New iShares ETF Offers Income, Broad Bond Exposure
April 25, 2014 at 09:30 AM EDT
In a low interest rate environment, bond investors often face some unattractive choices: Take on higher credit risk or deal with the lower yields on higher grade bonds. The new iShares Yield Optimized Bond ETF (NYSEArca: BYLD) aims to solve that conundrum. BYLD uses a fund of funds approach as its...