Currently, investors can select from a range of maturity-date bond ETFs from BlackRock’s iShares and Guggenheim Investments that cover investment-grade corporates, junk and municipal bonds, which provide investors with varying degrees of risk preferences and investment goals.
Guggenheim’s suite of BulletShares bond ETFs include target maturity dates as far out as 2022 on corporate debt and 2020 on junk debt. The Guggenheim BulletShares 2022 Corporate Bond ETF (NYSEArca: BSCM) has a 3.3% 30-day SEC yield and the Guggenheim BulletShares 2020 High Yield Corporate Bond ETF (NYSEArca: BSJK) has a 4.57% 30-day SEC yield. BSCM is up 3.2% and BSJK is up 2.9% year-to-date.
The iShares line includes muni and corporate bonds that mature up to the iShares 2019 AMT-Free Muni Term ETF (NYSEArca: MUAH) and iSharesBond Mar 2023 Corporate Term ETF (NYSEArca: IBDD). MUAH has a 0.99% 30-day SEC yield and IBDD has a 2.52% 30-day SEC yield.
For more information on target-maturity bonds, visit our target-date ETFs category.