111.20 +0.04 (0.04%)
After hours: 4:10PM EST
|Bid||111.13 x 4000|
|Ask||111.20 x 2900|
|Day's Range||110.48 - 111.22|
|52 Week Range||102.52 - 114.44|
|PE Ratio (TTM)||10.33|
|YTD Daily Total Return||9.21%|
|Beta (5Y Monthly)||1.51|
|Expense Ratio (net)||0.15%|
With the Federal Reserve having cut interest rates twice this year and poised to cut some more, investors have the greenlight to pile into fixed income exchange traded funds and they are doing just that. Year to date, five of the top 10 asset-gathering ETFs are bond funds, a quintet that includes the iShares 7-10 Year Treasury Bond ETF (NASDAQ: IEF). IEF has an effective duration of 7.54 years, putting the fund in intermediate-term territory, making it suitable for investors that want more duration risk as the Fed lowers rates than is available on short-term bond funds.
As the Fed raised rates four times last year, short duration bond funds, including those in the corporate bond space, were popular with income investors. Now, with the Fed easing, investors can consider more duration while accessing added yield with the likes of the Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ: VCIT). Home to $25 billion in assets under management and an expense ratio of 0.07%, the Vanguard Intermediate-Term Corporate Bond ETF is one of the largest and cheapest corporate bond ETFs on the market regardless of duration profile.
Kevin Muir, longtime trader and market strategist at Toronto-based East West Investment Management, says he’s preparing for a market storm that everybody else seems to be discounting. He explains how you can, too.
Hedge funds aren’t what they used to be. They used to be exclusive investment vehicles where wealthy investors could generate double digit alpha with very little correlation to the major market indices. Nowadays most hedge funds don’t deliver uncorrelated returns at all and they generate minuscule returns after fees and expenses. I am not saying […]
Amid the trade war, weakening economic indicators, and the yield curve inversion, Jeffrey Gundlach believes the Fed has lost control of interest rates.
Treasury bonds and related ETFs are rallying as benchmark yields dip toward three-year lows in response to heightened global risks and increased demand for safety. The iShares 7-10 Year Treasury Bond ETF (IEF) rose 0.7% on Monday as yields on benchmark 10-year Treasury bonds fell to 1.637%, its lowest level since October 2016. Treasury yields have also been depressed lately on increased concerns of a global slowdown and signs that central banks around the world will loosen their monetary policies to stimulate growth.
The US-China trade war escalated very quickly this month. This has caused global equities to plunge and safe havens like gold and treasuries to surge.
In the first half of this year, fixed income ETFs saw inflows of $74 billion, including a staggering $26 billion in June alone, said CFRA Research Director of ETF & Mutual Fund Research Todd Rosenbluth in a note out Tuesday. Year to date, five bond ETFs are among the top 10 U.S.-listed ETFs in terms of new assets added and all five of those funds are iShares or Vanguard products. “While the asset manager is the US ETF industry heavyweight with $1.6 trillion in assets and a leading 39% market share, iShares is even more dominant in the bond asset class with a 49% share,” said Rosenbluth.
Last year, the Federal Reserve raised interest rates four times, but that hawkish policy is out the window in 2019 as highlighted by the Fed’s rate cut last week. The Fed’s shifting monetary policy could ...
Investment company Viewpoint Investment Partners Corp (Current Portfolio) buys iShares 7-10 Year Treasury Bond ETF, sells iShares Core MSCI Emerging Markets during the 3-months ended 2019Q2, according to the most recent filings of the investment company, Viewpoint Investment Partners Corp. Continue reading...
Bond ETFs are experiencing big inflows as the Federal Reserve shifts away from the rate hikes of last year and hints at interest rate cuts ahead. Mutual funds and ETFs that track bonds just saw $12.1 billion of inflows for the week ended July 17, which marked the 28th consecutive week of inflows, the Wall Street Journal reports. To put this in perspective, bond funds accumulated $1.7 billion in inflows over the past decade, according to a Bank of America Merrill Lynch analysis of EPFR Global data.
The ever growing ETF universe just hit another major milestone, crossing over the $4 trillion threshold of assets under management, and the growth does not seem to be slowing any time soon. According to ...
Here, I will share some simple ways to cut back on the amount of risk in your investment portfolio. The relationship between stocks and bonds provides some insight as to how we can think about the stock-bond mix. The point in the upper right-hand corner represents a 100% stock portfolio and the point on the lower left a 100% bond portfolio.
ETFs have become a go-to investment vehicle for many investors across a range of backgrounds, revealing the shifting trends in investors’ habits and thoughts in a changing market environment.