Fixed income investors experienced the pull of rising yields during the first half of 2023, which included attractive options within the municipal bond market. “Most were attracted by strong muni issuer fundamentals, the
Fixed income investors experienced the pull of rising yields during the first half of 2023, which included attractive options within the municipal bond market. “Most were attracted by strong muni issuer fundamentals, the
Tom Lydon, vice chairman of VettaFi, dove into the current environment and outlook for muni investors with David Hammer of PIMCO and Matthew Norton of AllianceBernstein at VettaFi’s Fixed Income Symposium. Today’s macro environment remains complex, and David
Active adds the ability to navigate inefficiencies inherent to the fixed income landscape, according to Sinha. Investors can, for example, pair an active ETF like iShares’ BlackRock Flexible Income ETF (BINC) with
Between traditional higher-quality core bond and riskier high-yield corporate-bond funds lie strategies that offer investors a diversified approach to income generation with higher risk-adjusted return potential.
Attendees were asked numerous questions during the Symposium, and a common theme in their responses led discussions about investment-grade corporate bonds. Last week, VettaFi hosted a virtual three-hour
Robert Michaud: Similar to what investors are missing right now, I think that this highly inverted yield curve is providing a bit of a disconnect from what standard investors are used to, which is having slightly longer-
Celso Munoz, a portfolio manager with Fidelity Investments, said that he thinks “fixed income is incredibly attractive right now.” Per Greenblath, the American Century Multisector Income ETF (MUSI) offers a higher
Morris said that investing directly in Treasuries is “relatively hard to do.” “It’s hard to walk away from a 5% risk-free yield,” Gallegos said.
According to Balchunas, despite a rush back into equities this summer, fixed income ETFs have taken in 41% of flows this year. For rates and fixed income, then, Braun sees rates coming down towards the front end of the yield curve.
Firstly, the iBoxx EUR Sovereigns ESG Tilted Index reflects exposure to the eurozone government debt market by overweighing countries with a positive ESG score 1 and excluding nations in the very high risk category. The iBoxx
From floating-rate notes (FRNs) to Treasury Inflation-Protected Securities (TIPS) and so much more, let’s take a look at Treasuries 101 in advance of this month’s VettaFi’s Fixed Income Symposium . The variety of bills, notes,
The JPMorgan Sustainable Municipal Income ETF (NYSE Arca: JMSI), meanwhile, seeks to deliver current income exempt from federal income taxes by investing in munis with use of proceeds that provide positive social
Carney: Without speaking for others, I think it is a case where investors did not necessarily believe there was a lot of value to be had beyond the Agg. If people just wanted great exposure to the US bond market across
However, with the possibility that interest rates will creep higher and elevate default risk in the high yield space, advisors and investors may want to go beyond basic fixed income strategies. The VanEck CLO ETF (NYSE Arca: