Investors’ thirst for master limited partnerships remains robust, an obvious byproduct of an ongoing low interest rate environment. That helped the First Trust North American Energy Infrastructure Fund (NYSEArca: EMLP) and the Global X MLP & Energy Infrastructure ETF (NYSEArca: MLPX) make appearances on this week’s list.
This week’s most searched bond ETF, we should note the race was not even close, is the ProShares Short High Yield ETF (NYSEArca: SJB). For the week ending Aug. 6, a whopping $11.3 billion was yanked from high-yield bond funds, a data point that underscores the sudden interest in SJB.
SJB added $5.6 million in new assets in the week ending Aug. 7. That does not sound like a lot, but the ETF finished the second quarter with $41.45 million in assets under management, according to ProShares data. [Inverse Junk Bond ETF Gets Big Fast]
ProShares Short High Yield ETF