|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||27.86 - 27.90|
|52 Week Range||26.81 - 28.17|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.40%|
The emerging markets high yield bond market has grown tremendously over the past 10 years, from $56 billion at the end of 2007 to $440 billion as of June 30,…
One result of the strong performance of junk bonds in the past six months is that most strategists now see the asset class as overvalued. Short-term high-yield bond ETFs actually have higher yields than their broader-market brethren. For example, the $3 billion iShares 0-5 Year High Yield Corporate Bond ETF (SHYG) has a 4.74% yield, while its $19 billion sibling, the iShares iBoxx $ High Yield Corporate Bond ETF (HYG), has a yield of 4.67%.
The central bank is highly anticipated to raise interest rates for the second time this year but chances of further rate hikes this year are dim.