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LevFinLevFin High Yield Bonds

High yield ETF loses 40% of assets after Charles Schwab switch

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The iShares 0-5 Year High Yield Corporate Bond exchange traded fund (SYHG), which tracks short dated US high yield credit, has unwound almost 40% of its asset base in the last week and a half after investor Charles Schwab pulled its money to put into another high yield fund.

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