Best Fit Corporate Debt Funds ETFs
U.S. News evaluated 67 Corporate Debt Funds ETFs and 34 make our Best Fit list. Our list highlights the best passively managed funds for long-term investors. Rankings are assigned based on comparisons with Best Fit funds in this category.
| Best Fit Scorecard | |
|---|---|
| Costs | Good |
| Tracking Error | Good |
| Bid/Ask Ratio | Typical |
| Holdings Diversity | Excellent |
Fund Description
The investment seeks investment results that correspond generally to the price and yield performance of the Markit iBoxx® USD Liquid High Yield Index. The fund generally invests at least 90% of its assets in the securities of the underlying index and in investments that provide substantially similar exposure to the securities in the index. The underlying index is a rules-based index consisting of liquid U.S. dollar-denominated, high yield corporate bonds for sale in the United States, as determined by the index provider. The underlying index is designed to provide a broad representation of the U.S. dollar-denominated liquid high yield corporate bond market.
Fund Snapshot Updated 05.22.2013
| Previous Close | $95.18 | Expense Ratio | 0.50% |
| YTD Return | 4.0% | Avg. 30-Day Volume | 3,351,546 |
| 1-Year Return | 14.5% | Market Cap | Loading... |
| Bid | $95.15 | Shares Outstanding | 166,100,000 |
| Ask | $95.17 | Dividends | $6.02 |
| Top 10 Holdings | |
|---|---|
| Sprint Nextel Corp (—) | 0.55% |
| Hca Inc (—) | 0.47% |
| First Data Corp (—) | 0.46% |
| Cit Group Inc (—) | 0.46% |
| Springleaf Fin Corp (—) | 0.43% |
| Reynolds Group Issuer Llc (—) | 0.38% |
| Dish Dbs Corp (—) | 0.37% |
| First Data Corp (—) | 0.36% |
| Reynolds Group Issuer Llc (—) | 0.36% |
| Hca Inc (—) | 0.36% |
| % of Total Holdings | 4.20% |
