Keeping it Short With Junk Bonds
This article was originally published on ETFTrends.com.
Investors looking to increase their global fixed income exposure while maintaining exposure to high-yield with lower durations have some exchange traded funds to consider, including the Powershares Global Short Term High Yield Bond Portfolio (NYSEArca: PGHY). PGHY, which is nearly five years old, follows the DB Global Short Maturity High Yield Bond Index. The ETF [...]