MBBB

VanEck Moody's Analytics BBB Corporate Bond ETF

$21.66

+0.00%

Market closed. Last update: 10:50 PM ET

📎 Investment Objective

The VanEck Moody's Analytics BBB Corporate Bond ETF (MBBB) seeks to track the performance of the Moody's Analytics BBB US Corporate Bond Index, which provides exposure to investment-grade corporate bonds with a BBB credit rating.

Overview

ETF tracking VanEck Moody's Analytics BBB Corporate Bond ETF

Category Fixed Income

Issuer VanEck

Inception Date 2020-12-02

Market Cap $8.7M

Average Volume N/A

Dividend Yield 4.17%

52-Week Range $20.85 - $22.10

VWAP $21.68

Performance

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Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF invests in a representative sample of the index's constituent bonds to replicate its performance. It focuses on BBB-rated corporate bonds with maturities ranging from 1 to 15 years.

✨ Key Features

Provides exposure to investment-grade corporate bonds with a BBB credit rating
Tracks the Moody's Analytics BBB US Corporate Bond Index
Invests in a diversified portfolio of BBB-rated bonds with maturities between 1 and 15 years
Low expense ratio of 0.00%

⚠️ Primary Risks

Interest rate risk: The value of the bonds may decline as interest rates rise
Credit risk: The risk of default or downgrade by the bond issuers
Liquidity risk: The potential difficulty in selling the bonds in the secondary market
Concentration risk: The fund's focus on BBB-rated bonds may make it more vulnerable to changes in that credit segment

👤 Best For

This ETF may be suitable for investors seeking exposure to investment-grade corporate bonds with a focus on the BBB credit rating. It can be used as a core fixed income allocation or as a complement to a broader bond portfolio. Investors should have a medium-term investment horizon and be comfortable with the risks associated with corporate bond investments.