Best Fit Corporate Debt Funds ETFs
U.S. News evaluated 68 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 | Good |
| Holdings Diversity | Excellent |
Fund Description
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of an index that tracks the U.S. high yield short term corporate bond market. The fund employs a sampling strategy in seeking to track the performance of the Barclays US High Yield 350mn Cash Pay 0-5 Yr 2% Capped Index. It invests at least 80%, of its total assets in the securities comprising the index or in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The fund is non-diversified.
Fund Snapshot Updated 06.17.2013
| Previous Close | $30.26 | Expense Ratio | 0.40% |
| YTD Return | 2.0% | Avg. 30-Day Volume | 670,558 |
| 1-Year Return | 9.1% | Market Cap | Loading... |
| Bid | $30.43 | Shares Outstanding | 47,100,000 |
| Ask | $30.44 | Dividends | $1.88 |
| Top 10 Holdings | |
|---|---|
| Springleaf Fin Corp (—) | 1.20% |
| Icahn Enterprises Lp/Corp (—) | 1.09% |
| Hbos Plc Sub Mtn 144A (—) | 0.94% |
| Sprint Nextel Corp (—) | 0.92% |
| Harrahs Oper Inc (—) | 0.90% |
| Fmg Resources August 2006 Pty (—) | 0.88% |
| Sabine Pass Lng L P (—) | 0.75% |
| Slm Corp (—) | 0.74% |
| Wind Acquisition Fin Sa (—) | 0.73% |
| First Data Corp (—) | 0.69% |
| % of Total Holdings | 8.80% |
