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

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.
Comments (1)
  • 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
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