Holding high-yield ETFs like HYG, JNK, REM in taxable accounts can cost you thousands in taxes.
High-yield ETFs such as iShares iBoxx $ High Yield Corporate Bond ETF (HYG), SPDR Bloomberg High Yield Bond ETF (JNK), and iShares Mortgage Real Estate ETF (REM) distribute income taxed as ordinary income, which can reach up to 37% for high earners. ...
