Matt Tucker, head of fixed-income investment strategy at iShares, said that with around $25 billion in assets, the largest high-yield ETFs “aren’t anywhere near the point where we’re going to have a lot of impact on the underlying securities.”
“If investors decided to flee, there obviously would be some impact on performance. But what’s the velocity of that? You just don’t know,” James Ross, managing director at the SPDR funds, said in the article.
iShares iBoxx High Yield Corp Bond Fund ETF
For more information on high-yield bonds, visit our junk bonds category.
Max Chen contributed to this article.