HYG has a 0.50% expense ratio, a 5.42% 30-day SEC yield and a 4.27 year duration. Credit breakdown includes BBB 5.4%, BB 42.4%, B 37% and CCC 11%. HYG tilts toward safer credit qualities, including some allocations toward BBB low investment grade debt.
AdvisorShares Peritus High Yield ETF
For more information on high-yield funds, visit our high-yield bonds category.
Max Chen contributed to this article.
Full disclosure: Tom Lydon’s clients own HYG and JNK.