Income investing has quickly become a hot button topic among ETF investors who are searching for the right mix of credit quality, duration, and yield.
The threat of rising interest rates and below-average dividend streams from traditional aggregate bond funds has many income seekers looking for alternative strategies to meet their needs.
With that goal in mind, Blackrock (NYSE: BLK) just recently launched the iShares Yield Optimized Bond ETF (NYSE: BYLD).
This ETF is a “fund of funds” that takes a multi-sector approach to it’s fixed-income allocation by utilizing other iShares ETFs for it’s underlying holdings.
The top three funds in BYLD include: iShares MBS ETF (NYSE: MBB), iShares High Yield Corporate Bond ETF ...
More...