The 10-year Treasury just hit levels not seen since 2007, and BND holders are sitting on years of losses.
BND has lost ground in price for five years straight, yet something has quietly shifted inside the fund that changes what the next five years could look like for anyone holding it today.
Most investors assume owning multiple funds means owning different things, but a quick look at the actual holdings reveals a much more uncomfortable truth about where all that money is really concentrated.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 465,841 | $34.14M | $32.99M | -$1.16M | -3.38% |
| DI David Izzi Brown, LISLE/CUMMINGS Inc. | 687 | $50,433 | $48,653.34 | -$1,779.66 | -3.53% |
Michelle S. Hickox FIRST FINANCIAL BANKSHARES Inc. | 2.59M | $190.73M | $183.87M | -$6.86M | -3.6% |
Timothy M. Bidwell Hazlett, BURT & WATSON Inc. | 835 | $61,489.4 | $59,138.87 | -$2,350.53 | -3.82% |
Curtis Ellergodt Rothschild Investment LLC | 4,927 | $362,408.22 | $346,860.8 | -$15,547.42 | -4.29% |
| NASDAQ (NMS) Exchange | US Country |
This index represents a comprehensive measurement of the performance of a broad assortment of public, investment-grade, taxable, fixed income securities in the United States. It encompasses a variety of sectors, including government bonds, corporate bonds, and international dollar-denominated bonds, alongside mortgage-backed and asset-backed securities. These securities all share the common characteristic of having maturities greater than one year. The selection process for the fund's investments is carried out through a sampling method. To ensure adherence to its primary focus, at least 80% of its assets are invested in the bonds that constitute the index.
These are secure, investment-grade bonds issued by the government. They are known for their reliability and are considered a safe investment, offering returns at a lower risk compared to corporate bonds.
Issued by corporations, these bonds typically offer higher yields compared to government bonds, reflecting the greater risk associated with corporate operations and financial health.
This type of bond allows investors to gain exposure to international markets while investing in a currency that they may be more familiar with. These bonds can offer diversification benefits to an investment portfolio.
These are investments in a pool of mortgages, providing investors with periodic payments similar to bond coupon payments. They come with a level of risk that depends on the performance of the underlying mortgages.
Similar to mortgage-backed securities, these are bonds or notes backed by financial assets, other than mortgages, that provide regular payments to investors. This can include a wide range of asset types, from car loans to credit card receivables.