VYM is great, but Vanguard’s other high-yield ETF pays twice as much
Wall Street 24 hours a day, 7 days a week. The Vanguard High Yield Active ETF yields 6.20% and pays monthly dividends. The fund holds 233 junk bonds, of which 45.58% are BB-rated securities and 35.58% are B-rated securities. VGHY carries higher credit and interest rate risk due to exposure to below-investment grade bonds. If…