeks of net outflows from the Lipper High
Yield ETF segment, the market — as
measured by the BofA Merrill Lynch U.S. High
Yield Master II Index — performed relatively well in the calendar month that immediately followed.
High -
yield bonds, aka junk bonds, as measured by iShares iBoxx $ High Yield Corporate Bond ETF (HYG) are down, too, though by a little
yield bonds, aka junk bonds, as
measured by iShares iBoxx $ High
Yield Corporate Bond ETF (HYG) are down, too, though by a little
Yield Corporate Bond
ETF (HYG) are down, too, though by a little less.
First, the
yield to maturity
measure does NOT take into consideration the fees on the
ETF.
Most US - listed
ETFs publish what's called the SEC
yield, which was designed as standardized
measure for mutual funds.
Given these circumstances, a bond
ETF investor has to look at riskier propositions like bond funds with higher duration (i.e. a
measure of interest rate risk) since bond funds targeting the higher end of the
yield curve generally have higher rates of interest attached.