Guggenheim Funds Launches Suite Of High Yield BulletShares

Guggenheim, the Chicagoland-based ETF issuer known for its unique sector and international funds, continued the expansion of its fixed income lineup this week with the introduction of four more BulletShares ETFs. The new products will be the first target maturity date ETFs to offer exposure to junk bonds, providing investors with more precise instruments that can be used to fine tune fixed income exposure. The four funds will track high yield bond indexes comprised of debt maturing in 2012 (BSJC), 2013 (BSJD), 2014 (BSJE), and 2015 (BSJF). Guggenheim has longer-dated high yield BulletShares products in registration, but chose to roll out the short-term products first in an environment where investors are growing increasingly concerned about the impact of rising interest rates. Unlike most fixed income ETFs and mutual funds, each of the BulletShares products invests in securities scheduled to mature in a single calendar year. As that year arrives and [...] Click here to read the original article on ETFdb.com. Related Posts: No Related Posts