New Corporate Bond ETF – CBND «

New Corporate Bond ETF – CBND

Yesterday we had a new high yield municipal bond ETF from SSgA and today we have a new corporate bond ETF from them as well…

•CBND – SPDR Barclays Capital Issuer Scored Corporate Bond ETF
The new bond ETF is a SPDR that tracks the Barclays Capital Issuer Scored Corporate Index. According to State Street, the index consists of issues that are rated investment grade and have $250 million or more of par amount outstanding. Individual issuers in the Index are weighted using the following quantitative measures: return on assets, interest coverage and current ratio. Rebalancing based on these ratios occurs every six months on the last business day of March and September.

As of today, CBND is trading around $30.26. And to see similar types of ETFs, I have some lists for you…


  • New ETFs From Scottrade - No Brokerage Fees

    There's no doubt that there are more exchange traded products now than ever.

    classy, black-and-white Corsair Graphite 600T case that says sci-fi, not hot rod. I want to get like eight of these things, ...
    Read More
  • 14 ETF Trading Strategies

    You may have heard of ETFs and some of you even have them in your portfolios, but not many investors are aware of the diverse ETF trading strategies these assets have to offer.

    Read More