ETF Daily News
3 New Bond ETFs Debut Tuesday (IHY, EMHY, EMCB)
April 03, 2012
The number of bond-focused ETFs increases today, as iShares brings out two new BATS-listed ETFs and Van Eck launches a new Market Vectors exchange-traded fund, according to an article on Benzinga.com.
The iShares Emerging Markets High-Yield Bond Fund (BATS: EMHY) and the iShares Global ex-USD High Yield Corporate Bond Fund (BATS HYXU) will track the Morningstar Emerging Markets High Yield Bond Index and the Markit iBoxx Global Developed Markets ex-USD High Yield Index, respectively, the article said.
Van Eck’s Market Vectors International High-Yield Bond ETF (NYSEArca: IHY) will pay monthly dividends and offers exposure to non-U.S. issues denominated in euros, U.S. and Canadian dollars, the Benzinga report said.
For more information on these funds, visit Benzinga.com.