|Day's Range||36.96 - 37.10|
|52 Week Range||34.47 - 37.41|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.40%|
Dr. Edward Altman, a professor of finance emeritus at NYU Stern, explains what's keeping companies from going bankrupt at the moment.
A confluence of market signals show big differences between now and three years ago, when crude's spectacular plunge wreaked havoc on a junk bond market heavily populated by energy borrowers.
George Bory, Wells Fargo's head of credit strategy, has identified a trend in credit markets that's worthy of note: Even though corporate bonds -- both investment grade and high yield -- have held up well this year, when an issuer has a problem, it gets hit very hard. It is up 4.5% this year.