First Trust Launches Active High-Yield ETF
March 01, 2013 at 09:04 AM EST
While still small compared to beta indexing, the number of actively managed exchange traded funds is growing, with First Trust launching a long/short high-yield debt ETF Thursday. The First Trust High Yield Long/Short ETF (NasdaqGM: HYLS) is an actively managed ETF that tries to provide current...