Best Fit Specialty: Fixed Income ETFs
U.S. News evaluated 10 Specialty: Fixed Income ETFs and 2 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 | Excellent |
Fund Description
The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Barclays US Floating Rate Note < 5 Years Index (the "underlying 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 underlying index. The underlying index measures the performance of U.S. dollar-denominated, investment-grade floating rate notes. The fund is non-diversified.
Fund Snapshot Updated 05.21.2013
| Previous Close | $50.54 | Expense Ratio | 0.20% |
| YTD Return | 0.4% | Avg. 30-Day Volume | 315,336 |
| 1-Year Return | 2.8% | Market Cap | Loading... |
| Bid | $50.68 | Shares Outstanding | 32,400,000 |
| Ask | $50.69 | Dividends | $0.43 |
| Top 10 Holdings | |
|---|---|
| Commonwealth Bk Australia 144A (—) | 1.71% |
| J P Morgan Chase & Co Mtn Be (—) | 1.58% |
| Citigroup Inc (—) | 1.37% |
| Wells Fargo & Co New (—) | 1.36% |
| Kreditanstalt Fur Wiederaufbau (—) | 1.35% |
| National Australia Bk Ltd 144A (—) | 1.28% |
| Goldman Sachs Group Inc (—) | 1.26% |
| Intl Bk Recon Dev Mtns Be (—) | 1.20% |
| Citigroup Inc (—) | 1.16% |
| Jpmorgan Chase & Co (—) | 1.14% |
| % of Total Holdings | 13.40% |
