|Bid||34.40 x 800|
|Ask||35.30 x 1300|
|Day's Range||34.64 - 34.93|
|52 Week Range||19.54 - 35.27|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||13.83%|
|Beta (5Y Monthly)||N/A|
|Expense Ratio (net)||0.40%|
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.