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

|By:, SA News Editor

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.