PIMCO's Vineer Bhansali says investors should consider active ETFs over traditional indexed vehicles because the latter are carrying very low yields and few prospects for price gains.
ETFs allow fixed-income investors to put money into markets that were previously inaccessible, but the abundance of funds can complicate the decision-making process, says Wela Strategies' Mitch Reiner.
Sage's Rob Williams says such income strategies offer the benefits of investing outside the bondmarket altogether and into REITs, MLPs, and dividend-paying stocks.
Eye-popping yields are scarce for many bondETFs , but Morningstar's Sam Lee points out some attractive funds that focus on corporates, emerging markets, and Europe.
Vanguard principal and ETF strategist Joel Dickson responds to worries that increased passive investing has led to more market volatility and that ETFs cause investors to gamble with their portfolios.
Although investors may remain broadly skeptical of equity markets, asset flow data suggest they could be taking more risk than expected in other asset classes.
Vanguard's Joel Dickson weighs the similarities and differences between the two vehicles, commenting on tax advantages, trading flexibility, dividend reinvestment, and more.