Previous Close | 34.73 |
Open | 34.93 |
Bid | 34.40 x 800 |
Ask | 35.30 x 1300 |
Day's Range | 34.64 - 34.93 |
52 Week Range | 19.54 - 35.27 |
Volume | 229,749 |
Avg. Volume | 236,143 |
Net Assets | 225.49M |
NAV | 34.26 |
PE Ratio (TTM) | N/A |
Yield | 1.97% |
YTD Daily Total Return | 13.83% |
Beta (5Y Monthly) | N/A |
Expense Ratio (net) | 0.40% |
Inception Date | 2018-04-03 |
Anticipated government spending could present opportunities for infrastructure investors.
Getting a C-minus grade usually isn’t good news, but it promises to be just that for investors looking to capitalize on a boom in government spending on infrastructure. The American Society of Civil Engineers assigned U.S. an infrastructure grade of C-minus in its latest quadrennial report, a slight improvement from the previous D-plus rating. The ASCE’s low grade for the U.S. underlines so many needs (you can read the 172-page report here), including bridge repair, road construction and maintenance, the continuing expansion and modernizing of the electric grid, and various water-quality initiatives.
Infrastructure exchange-traded funds (ETFs) provide exposure to companies that build and maintain major projects and systems such as roads, bridges, waterways, railways, communication networks, and electricity systems.