This Fund Offers High Yield, Low Interest Rate Risk (HYHG)

Earlier this week we spoke about the largest High Yield Bond funds HYG (iShares iBoxx $ High Yield Corporate Bond, Expense Ratio 0.49%, $18.8 billion in AUM) and JNK (SPDR Barclays Capital High Yield Bond, Expense Ratio 0.40%, $12.5 billion in AUM), as both funds continue to trade actively and at new 52-week highs today’s trade.