Not exact matches
The fund, which aims to keep the average
duration under 1
year,
targets only investment - grade securities.
The fund has no
targeted maturity, but does
target a
duration within 10 % of the Bloomberg Barclays U.S. Corporate Investment Grade Bond Index, which as of the end March was 7.5
years.
Cloaking the Earth from the view of aliens would require firing a 30 - megawatt monochromatic laser once per
year towards the
targeted star system for the
duration of our planet's transit across the sun — something not nearly as difficult as it may sound.
As a result of the S&P STRIDE Index Series methodology, the index weight of near - dated S&P STRIDE Indices are heavily allocated to a mix of U.S. TIPS matching the
duration of retirement income for the respective
target year.
This $ 205,040 futures gain has the effect of a 27 %
duration target reduction ($ 205,040 / $ 756,905.35), which is even further off your
target than the 10 -
year T - note futures result.
You can visit the website for Claymore's 1 — 5
Year Laddered Corporate Bond ETF (CBO) and learn that it has a
duration of 3.07, which makes it comparable to the RBC
Target 2014 ETF.
The
duration of the combined TIPS indices is matched monthly to the
duration of a hypothetical retirement income cash flow stream that begins at the
target date and lasts for 25
years.
An equally weighted portfolio of corporate
target date ETFs in
years 2014, 2015 and 2016 had a
duration of just under 2
years and a mean yield of under 1 %.
The fund, which aims to keep the average
duration under 1
year,
targets only investment - grade securities.