|Day's Range||23.25 - 23.28|
|52 Week Range||22.96 - 23.46|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.64%|
Leveraged loans, securities held in popular bank loan funds, have a lot going for them in the current environment -- they are floating rate, senior to bonds in a company's capital structure, and offer ...
This article is part of a regular series of thought leadership pieces from some of the more influential ETF strategists in the money management industry. Today’s article features Gary Stringer, president and chief investment officer of Memphis, Tennessee-based Stringer Asser Management. We think bank loan ETFs offer an attractive risk/reward profile in this challenging fixed-income environment.
For investors seeking income, it’s a jungle out there. The Federal Reserve is determined to keep raising interest rates even though economic growth remains stubbornly slow. And hopes are starting to fade ...