Limit Interest Rate Exposure with Defined-Maturity Bond ETFs
June 04, 2013 at 18:30 PM EDT
As interest rates rise, long-term bond investors can take a look at target-date, defined-maturity or target-maturity bond exchange traded funds to limit interest-rate exposure. Target maturity bond ETFs track a group of bonds that are expected to mature in a given year, collect on the bonds’...