HYLD: The First Actively Managed High Yield ETF
December 03, 2010 at 13:02 PM EST
AdvisorShares Peritus High Yield ETF (HYLD) began trading 12/01/2010, becoming the first actively managed ETF offering exposure to high yield corporate bonds (also known as junk bonds). Its objective is to generate high current income with a secondary goal of capital appreciation. Timothy Gramatovich and Ronald Heller of Peritus Asset Management, the fund’s subadvisor, . . . → Full Story: HYLD: The First Actively Managed High Yield ETF