|Bid||23.31 x 1100|
|Ask||23.45 x 900|
|Day's Range||23.37 - 23.38|
|52 Week Range||22.37 - 23.97|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||7.08%|
|Beta (3Y Monthly)||-0.34|
|Expense Ratio (net)||0.25%|
When it comes to an economic downturn, small companies without an S&P Global Rating could be hit first, according to S&P Global Market Intelligence. A credit rating signals a company's ability to repay its debt and those without the rating could potentially be in a world of hurt. "The unrated entities are like the canary in the mine," said Michelle Cheong, Director at S&P Global Market Intelligence. At the height of the extended bull market, risky less-than-investment-grade bonds were in vogue with their attractive yields, particularly in a rising rate environment, but BBB bonds that are on the cusp of high yield status could be facing a liquidity crisis, according to a recent CNBC report.
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 ...
The Federal Reserve raised the interest rates by another 25 basis points on Wednesday, which should put a damper on gains for international markets with a stronger dollar, but that shouldn't discourage investors from allocating capital overseas. "It's a trade that America isn't fundamentally really doing," said Rob Bush, Head of U.S. Product Strategy at DWS Group. Investing overseas without currency hedging would be akin to flying blind.
At the height of the extended bull market, risky less-than-investment-grade bonds were in vogue with their attractive yields, particularly in a rising rate environment, but BBB bonds that are on the cusp of high yield status could be facing a liquidity crisis, according to a recent CNBC report. As the volatility seen has been racking the stock markets as of late, it has also affected the bond markets, particularly liquidity--the ability purchase and sell an asset within a reasonable amount of time. BBB bond markets are especially susceptible because institutional investors, who carry war chests full of capital that aid in liquidity, aren't able to invest in these bonds if they become high yield or "junk" issues.
The 2018 Midterm Election provided the necessary rally for U.S. equities after washing investors through October's volatility machine, but this continues to persist in the capital markets as the Dow Jones Industrial Average began Monday with a 600-point loss as it struggles to recover on Tuesday--a sign that investors should give bonds a closer look--fixed-income exchange-traded funds (ETFs) in particular. The sell-offs in October was partly to blame as a confluence of these factors could signal that the environment for fixed-income investors will only get more complex. Maybe, but maybe it isn't so wise for investors to dismiss bonds outright," wrote Goldberg.
Infrastructure spending—it’s one of the few things, if any, that Democrats and Republicans can agree on, but with the newly-divided Congress, can this fuel municipal bonds exchange-traded funds (ETFs) ...
Some fixed income exchange traded funds are languishing amid the Federal Reserve's 2018 rate tightening plans, prompting investors to depart some longer-dated, traditional bond ETFs. “Despite growing demand ...