HYS delivers a 7.1% yield from short-term high-yield bonds while limiting interest rate risk through 0-5 year maturities. The fund outperformed investment-grade bonds by 33% over five years but ...
Vanguard VCLT: a long-term investment-grade corporate bond ETF. Tight credit spreads and elevated long-end Treasury yields ...
JMUB’s 3.5% tax-free yield equals 5.1% taxable for retirees in the 32% bracket. The fund outperformed passive municipal bond ETFs by over 200 basis points over five years. Retirees in the 12% bracket ...