Active High-Yield Bond ETF Rakes in Cash After Fed Decision
September 19, 2013 at 09:37 AM EDT
An actively managed ETF for high-yield bonds that has been outperforming its index-linked rivals this year saw heavy inflows Wednesday after the Federal Reserve decided not to taper its bond and mortgage purchases. AdvisorShares Peritus High Yield ETF (NYSEArca: HYLD) has posted a total return of...