Richard Croft
Credit Suisse High Yield Bond
DHY-A
COMMENT
Apr 23, 2010
High yield bond ETF. Has done well because high yield debt took a bad hit during the credit crisis so you are coming off a very low base. Has now been a strong market performance and interest rates have remained low. A lot of these companies are stabilized. He is not a big fan of high yield debt. Treat as a high-risk component of your portfolio.