FYI: Earlier this week, an article on ETF.com took a look at four strong-performing areas of the fixed-income universe. Those areas―"fallen angel" junk bonds, dollar-denominated emerging market debt, preferred stocks, and high-yield municipal bonds―all offered high, sustainable yields.
On a total return basis, ETFs tied to those areas were among the best-performing fixed-income ETFs in the last few years. However, they weren't the No. 1 performers in the segment.
Regards,
Ted
http://www.etf.com/node/264737
