A PIMCO ETF With Income, Lower Rate Risk

The PIMCO 0-5 Year High Yield Corporate Bond (NYSEArca: HYS) is one of several ETFs designed to reduce interest rate risk while helping investors derive the income benefits of high-yield corporate bonds. HYS tracks the BofA Merrill Lynch 0-5 Year US High Yield Constrained Index and “is designed to...