High-Yield Bond ETF

I do the “ETF of the Week” for MarketWatch every Thursday on Chuck Jaffe’s MoneyLife Show where I highlight big movers and disappointments within the exchange traded fund market.

On Thursday, I looked at the First Trust Tactical High Yield ETF (NYSEArca: HYLS). This high-yield ETF takes a long position in speculative grade debt while actively shorting U.S. Treasuries.

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