|Bid||34.54 x 800|
|Ask||34.59 x 1200|
|Day's Range||34.54 - 34.61|
|52 Week Range||32.70 - 34.61|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||0.74|
|Expense Ratio (net)||0.07%|
As investors take an overhead view of the global fixed-income landscape, many are taking into account the changing market conditions and adapting to the changes by creating a diversified bond portfolio. Growth has weakened in most major economies and financial conditions have tightened going into 2019 as investors grew increasingly concerned about the end of the post-crisis economic expansion that has extended for a decade. Consequently, investors should expect increased near-term volatility.
As the ETF industry grows and matures, investors are gravitating toward specific areas of interest and targeted investment strategies. “I think what we are already seeing – costs matter. We continue to see that,” Susan Thompson, Head of SPDR Americans Distribution for State Street Global Investors, said at Inside ETFs.
Many fixed-income investors are concerned about the Federal Reserve's tighter monetary policy with interest rate hikes during the end of a traditional economic cycle. For example, the SPDR Portfolio Intermediate Term Corporate Bond ETF (SPIB) shows a 4.22 year adjusted duration and comes with a 3.92% 30-day SEC yield. On the other hand, if investors were to move down the yield curve a little bit, the SPDR Portfolio Short Term Corporate Bond ETF (SPSB) has a 1.8 year duration and a 3.46% 30-day SEC yield.
In a rising interest rate environment, fixed-income assets typically fall out of favor. However, after the recent sell-off, corporate bonds and related exchange traded funds have attracted more attention, ...
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.
With the end of the tax year a few months away, it is never too early to plan ahead with exchange traded funds. On the upcoming webcast, Tax Loss Harvesting: What You Need to Know, Matthew Bartolini, Vice ...