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| BondsOnline.com: instant access to and extensive coverage of over 3.5 million stocks, bonds, indexes and other securities covering major and emerging markets and exchanges across the globe. |
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| Bonds Online |
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| 5/10/2013Market Performance |
| Municipal Bonds |
|---|
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S&P National Bond Index
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3.00% |
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S&P California Bond Index
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2.96% |
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S&P New York Bond Index
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3.13% |
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S&P National 0-5 Year Municipal Bond Index
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0.70% |
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| S&P/BGCantor US Treasury Bond |
400.09 |
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| Income Equities: |
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| Preferred Stocks |
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S&P U.S. Preferred Stock Index
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848.03 |
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S&P U.S. Preferred Stock Index (CAD)
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636.26 |
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S&P U.S. Preferred Stock Index (TR)
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1,701.05 |
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S&P U.S. Preferred Stock Index (TR) (CAD)
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1,276.26 |
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| REITs |
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S&P REIT Index
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174.07 |
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S&P REIT Index (TR)
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425.30 |
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| MLPs |
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S&P MLP Index
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2,469.58 |
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S&P MLP Index (TR)
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5,428.50 |
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See Data
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Under The Hood: Bonds, International Corporate Bonds |
bezinga - June 9, 2011 - By The ETF Professor
When it comes to corporate bond ETFs, for better or worse, the discussion seems to begin and end with the iShares iBoxx $ Investment Grade Corporate Bond Fund (NYSE: LQD). That's not surprising as LDQ is simply the juggernaut of this ETF genre. Almost nine years old, LQD has amassed nearly $14 billion in assets under management.
That's quite studly, but there are other options in the corporate bond arena to consider, particularly for the investor looking for some international exposure. For those craving some global, high-grade corporate bond fare today's “Under the Hood” candidate, the PowerShares International Corporate Bond Portfolio (NYSE: PICB [FREE Stock Trend Analysis]) is worth a look.
As it turns out, PICB celebrated its first birthday last week and in its 53 weeks of trading, the ETF has done pretty well for itself, hauling in nearly $55 million in AUM. With an expense ratio of 0.5% and 168 holdings, PICB focuses on high-grade corporate debt issues denominated in Australian dollars, British pounds, euros, Canadian dollars, Japanese yen and Swedish krona, among other non-dollar currencies.
Along those lines, it should come as no surprise that PICB focuses almost exclusively on developed markets. British corporate bonds account for over 17% of the ETF's weight while France chimes in at over 8%. Italy and Germany both get weights above 7%.
Despite the international bias, PICB is home to bonds from issuers most American investors have at least heard of such as Barclays (NYSE: BCS), Bank of Nova Scotia (NYSE: BNS), France Telecom (NYSE: FTE [FREE Stock Trend Analysis]) and Telefonica (NYSE: TEF).
Read more: http://www.benzinga.com/markets/bonds/11/06/1154966/under-the-hood-bonds-international-corporate-bonds#ixzz1Otjr7PGv
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| Stuff to look at |
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| BondsOnline Advisor |
Income Security Recommendation January 2013 Issue.
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