Rivals in, but Vanguard won’t offer junk-bond ETFs
High-yield bond ETFs are wildly popular with investors. So why is it that ETF giant Vanguard steadfastly refuses to offer such funds?
Don't hold your breath for a high-yield-bond exchange-traded fund from Vanguard.
High-yield-bond ETFs from the two largest ETF companies, BlackRock Inc.'s iShares and State Street Global Advisors, have seen their assets more than quintuple to $27 billion combined since 2009, thanks to $24 billion i
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