ProShares Talks About New Bond ETF

ProShares recently launched the ProShares S&P 500 Bond ETF (NYSEArca: SPXB), which has a 0.15% expense ratio.

Here is a clip from Fox Business of ProShares Head of Investment Strategy Simeon Hyman on the firm’s latest bond ETF.

ProShares has rolled out the first bond ETF that focuses solely on S&P 500 issuers to help investors gain exposure to high quality, liquid corporate debt on the market.

To read more about it check out: The First Bond ETF Solely Comprised of S&P 500 Issuers.

To learn more about bonds in general check out: Learn About Bonds in 1 Minute.