The Fed, Factor Investing and Fixed Income

NUSA has a 2.81 year effective duration and a 2.88% 30-day SEC yield.

Similarly, NUAG seeks to offer enhanced yield relative to the broad, investment-grade fixed income market with comparable risk and credit quality by reflecting the BofA Merrill Lynch Enhanced Yield US Broad Bond Index (Enhanced Index), which is designed to broadly capture the U.S investment grade fixed income market.

Rather than weighting by capitalization, the Enhanced Index assigns component securities into a variety of categories based upon asset class, sector, credit quality, and maturity, and then uses a rules-based methodology to allocate higher weights to categories with the potential for higher yields without significantly increasing risk or decreasing credit quality.

NUAG has a 6.29 year effective duration and a 3.22% 30-day SEC yield.

Financial advisors who are interested in learning more about factor-based bond investments can register for the Thursday, August 9 webcast here.