|Bid||71.31 x 4000|
|Ask||71.32 x 3100|
|Day's Range||71.26 - 71.51|
|52 Week Range||70.67 - 86.03|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||-15.17%|
|Beta (5Y Monthly)||1.01|
|Expense Ratio (net)||0.05%|
The 60/40 portfolio, one of the most standard allocation mixes for long-term investors, is on pace for its worst year since 1936, data from Bank of America showed.
In this week’s edition, I spoke with Todd Rosenbluth, head of research at VettaFi, about a potential change in the leader table for bond ETFs and other dynamics driving interest in fixed-income ETFs. With ample liquidity and tax efficiency benefits, bond ETFs are attracting capital. The Vanguard Total Bond Market ETF (BND) has garnered about $80.97 billion in assets as of July 21, according to FactSet data.
Vanguard today reported expense ratio changes for six funds across multiple ETF and mutual fund share classes with fiscal years ending December 2021. The changes include reductions for four broadly diversified bond ETFs and represent $8.8 million in aggregate net savings for investors.1 Vanguard's investor-owned corporate structure enables the firm to return value to shareholders through lower costs and reinvestments to improve capabilities, technology, and client experience.2