Investors are flocking to the bond market once more since global equities markets remain roiled by a struggling eurozone and economic slowdowns in the U.S. and China. But income investors searching for short-term safety shelter should consider floating-rate bond ETFs, according to an article on Benzinga.
By using these ETFs, you can gain exposure to so-called “floaters,” which offer rates that reset as the interest rate environment changes and are frequently short-dated, reducing interest rate risk futher, according to the article by the “ETF Professor.” Funds included on the list were:
- iShares Floating Rate Note Fund (NYSEArca: FLOT)
- Market Vectors Investment Grade Floating Rate ETF (NYSEArca: FLTR)
- SPDR Barclays Capital Investment Grade Floating Rate ETF (NYSEArca: FLRN)
For additional details, visit Benzinga.com.