No Rising Rates, But This Corporate Bond ETF Is Still Useful
September 12, 2019 at 08:00 AM EDT
The ProShares Investment Grade—Intr Rt Hdgd ( IGHG B- ) is designed to thrive when interest rates rise, but that doesn’t mean the ETF isn’t useful when rates are declining. Quite the contrary, IGHG is performing admirably this year and features a tempting to yield to help investors bolster income in today’s low yield environment.
