YLD: High Yield Is Too Tight (Rating Downgrade) (NYSEARCA:YLD)

We first started covering the Principal Active High Yield ETF ( YLD ) almost a year ago, when we went through the fund's composition and active take on the high-yield market. At the time, we only assignedWith an investment banking cash and derivatives trading background, Binary Tree Analytics ('BTA') aims to provide transparency and analytics in respect to capital markets instruments and trades. BTA focuses on CEFs, ETFs and Special Situations, and aims to deliver high annualized returns with a low volatili ...