ETF Trends publisher Tom Lydon discussed Deutsche X-trackers USD High Yield Corporate Bond ETF (HYLB) on this week’s “ETF of the Week” podcast with Chuck Jaffe on the MoneyLife Show.
Bond investors shouldn’t overlook junk bonds as the Federal Reserve is standing pat on rates, remaining vague on tapering plans.
Rising risk on sentiment helped lift outlook on credit markets, like speculative-grade junk bonds.
HYLB tries to reflect the performance of the Solactive USD High Yield Corporates Total Market Index.
Its sector allocations are consumer discretionary 20.3%, energy 11.3%, health care 9.2%, industrials 8.8%, telecom services 8.6%, financials 7.9%, information technology 7.6%, materials 7.1%, communications 4.6%, and utilities 3.4%.