|Bid||46.17 x 1000|
|Ask||47.11 x 800|
|Day's Range||46.25 - 46.29|
|52 Week Range||44.37 - 47.39|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||-0.27|
|Expense Ratio (net)||0.70%|
One of the benefits of owning a portfolio that's composed of exchange-traded funds is that you shouldn't have to make significant changes, if any, especially if you've populated your portfolio with broad, low-cost index trackers. My assumption is that investors will do their own rebalancing to stay in sync with their asset-allocation frameworks. Thus, I'll make changes only if one of the holdings has experienced a substantive change.
The evolution of fixed income in the exchange-traded fund (ETF) space has undoubtedly opened doors for investors to provide easy access to this asset class. Now, investors have a plethora of options when ...
ETF investments provide advisors and investors with an idea of currently trending global investment themes popping up in a changing market environment. On the recent webcast, ETF Flash Flows: Where Are ...
In 2018, US-listed fixed income ETFs added a combined $97 billion in new assets, accounting for about 31% of all ETF inflows last year. Investors are extending their affinity for bond ETFs this year. As of Friday, Feb. 22 nd , seven of the top 10 asset-gathering ETFs on a year-to-date basis are fixed income funds.
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.
The floating rate component of a senior secured bank loan ETF should have been an attractive attribute of this high-yielding fixed-income strategy, but investors have been exiting the play in droves this ...
About two weeks ago, the Federal Reserve continued its trek towards higher interest rates, raising the federal funds rate for a third time this year by 25 basis points to its current level of 2.25 with possibly more to come as incoming data continues to support economic growth. This rise in rates has wreaked havoc on fixed-income ETF portfolios, according to data extrapolated by Matthew Bartolini, Head of SPDR Americas Research, but there are ways to shore up this offense of rising rates with a strong defense. Fixed-income exchange-traded funds (ETFs) have given nascent and seasoned bond investors alike an opportunity to allocate capital into the bond markets under the guise and benefits of an ETF wrapper.
Bond investors should consider the current status of the fixed-income environment and look ways to incorporate ETFs as a means to effectively harvest potential losses. On the recent webcast (available On Demand for CE Credit), Tax Loss Harvesting: What You Need to Know, Matthew Bartolini, Vice President and Head of SPDR Americas Research at State Street Global Advisors, illustrated a current fixed-income market environment where the yield curve has flattened. The Federal Reserve is slowly lifting the short end of the curve through interest rates hikes, and the markets are anticipating at least two more hikes before the year ends.
In building a diversified investment portfolio, some active money managers are also adopting actively managed exchange traded fund strategies as more become acquainted with the benefits of the ETF investment vehicle. For example, the actively managed SPDR Blackstone/GSO Senior Loan ETF (SRLN) is finding fans among Eaton Vance Corp. and Wellington Management Group, reports Rachel Evans for Bloomberg. Blackstone/GSO, which subadvises SRLN, is backed by one of the largest senior loan asset managers in the world.
In 1974, Muhammad Ali coined one of his famous phrases "Float like a butterfly, sting like a bee - his hands can't hit what his eyes can't see," with reference to his prizefighting ability before his upcoming bout with then-undefeated boxer George Foreman at "The Rumble in the Jungle." Fixed-income investors can apply this mentality to the current economic landscape where the propensity for rate hikes by the Federal Reserve can tamp down income provided by bonds--unless investors hit back with fixed-income investments that feature a floating rate component. Rather than invest directly in the bonds themselves, investors can opt for an exchange-trade fund that invests in loans that feature floating rates like the SPDR Blackstone/GSO Senior Loan Portfolio (SRLN) .
The SPDR Blackstone/GSO Senior Loan ETF (SRLN) brings active management to senior loans, a corner of the fixed income market that can benefit investors are interest rates increase. The Federal Reserve has already raised rates twice this year and many bond market observers expect the Fed do so again at its September and December meetings. Due to their floating rate component, bank loans are seen as an attractive alternative to traditional high-yield corporate bonds in a rising rate environment.
Turkey continues to face mounting pressure on its bonds, which has caused the country to replace Argentina as the worst performer for bond investors, according to a report by Bloomberg. The benchmark Turkey 10-year bond yield has risen by over 55% since May to its current level of 18.22 as of 2:00 p.m. ET. In addition, Turkey’s stock index is the worst-performing of the major global markets thus far this year.
Due to their floating rate component, bank loans are seen as an attractive alternative to traditional high-yield corporate bonds in a rising rate environment. Bank loan securities allow their interest ...
Rising interest rates can be a bane for dividend stocks and high-yielding, income-oriented sectors, but there is some positive news in the 2018 dividend outlook. Through the first half of the year, approximately 40% of S&P 500 member firms boosted dividends, potentially making some of the best funds to buy in the dividend landscape all the more attractive. Looked at differently, some of the best funds to buy need to show investors that dividend stocks are worth the extra risk relative to safer U.S. government debt.
Fixed-income ETF investors should look into the opportunities in the short-end of the yield curve to generate income while mitigating duration risk and consider ways to blend active and passive exposures ...
In some corners of the fixed income universe, investors can benefit from adding active management to the equation. Due to their floating rate component, bank loans are seen as an attractive alternative to traditional high-yield corporate bonds in a rising rate environment. Bank loan securities allow their interest rate to shift, or float, along with the rest of the market, whereas a fixed interest rate stays constant until maturity.
As the Federal Reserve continues to tighten its monetary policy, fixed-income investors will have to adapt their portfolios to the changing interest rate environment. On the upcoming webcast Wednesday, ...