Previous Close | 94.36 |
Open | 94.58 |
Bid | 0.00 x 4000 |
Ask | 0.00 x 800 |
Day's Range | 94.46 - 94.64 |
52 Week Range | 87.80 - 95.59 |
Volume | |
Avg. Volume | 5,376,980 |
Net Assets | 9.48B |
NAV | 94.48 |
PE Ratio (TTM) | 19.81 |
Yield | 6.46% |
YTD Daily Total Return | 0.72% |
Beta (5Y Monthly) | 0.96 |
Expense Ratio (net) | 0.40% |
Inception Date | 2007-11-28 |
The 10-year yield is near its highest levels of 2024. But other areas of fixed income look attractive.
The fixed income sector could contain growth value ahead of the Fed's anticipated balance sheet roll-offs and a potential recession. PIMCO Managing Director and Portfolio Manager Sonali Pier believes equities would "bear the brunt" of any recessionary headwinds and encourages a pivot to fixed income in case of a disappointing earnings season.
SCHI has become one of the largest intermediate-term corporate bond ETFs in a year in which investors have largely shunned such funds.