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(Alex Slobodkin/)

You probably don’t know the real yield of your bond ETF

Question for all the bond ETF investors out there (and there are many of you): What yield are you getting from your funds?

It’s a basic question, but one that many investors flub for reasons that are partly their own fault and partly the fault of the exchange-traded fund industry. Let’s use the $630-million BMO Aggregate Bond Index ETF (ZAG) as an example.