|Day Lo||-||Day Hi||-|
This ETF focuses on investment grade corporate debt that is scheduled to mature in 2018, giving investors a tool to obtain very targeted fixed income exposure. BSCJ will behave in the same way as an individual bond would; the interest rate risk will decline over time, and there will ultimately be a return of the initial investment when the underlying bonds mature and the portfolio converts to cash. That makes BSCI unique from the majority of fixed income ETFs that maintain a relatively constant effective duration and operate in perpetuity. While BSCI delivers an experience similar to that of investing in an individual bond, it also brings the immediate diversification across issuers and sectors that can dramatically reduce overall risk. BSCI can be useful in a number of different ways. For investors planning against future obligations, the known maturity date on this position may allow them to match assets with liabilities. BSCI can also be useful as a tool for fine tuning interest rate exposure for investors aiming for a specific duration on their fixed income portfolio. In addition to BSCI, Guggenheim offers a lineup of several other target maturity date corporate bond ETFs maturing in various years.
The adjacent table gives investors an individual Realtime Rating for BSCI on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Corporate Bonds with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.View the Category Report
The following tables and charts contain in-depth metrics for this ETF and compare it to similar peer ETFs within its ETFdb Category.
|Agency Mortgage Backed||0.0%|
|Commercial Mortgage Backed||0.0%|
|Non Agency Residential Mortgage Backed||0.0%|
|Cash And Equivalents||0.0%|
|US Municipal Tax Advantaged||0.0%|
|0% to 1%||2.12%|
|1% to 2%||39.13%|
|2% to 3%||20.13%|
|3% to 4%||3.37%|
|4% to 5%||2.44%|
|5% to 6%||17.35%|
|6% to 7%||11.15%|
|7% to 8%||3.32%|
|8% to 9%||0.5%|
|9% to 10%||0.2%|
|Greater Than 10%||0.28%|
|Less Than 1 Year||0.0%|
This ETF is currently available for commission free trading on the following platforms: (Charles Schwab)
There are 22 other ETFs in the Corporate Bonds ETFdb Category that are also eligible for commission free trading:
This section shows how this ETF has performed relative to its peer group ETFdb Category.
The following charts can be customized to display historical performance in a number of different formats, including line charts, bar charts, and candlesticks. Time periods can be adjusted to increase or decrease the period shown, ranging from five minutes to several months.
The following chart also includes the option to compare the performance of BSCI relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.
This section shows how the volatility of this ETF compares to the peer group ETFdb Category.
2014 Morningstar, Inc. All Rights Reserved. The information contained herein: ( 1 ) is proprietary to Morningstar and/or its content providers; ( 2 ) may not be copied or distributed; and ( 3 ) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.