Bond

In the last year, exchange-traded fund companies have created a turf war, with new funds looking to steal investment dollars directly from their competitors. Following the same trend, Charles Schwab has filed with the SEC to create three new fixed income ETFs. The three new funds are the Schwab US TIPS ETF, the Schwab Short-Term [...]

Exchange-traded notes have proven popular with investors and issuers alike for providing perfect tracking of favorite stocks, bonds, and even commodities. As the SEC probes into derivatives, these products could become even more popular. The SEC halted the creation of new exchange-traded funds backed by swaps and derivatives, but has held the door open for [...]

State Street has blanketed the fixed income ETF space with a new filing with the SEC for seven funds. The new ETFs will cover some of the most popular fixed-income products currently trading on the stock exchanges. The seven new ETFs are as follows: 1. SPDR S&P Agency Bond ETF 2. SPDR Barclays Capital Corporate [...]

PIMCO, a recent entrant to the ETF business, has changed two popular short term bond funds to allow for longer date bond purchases. The move will allow PIMCO to earn better yields on its holdings. PIMCO Government Limited Maturity Strategy Fund (GOVY) has been revised to allow short-dated purchases up to three years, which is [...]

Rising interest rates from the Federal Reserve are welcomed almost unanimously on Wall Street, with the exception of one major group: bond investors. Higher interest rates could mean plummeting bond prices should the Fed continue to drive rates higher. Investors are increasingly placing bonds, which trade inversely to interest rates, on their portfolio chopping block. [...]

RiverPark, already a sub-adviser for four Grail Advisors ETFs, is seeking to launch two new ETFs under its own brand. In a filing with the SEC, RiverPark contends for a piece of a quickly growing ETF pie. Initially, RiverPark plans to launch just two exchange-traded funds, the RP Short Term High Yield Bond ETF, as [...]

In strengthening its market niche, PIMCO has launched the third addition to its family of actively-managed bond funds. The fund will select top municipal bonds to cater to investors seeking tax-free returns. The PIMCO Short Term Municipal Bond Strategy Fund (SMMU: Quote, Profile, Advanced Chart, News) will track the Barclays Capital 1-3 Year Municipal Bond [...]

PowerShares has filed with the SEC to tap into a highly demanded exchange-traded fund niche. In the filing, four funds, three sector specific bond funds, and one convertible bond fund are outlined to tap into incredible demand for fixed income ETFs. The four funds are as follows: 1. PowerShares Financial Corporate Bond Portfolio 2. PowerShares [...]

After the success of its first actively-managed short maturity fund, PIMCO has released another actively-managed ETF to track the municipal bond markets. PIMCO’s talented John Cummings, executive vice president of PIMCO and head of the municipal bond trading desk, will manage the fund. The new fund trades on the NYSE Arca exchange under the name [...]

iShares has launched a new fund, known as the iShares Diversified Alternatives Trust (ALT: Quote, Profile, Advanced Chart, News), which will help bring costly but profitable trades into the hands of small investors. The fund will utilize trading mechanisms used by large investment banks to generate profits for its smaller investors. The iShares Diversified Alternatives [...]