Guggenheim expands suite of high yield defined-maturity BulletShares ETFs

Apr 26th, 2012 | By | Category: Fixed Income

Guggenheim Investments has launched three new high yield corporate bond BulletShares ETFs on the NYSE Arca: the Guggenheim BulletShares 2016 High Yield Corporate Bond ETF (BSJG), the Guggenheim BulletShares 2017 High Yield Corporate Bond ETF (BSJH) and the Guggenheim BulletShares 2018 Corporate Bond ETF (BSJI).

Guggenheim expands suite of high-yield target date BulletShares ETFs

Guggenheim Investments has expanded its suite of defined-maturity high-yield corporate bond BulletShares ETFs.

The funds are part of Guggenheim’s suite of defined-maturity BulletShares ETFs, which now have over $1 billion in total assets.

“BulletShares provide a cost-effective approach to bond laddering,” said William Belden, head of product development for Guggenheim Investments. “Advisers are increasingly looking for ways to use high-yield corporate bonds to diversify their clients’ portfolios, and these ETFS are a unique solution.”

“Advisers are using BulletShares ETFs to provide the benefits of liquidity and transparency, and we are committed to growing this suite,” said William Belden, head of product development for Guggenheim Investments. “We’ve found that there is strong demand for longer maturity dates to use in portfolio construction so we’re pleased to expand the line-up to meet their needs.”

The Guggenheim BulletShares suite includes fixed income defined-maturity corporate bond and high yield corporate bond ETFs. Advisers are easily able to construct laddered bond portfolios designed to meet their clients’ specific maturity profiles, risk preferences and investment goals.

BulletShares track indices of approximately 56 to 200 corporate bonds with effective maturities in the same calendar year as each fund’s maturity, with maturity dates ranging from 2012 to 2020 at this time.

Overall, Guggenheim Investments total ETP assets under management are nearly $12 billion as of 31 March 2012. The firm currently ranks eighth in AUM among US ETF providers.

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