|Bid||106.5000 x 100|
|Ask||106.5800 x 300|
|Day's Range||106.5000 - 106.6200|
|52 Week Range||102.1100 - 107.9900|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.55%|
What to do about a fixed-income allocation remains a lingering question for many investors. On one side, the 30-plus-year bond rally is said to be over, and the outlook for returns in bonds is on the decline. On the other hand, Treasury yields continue to drop even as the Federal Reserve remains committed to pushing rates higher (yields drop when bond prices rise). So far this year, 10-year Treasury yields have slipped 5.3%.
According to Don Schreiber Jr., passive ETFs are weapons of mass destruction. "Passive [investing] is probably one of the most dangerous things I've seen in my 35-year career," said the founder, CEO and co-portfolio manager of the $1.8 billion WBI Investments. That, in large part, stems from transparency. Knowing an ETF's full basket of securities gives investors a false sense of security, says Schreiber, and encourages herd mentality.
Compiled by ETF.com Staff Model ETF Portfolios Get A Fixed-Income Overhaul (Morningstar)Impending changes at the PIMCO Total Return ETF (BOND) prompt changes in these portfolios' bond stakes.