Larry Berman CFA, CMT, CTADynamic Active Investment Grade Floating Rate ETFDXV.TODON'T BUYDec 04, 2023
Look back on rates not a safe way to value bond. Going forward, rates will change. Investment thesis on interest rates will determine outlook for this product. Not a good investment if you think rates will fall.
Doesn't use it himself. It should use similar strategies as ZMMK, but he'd have to do some research on it. Does deliver a slightly higher return than ZMMK. Stay tuned to X, and he will send out something when he knows more.
Look back on rates not a safe way to value bond. Going forward, rates will change. Investment thesis on interest rates will determine outlook for this product. Not a good investment if you think rates will fall.