Nuveen and State Street Debut Build America Bond ETF
Unlike most municipal bonds, BABs are taxable and current yields are comparable to corporate bonds, which historically have had a higher default rate than municipal bonds.
New ETF Offerings Hit the Street
It was a busy third quarter for ETF providers, as they introduced new products to meet market demand and round out their fund lineups. State Street...
State Street Launches Preferred Stock ETF
State Street Global Advisors has just launched the SPDR Wells Fargo Preferred Stock ETF (PSK). The new fund is linked to the Wells Fargo Hybrid...
First Convertible-Bond ETF Debuts
The SPDR Barclays Capital Convertible Bond ETF is benchmarked to the Barclays Capital U.S. Convertible Bond >$500MM Index. Convertible bonds are bonds that can be...
Direxion Debuts Leveraged-Bond ETFs
Direxion Funds has just introduced four new ETFs that use triple leverage. The new funds are linked to NYSE Current U.S. Treasury Indexes and their annual expense ratios are 0.95 percent.
Barclays Sells iShares Business for $4.4 Billion
Buyer is private equity firm CVC Capital Partners
State Street Debuts Credit-Bond ETF
Adding to a string of new exchange-traded fund launches, State Street Global Advisors has introduced the SPDR Barclays Capital Intermediate Term Credit Bond ETF (ITR). "With...
Long-Term Bond ETF Launched
The SPDR Barclays Capital Long Term Credit Bond ETF (LWC) has just been introduced by State Street Global Advisors; LWC provides market exposure to long-term (10-plus years) investment grade bonds.
SPDR Sense: State Street ETFs Finds Sucess in a Tough Market
Despite the worst year for stocks since 1931, net inflows into 70 of the 80 SPDR ETFs (87.5 percent) posted positive cash flows during 2008....
New Bond ETF Launched
State Street Global Advisors has just introduced the SPDR Barclays Capital Intermediate-Term Credit Bond ETF (ITR).