Getting a Fix on Fixed-Income ETFs
Are the newest offerings right for you?
Mentioned: Vanguard Total Bond Market Index Inv (VBMFX)
, iShares Core US Aggregate Bond ETF (AGG)
, Vanguard Inflation-Protected Secs Adm (VAIPX)
, SPDR® Portfolio TIPS ETF (SPIP)
, SPDR® Portfolio Aggregate Bond ETF (SPAB)
, Vanguard Total Bond Market ETF (BND)
, iShares National Muni Bond ETF (MUB)
, SPDR® Nuveen Blmbg Barclays Muni Bd ETF (TFI)
, Invesco National AMT-Free Muni Bd ETF (PZA)
, VanEck Vectors Intermediate Muni ETF (ITM)
The menu of bond ETFs has expanded exponentially in 2007. When 2007 began, investors had six fixed-income ETFs to choose from. Now there are 52 bond ETFs in our database, and more are on the way.
Take a Broad, Diversified Approach
To a large degree, ETF providers have approached the bond market in much the same way that they have other market segments--by slicing and dicing. Many of the domestic bond funds launched this year divide the market into various maturity ranges. Now, choices vary from an ETF that focuses on one- to three-month Treasury bills to one that invests in 10- and 30-year Treasury bonds.
Sonya Morris has a position in the following securities mentioned above: VBMFX. Find out about Morningstar’s editorial policies.