An Uncertain Future for Active Bond ETFs
September 02, 2008 at 04:00 AM EDT
In the world of active exchange traded funds (ETFs), the interesting area of portfolios consisting of bonds has emerged. The first actively managed ETF, the Bear Stearns Current Yield (YYY), was actually a bond fund and launched on March 25. Its counterpart, PowerShares Active Low Duration (PLK) was released in mid-April. YYY is down 0.2% over [...]
