A Nifty Alternative Among Bond ETFs
April 21, 2017 - 11:17am
Interest rates are expected to continue rising in the United States with many market observers believing the Federal Reserve will follow up its March interest rate increase with one or two more rate hikes later this year. However, income investors are still looking for yield beyond U.S. government debt.
Plenty of fixed income exchange-traded funds can help investors with that objective, including the iShares U.S. Credit Bond ETF (NYSE: CRED). Often overlooked in the investment-grade corporate bond ETF conversation, CRED is neither young nor small. CRED turned 10 years old in January and has over $1.3 billion in assets under management.
Crooning Over CRED
CRED follows the Bloomberg Barclays U.S. Credit Bond Index, which is “composed of U.S. dollar-denominated, investment-grade corporate, sovereign, supranational, local authority and non-U.S. agency ...Full story available on Benzinga.com
Continue reading this article »