|Bid||113.94 x 75000|
|Ask||116.35 x 1000|
|Day's Range||0.00 - 0.00|
|52 Week Range|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.15%|
Citigroup posted mixed results on its second quarter earnings report Friday as the bank outperformed in earnings per share, but underperformed on revenue, including a decline in fixed-income. Forecasts for Citigroup earnings were slated at $1.56 per share, and the bank surpassed that, posting a $1.63 EPS figure. In addition, Citigroup netted $4.49 billion in income, besting last year's second quarter results of $3.9 billion in net income.
In ETF Trends’ Part 1 of looking at the best fixed-income ETFs to have during a recession, four ETFs were introduced that underscored the need to have shorter terms if possible and investment-grade holdings ...
Fixed income investors looking to bolster income streams via investment-grade corporate debt can keep that income while guarding against higher interest rates. A broad swath of exchange traded funds, including ...
Due to the reconstitution of the Russell indices, US-listed ETFs saw huge outflows last week. FactSet data showed that ETFs posted net outflows of $21.6 billion during the week, which pushed the year-to-date inflows down to $129.4 billion—the largest outflows since late March. US equity (GS) (MS) (BAC) registered outflows of $21.2 billion, while international equity had net redemptions of $4 billion. US equity outflows were mainly concentrated in the iShares Russell ETFs. US fixed-income ETFs was the only asset class that garnered positive inflows for the week. US fixed-income ETFs added $3. ...
The flare-up in market volatility has left investors scratching their heads when it comes to the outperformance of safest segment of the corporate bond universe over its riskiest peers.
One of the curious attributes of the U.S. stock market in 2018 is that while there are growing concerns over the outlook for growth going forward, sectors traditionally seen as safe have struggled the most, while the ones more closely correlated to macroeconomic conditions have generally risen.
With the unemployment rate at a low 3.8%, rising wages and a healthy inflation level, the markets are poised for another rate hike by the Federal Reserve. The federal funds rate is currently in the range of 1.5% to 1.75%, but an increase of a quarter of a percentage point is expected, but not guaranteed. On Wednesday, the Federal Reserve will release the most recent economic forecasts, which could hint at additional hikes.
The iShares 0-5 Year High Yield Corporate Bond ETF ( SHYG) has lost $1 billion in assets over the past week. A robo-advisor operated by a major brokerage is seen as the culprit behind the outflows from the high-yield debt exchange-traded fund (ETF).
While inflation isn’t a huge concern in the current economic environment, it should always be on the minds of income seekers looking to protect themselves from the loss of purchasing power.
Investors have fixed-income exchange traded funds dedicated to hedging interest rate risk they can choose from. A new fund features a hedge of its own, but it is an inflation hedge. The actively managed iShares Inflation Hedged Corporate Bond ETF (CBOE: LQDI) debuted last week.
BlackRock’s iShares has launched an actively managed fixed-income exchange traded fund that is based off its popular investment-grade corporate bond ETF and comes with a twist to help investors hedge against ...
Rising interest rates can hurt investors' fixed-income portfolios. In this article, I will examine the case of PowerShares Senior Loan Portfolio BKLN , which has been a popular choice for investors looking to lessen the risk of rising rates. It is also perhaps the poster child for the futility of investors' efforts to stay a step ahead of the Fed. I will also explore other options from the menu of fixed-income exchange-traded funds, and beyond, that might help investors better manage interest-rate risk in their portfolios.
A swift rise in bond yields in 2018 has sent fixed-income investors scrambling, with major categories of bond exchange-traded funds seeing steep outflows, while other groups have found favor. While flows into bond products remain positive overall—extending a decadelong rotation into fixed-income from stocks—investors have retreated from notable categories, a sign they believe yields could continue rising, which would mean further deterioration in the funds, as prices and yields move inversely to each other. Notably, the yield for the U.S. 10-year Treasury note (XTUP:TMUBMUSD10Y=X) topped 3% on Tuesday and neared its highest level since 2011.
The U.S. president made good on his word and signed two orders imposing tariffs on steel and aluminum imports, while excluding Canada and Mexico as negotiations on the North American Free Trade Agreement (NAFTA) are a work in progress. The decision had ripple effects across the semiconductor sector and prompted investors to act with caution, while ETFs linked to Canada completed the podium. Corporate bonds were sought after as a way to divest from risky assets and emerging markets equities came in last for the week.
The VanEck Vectors Fallen Angel High-Yield Bond ETF (ticker: ANGL) has returned more than 60 percent since its inception in 2012, and has outperformed the iShares iBoxx High Yield Corporate Bond ETF (ticker: ...
If we turn back the clock to before the recession, we find that US debt levels weren’t this high, and unconventional programs like quantitative easing helped the economy recover from the Great Recession. The US Treasury must deal with higher interest rates and borrow more to keep the economy running, and this cycle could turn into a downward spiral unless revenues increase. The US Treasury is the king of the credit markets, and it’s followed by investment-grade (LQD)(VCSH) bonds and junk (JNK) bonds.
Yahoo Finance's Jared Blikre joins Seana Smith from the floor of the New York Stock Exchange to discuss central bankers moving the markets, including statements by Bank of Japan Governor Haruhiko Kuroda, Federal Reserve Bank of Dallas President Robert Kaplan, and European Central Bank President Mario Draghi (who speaks tomorrow morning).
Alan Valdes of Silverbear Capital joins Yahoo Finance's Seana Smith from the floor of the New York Stock Exchange to discuss the latest market moves.