Fixed income has historically outperformed equities during crises like the tech bubble burst and the Great Financial Crisis, driven by wide valuation differentials and a risk-off sentiment. Current conditions, including high equity valuations, a risk-off sentiment, and a favorable inflation trajectory, suggest bond ETFs like BNDW may outperform equities on a risk-adjusted basis. Despite potential headwinds from monetary policy and fiscal changes, fixed income offers high yields with minimal capital loss risk, making it a strong portfolio hedge.
![]() BNDW In 1 weeks Estimated | Monthly | $0.18 Per Share |
![]() BNDW 3 weeks ago Paid | Monthly | $0.18 Per Share |
![]() BNDW 4 months ago Paid | Monthly | $0.17 Per Share |
![]() BNDW 5 months ago Paid | Monthly | $0.19 Per Share |
![]() BNDW 7 months ago Paid | Monthly | $0.79 Per Share |
![]() BNDW 7 months ago Paid | Monthly | $0.18 Per Share |
![]() BNDW In 1 weeks Estimated | Monthly | $0.18 Per Share |
![]() BNDW 3 weeks ago Paid | Monthly | $0.18 Per Share |
![]() BNDW 4 months ago Paid | Monthly | $0.17 Per Share |
![]() BNDW 5 months ago Paid | Monthly | $0.19 Per Share |
![]() BNDW 7 months ago Paid | Monthly | $0.79 Per Share |
![]() BNDW 7 months ago Paid | Monthly | $0.18 Per Share |
NASDAQ (NMS) Exchange | US Country |
The fund operates as a fund of funds with a strategic approach centered on indexing investment, aiming to mirror the performance of a bespoke, USD-hedged index. This index meticulously tracks the market capitalization weights across the global investment-grade bond market. To achieve its investment objectives, the fund integrates two primary indices within its operations - the Bloomberg U.S. Aggregate Float Adjusted Index and the Bloomberg Global Aggregate ex-USD Float Adjusted RIC Capped Index. These components are crucial in providing a comprehensive surveillance of the investment-grade bond domain, thereby enabling the fund to offer a diversified and competitive investment product.
The fund's investment strategy leverages a diversified portfolio approach through its distinct products and services, which include:
This strategy is at the heart of the fund's operations, where it invests in a collective of other funds rather than direct investments in stocks, bonds, or other securities. This approach allows for broad exposure to various markets and instruments, potentially reducing risk while aiming to track the composite index's performance.
Adopting an indexing investment strategy, the fund aims to replicate the composition and performance of its benchmark index. It is a passive investment strategy that attempts to minimize turnover and management costs, making it an efficient way to gain exposure to the investment-grade bond markets globally.
The core of the fund's product offering is its ability to track the investment-grade bond market on a global scale, with a USD-hedged mechanism. This involves adjusting the portfolio to neutralize the impact of currency fluctuations, thereby aiming to protect against currency risk while offering investors exposure to global bond markets.
The fund utilizes two significant Bloomberg Indices - the Bloomberg U.S. Aggregate Float Adjusted Index and the Bloomberg Global Aggregate ex-USD Float Adjusted RIC Capped Index. These indices enable the fund to access a broad range of investment-grade debt securities, including government, corporate, and securitized fixed-income investments across the U.S. and global markets excluding the U.S., respectively.