|Bid||23.09 x 400|
|Ask||23.25 x 5100|
|Day's Range||23.10 - 23.12|
|52 Week Range||22.96 - 23.46|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.64%|
BlackRock doesn't seem to see a lot of great options for fixed income investors. Case in point: In this month's fixed income strategy BlackRock's Jeffrey Rosenberg recommends floating rate bank loans while also warning of risks. Given the risk of rising rates, floating rate securities make the most sense.
John Davi has a long track record of providing macro insights for major institutional money managers. He spent 18 years working for Morgan Stanley and Merrill Lynch. Now, he’s bringing his expertise to the ETF strategist space, opening this month Astoria Portfolio Advisors, looking to bring institutional-caliber investing strategies to retail and advisor clients.
Over the past two months, high yield bonds have managed to disengage themselves from the daily volatility of the crude oil market. Whether this is good or bad going forward is the question.