|Bid||123.60 x 4000|
|Ask||124.86 x 2900|
|Day's Range||124.09 - 124.27|
|52 Week Range||111.25 - 124.96|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||1.39|
|Expense Ratio (net)||0.15%|
With the extended bull run raging on, it's been a boon for high yield fixed income investors where a risk-on environment has been fueling gains within the riskier bond classes. With the high yield market getting more risky, it's necessary for investors to shed some of that risk and get more strategic with their capital allocation. "As a credit debt holder, you've got no upside, you only have downside [at this point]," said Pilar Gomez-Bravo, director of fixed income Europe for MFS Investment Management.
The U.S. economy is decelerating, but corporate America is carrying trillions of dollars in debt on its books. Is that a problem?
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.
Investors continue searching for sources of yield beyond government bonds, a trend that is stoking inflows to fixed-income exchange-traded funds (ETFs) tracking debt that is a little more exciting than U.
With more expecting the Federal Reserve to cut interest rates ahead, exchange traded funds that track long-term debt are beginning to pick up steam as investors hunt for attractive income in a lower-for-longer yield environment. Investors and analysts highlighted the worsening projections for growth as a catalyst for the Federal Reserve to its loosening monetary policy outlook instead of tightening it. Sentiment for a rate cut picked up Wednesday and Thursday after the Fed held rates steady but signaled a possible cut in the months ahead to combat the weakening effects of a prolonged trade war.
Morningstar, Inc., a leading provider of independent investment research, recently reported estimated U.S. mutual fund and exchange-traded fund (ETF) fund flows for May 2019. Overall, passive U.S. equity ...
As a result, high yield has underperformed lately as investors flocked to the safer confines of quality oriented assets like investment-grade debt issues. "The market was clearly pricing in a good chance of a trade deal in May and that did not happen," said Todd Schomberg, senior portfolio manager for Invesco Fixed Income. "I wouldn't call it a full-blown flight to quality," said John Hollyer, principal and global head of Vanguard Fixed Income Group.
Investors can take a look at exchange traded fund flows to see how markets respond to the developing global trade war. “Participation through ETFs has trended higher in the last month, aligning with escalation ...
“Sell in May” saw investor capital go away from equity exchange-traded funds (ETFs) during that month. It was the largest monthly outflow in history for equity ETFs, which reached a record $19 billion, ...
U.S. equities rallied in 2019, but for investors who are just starting to get back into the stock market after a tumultuous year-end to 2018 could have missed the meat of the move. As such, lower equity ...
Depending on your stage of life or the asset allocation in your portfolio, bonds may be a solid choice to provide fixed-income stability and a hedge against more risky equity investments. Interest rates have been historically low for many years, making the gold standard, U.S. Treasuries, less attractive. Fortunately, there are a number of high-quality investment-grade corporate bond exchange-traded funds (ETFs) that are comparatively inexpensive and highly liquid.
Limitation on the deductibility of state and local taxes (the SALT deduction) from federal taxes and limited supply are favoring muni ETFs.
Heading into this year, there was plenty of chatter and concern about a potential raft of downgrades for BBB-rated corporate debt, or the corporate bonds with the lowest investment-grade ratings. Bonds ...
The U.S. economic growth in the first quarter breezed past expectations and marked the best first-quarter growth in four years. These ETF areas should gain from this momentum.
After years of racking up debt on their balance sheets, investment-grade companies bloated with leverage could start going on a diet.
Heading into this year, there was plenty of chatter and concern about a potential raft of downgrades for BBB-rated corporate debt, or the corporate bonds with the lowest investment-grade ratings. The iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD), the largest investment-grade corporate bond exchange traded fund, devotes about 51 percent of its weight to BBB-rated debt. LQD seeks to track the investment results of the Markit iBoxx USD Liquid Investment Grade Index composed of U.S. dollar-denominated, investment-grade corporate bonds.
The exchange-traded fund marketplace is littered with a variety of terms and acronyms that have left many investors in want of a user's manual. From time to time, it is worth going back to basics to better understand the ins and outs of ETFs' mechanics to help investors use them to their best advantage. If the fund uses physical replication to track its benchmark (that is, it owns securities, not derivatives), the assets are the component securities (or a sampling thereof) of its benchmark index, any accrued income generated through securities lending, and some cash.
To say 2018 was an interesting year for fixed income investors is probably an understatement. While some fixed income market observers believe the Fed will slow its pace of rate hikes this year and some believe there will not be any rate increases at all, the new year brings new challenges and opportunities for bond ETF investors.
There's been a boom in bond ETFs. Assets have skyrocketed to $1 trillion and BlackRock predicts they'll double in just four and a half years. BlackRock's iShares also happens to be the biggest player in ETFs overall. iShares fixed income strategist at BlackRock, Jon Rather, talks with Yahoo Finance's Julie Hyman, Adam Shapiro and Sibile Marcellus.