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 | Excellent |
| Tracking Error | Good |
| Bid/Ask Ratio | Typical |
| Holdings Diversity | Good |
Fund Description
The investment seeks to track the performance of a market-weighted corporate bond index with a short-term dollar-weighted average maturity. The fund employs an indexing investment approach designed to track the performance of the Barclays U.S. 1-5 Year Corporate Bond Index. This index includes U.S. dollar-denominated, investment-grade, fixed-rate, taxable securities issued by industrial, utility, and financial companies, with maturities between 1 and 5 years. At least 80% of the fund's assets will be invested in bonds included in the index.
Fund Snapshot Updated 05.23.2013
| Previous Close | — | Expense Ratio | 0.15% |
| YTD Return | 0.7% | Avg. 30-Day Volume | 595,668 |
| 1-Year Return | 4.1% | Market Cap | Loading... |
| Bid | $80.36 | Shares Outstanding | 75,100,000 |
| Ask | $80.38 | Dividends | $1.64 |
| Top 10 Holdings | |
|---|---|
| Barclays Bk Plc (—) | 4.32% |
| Pnc Bk N A Pittsburgh Pa (—) | 4.12% |
| Morgan Stanley (—) | 3.82% |
| General Elec Cap Corp Mtn Be (—) | 3.74% |
| Interpublic Group Cos Inc (—) | 3.37% |
| Pitney Bowes Inc Glbl Mtn (—) | 3.35% |
| Arden Rlty Ltd Partnership (—) | 2.71% |
| Bank New York Mtn Bk Ent (—) | 2.64% |
| Lg&E & Ku Energy Llc (—) | 2.60% |
| Enbridge Inc (—) | 2.53% |
| % of Total Holdings | 33.20% |
