A press release entitled, "iShares Launches Short Maturity Bond ETF," says, "BlackRock, Inc. announced today that its iShares Exchange Traded Funds (ETFs) business, the world's largest manager of ETFs, has expanded its range of bonds ETFs with the launch of iShares Short Maturity Bond ETF (BATS: NEAR). This actively-managed ETF seeks to maximize income through diversified exposure to short-term bonds, primarily of investment grade. The slow, steady growth of the U.S. economy combined with the possibility of the Fed winding down its bond-buying program has resulted in continued interest rate uncertainty for investors. iShares Short Maturity Bond ETF seeks to reduce investors' exposure to rising interest rates relative to longer duration bond portfolios by maintaining an effective duration of less than one year. The ETF also aims to help investors navigate the current low yield environment by providing exposure to a diversified portfolio of short term, primarily investment grade bonds." The release quotes Matthew Tucker, Head of iShares Fixed Income Investment Strategy, "Investors have traditionally looked to bonds to add diversity, stability and income into their portfolios. But as large areas of the bond market offer little or no yield, and with a period of rising rates likely ahead of us, investors have been rethinking their fixed income portfolio." The release adds, "iShares Short Maturity Bond ETF invests across a broad spectrum of short term fixed income securities with an average duration of one year or less. The fund is managed by BlackRock's Short Duration Portfolio Team, led by Thomas Musmanno, CFA, with more than 20 years' experience managing fixed income portfolios and $55.2 billion under management across multiple products."

Email This Article




Use a comma or a semicolon to separate

captcha image

Daily Link Archive

2024 2023 2022
March December December
February November November
January October October
September September
August August
July July
June June
May May
April April
March March
February February
January January
2021 2020 2019
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2018 2017 2016
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2015 2014 2013
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2012 2011 2010
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2009 2008 2007
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2006
December
November
October
September