Why Investors are Selling Utility ETFs Before the Fiscal Cliff
December 19, 2012 at 12:45 PM EST
After attracting a huge following among those seeking stable and robust yields in 2011, utility exchange traded funds fell flat over 2012 and continue to experience redemptions heading into the so-called fiscal cliff. So far this year, the Utilities Select Sector SPDR Fund (NYSEArca: XLU) has lost...