Sunday, July 7, 2013
An Interesting Article on HYLD
July 3rd 2013 at 3:25pm by Paul Weisbruch, Street One Financial
An actively managed ETF that we have featured from time to time in this column, HYLD (Peritus High Yield, Expense Ratio 1.35%) has bucked the 2013 trend of net outflows in the High Yield Fixed Income space, adding more than $82 million to the fund thus far this year via creation activity...
HYLD currently has a yield of 8.19% compared to the 6.64% yield of JNK and 6.51% yield of HYG. HYLD has grown steadily since its inception back in late 2010, gathering a total of $260 million currently in assets under management and with twenty eight ETFs in the category currently, only fifteen of these funds, HYLD included, have over $100 million in assets under management today.