Seeking Alpha
Seeking Alpha Portfolio App for iPad
Finance
(1)
Market Currents

Is the investor love-affair with high-yield ending, or taking a late-year break? The beneficiary...

  • Wednesday, November 14, 2012, 2:55 PM ET
    Is the investor love-affair with high-yield ending, or taking a late-year break? The beneficiary of massive inflows for over a year, HYG has seen $458.7M in outflows in November, bringing the total asset loss to $1.97B (about 11% of AUM) since the QE announcement. The fund itself has lost about 3% of its value since then.
Track new comments on this story

This news story has 1 comment:

  • Hi-yield was on sale today. Starting to let loose my cash hoard with DHF, DHY, and PHT. All yielding near 10%. Premium over portfolio values down sharply. I felt like a kid in a candy shop buying these today. And tax free div. in my IRA.
    14 Nov 2012, 04:15 PM Reply Like
Other date
DJIA (DIA) S&P 500 (SPY)