IShares has a 2024 case study on their term defined bond ETFs (link: https://www.ishares.com/us/literature/p ... -en-us.pdf).
Most were close to their initial YTM less fees but the High Yield bonds were not (over at least 100 negative basis points difference), potentially due to inopportune buying/selling of bonds after the initial tranche along with a few defaults - IShares does not go into detail as to why.
Most were close to their initial YTM less fees but the High Yield bonds were not (over at least 100 negative basis points difference), potentially due to inopportune buying/selling of bonds after the initial tranche along with a few defaults - IShares does not go into detail as to why.
Statistics: Posted by cvn74n2 — Fri Nov 28, 2025 12:42 am — Replies 38 — Views 3744