|Bid||51.31 x 900|
|Ask||52.57 x 900|
|Day's Range||52.52 - 52.59|
|52 Week Range||49.13 - 52.69|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||1.83%|
|Beta (5Y Monthly)||0.84|
|Expense Ratio (net)||0.36%|
For investors looking to build a proper bond portfolio, they can look at ETFs that have earned Morningstar’s Gold rating. "Be sure to start building your bond-fund portfolio with core, intermediate-term funds that give you a lot of diversification in a single holding," said Morningstar director of personal finance Christine Benz. "Fixed Income Instruments" include bonds, debt securities and other similar instruments issued by various U.S. and non-U.S. public- or private-sector entities.
Investor appetite for bonds doesn’t seem to be letting up anytime soon and as the “recession” word keeps popping up in the financial markets, it will continue this way for quite some time. For investors looking to build a proper bond portfolio, they can look at ETFs that have earned Morningstar’s Gold rating.
Philip Blancato says a recession isn't coming anytime soon. But this top investment advisory firm's CEO will darken his view if just one area falls apart: A China trade war.
The general rule of thumb for most investors when it comes to exchange-traded funds (ETFs) is that the bigger they are, the cheaper, better performing, and more liquid they are likely to be. Branded ETFs are generally large because their issuer is steering its own clients into them, a recent trend referred to as BYOA, standing for “bring your own assets.” For example, ETFs issued by JPMorgan Chase & Co. (JPM) raised $15.6 billion in 2018, and most of that came from the bank’s affiliates.
In today’s bond market, yield is getting harder to come by, but investors can still use bonds strategically as either a safety mechanism when markets get volatile or a relatively stable source of income. Morningstar released a list of bond funds that included three exchange-traded funds (ETFs) that investors can look at. “Investors rely on bonds for many reasons: funding short-term goals, providing ballast to an equity-heavy portfolio, or generating much-needed income during retirement, to name a few,” wrote Morningstar’s Susan Dziubinski.