|Bid||0.00 x 3000|
|Ask||0.00 x 1000|
|Day's Range||53.67 - 53.89|
|52 Week Range||48.86 - 54.99|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.40%|
Earlier this month, the Federal Reserve raised interest rates for the second time this year and the eighth time since 2015. Ongoing Fed tightening was forecast before the start of 2018 with many fixed income market observers forecasting up to four rate hikes by the Fed this year. The most recent Federal Open Market Committee (FOMC) meeting minutes hint at two more rate hikes before the end of 2018, moves that could hamper bonds.
International and emerging markets have made a good showing among the top-performing bond/income ETFs this year.
Historically, convertible bonds are solid performers during rising interest rate environments, but there are other reasons to consider the SPDR Barclays Convertible Securities ETF (NYSEArca: CWB ) . CWB ...
Investors looking to add some spice their fixed-income portfolios, particularly during rising interest rate environments, can consider convertible bonds. Convertibles are hybrid securities because they ...
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. The U.S. stock market is at all-time highs, but one of the best ways to capture equity upside right now may instead be through convertible bonds.
With the bond ETF industry celebrating an anniversary last month, it's high time to take a look at those funds