High-Yield and Harvard: Endowment Loves This ETF
May 16, 2017 at 13:13 PM EDT
The iShares iBoxx $ High Yield Corporate Bond ETF (NYSEArca: HYG) is not only the largest high-yield bond exchange traded fund trading in the U.S., it is one of the biggest bond ETFs of any variety. That says HYG has a solid following among institutional investors. HYG investors include the Harvard...