Home > BlackRock, Inc. (NYSE:BLK): Junk-Bond ETF Had a Record Daily Withdrawal
Print

BlackRock, Inc. (NYSE:BLK): Junk-Bond ETF Had a Record Daily Withdrawal

November 15th, 2012

Investors pulled a record volume of cash from BlackRock, Inc. (NYSE:BLK) exchange-traded fund that buys junk  bonds, the iShares iBoxx $ High Yid Corp Bond (NYSEARCA:HYG),  as the notes lost value for the first month since May. Bloomberg Radio’s Catherine Cowdery reports on Exchange Traded  Funds.

You can hear the full ”Bloomberg” segment: HERE

iShares iBoxx $ High Yid Corp Bond ETF (NYSEARCA:HYG)


The iShares iBoxx $ High Yield Corporate Bond Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the iBoxx $ Liquid High Yield Index, a corporate bond market index compiled by Markit Indices Limited.


NYSE:HYG


 

Tags: , , , ,

Facebook Comments

Comments



  1. No comments yet.
  1. No trackbacks yet.




Copyright 2009-2014 WBC Media, LLC