Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Gershon Distenfeld of Alliance Bernstein has a nice compilation of most of the reasons for avoiding ETFs as a place for long-term exposure to junk bonds, with some recent examples:
