Other names like Xtrackers USD High Yield Corp Bond ETF (NYSEArca: HYLB) and PIMCO 0-5 Year High Yield Corp Bond ETF (NYSEArca: HYS) saw high inflows. HYLB saw $215 million on inflows and HYS saw just over $200 million.
One fund to consider is the Xtrackers High Beta High Yield Bond ETF (NYSEArca: HYUP), which seeks investment results that correspond generally to the performance, of the Solactive USD High Yield Corporates Total Market High Beta Index. The underlying index is designed to track the performance of the segment of the U.S. dollar denominated high yield corporate bond market that exhibits higher overall beta to the broader high yield corporate fixed income market.
“The high yield bond market has yet to show severe stress beyond some recent blips,” wrote Rob Isbitts of Forbes. “The market for Preferred stocks and Convertible securities. BBB-rated bonds have been teetering a bit, but these market segments have not completely broken down 2008-style.”
For more market trends, visit ETF Trends.