|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||30.73 - 30.79|
|52 Week Range||30.53 - 30.80|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.15%|
The Federal Open Market Committee kept rates the same, as expected. “The clear agreement on 2017 is pretty significant,” says Rick Rieder, BlackRock’s chief investment officer of global fixed income. Keeping December firmly on the table shouldn’t have been a surprise, as the Fed has already raised rates twice this year and has been signaling a final hike all year.
Political change is in the air, as President Donald Trump took office this month. His administration, elected on a platform of change, is expected to shake things up, and markets will react accordingly. To ETF strategists making crucial asset allocation decisions, a new administration means re-evaluating some sectors, styles and country exposures. Here, seven of them tell us what ETFs or segments they are buying into now that Trump is in office, and why.
New York (Reuters) – Bank-loan funds that aim to pay investors more when interest rates increase are having their best fundraising streak in more than two years as buyers chase performance and the fulsome prices the investments now command.