Amidst the broad-based equity sell-off in recent sessions, we have seen increased “flight” to fixed-income ETF products, as well as price appreciation.
Exchange traded fund issuer Guggenheim released a number of fixed-income ETFs last year known as “BulletShares,” which are positioned as “defined maturity” ETFs consisting of investment grade or high-yield corporate bonds.
These are unique in the ETF fixed-income space in that they track corporate bond indices that have effective maturities in the same calendar year as each fund’s individual maturity.
Those looking for steady streams of income through monthly distribution as well as a very transparent concept of maturity in each portfolio that one owns through these ETFs, may find these BulletShares both unique and appealing.
Guggenheim’s BulletShares 2012 Corporate Bond (NYSEArca: BSCC) is one such member of this product lineup as is BulletShares 2011 Corporate Bond (NYSEArca: BSCB), BulletShares 2013 Corporate Bond (NYSEArca: BSCD), BulletShares 2014 Corporate Bond (NYSEArca: BSCE), BulletShares 2015 Corporate Bond (NYSEArca: BSCF), BulletShares 2016 Corporate Bond (NYSEArca: BSCG), and BulletShares 2017 Corporate Bond (NYSEArca: BSCH).
Guggenheim BulletShares 2012 Corporate Bond