This summary was created by AI, based on 1 opinions in the last 12 months.
According to experts, Bond ETFs work by constantly changing the bonds in their portfolio to adjust to newer, higher rates. This can result in a discrepancy in value between the bonds and the ETF value. Sampling is used to price the 200 bonds in the corporate ETF, leading to some level of uncertainty. Overall, there is arbitrage involved in the process.
As bonds mature, new bonds are added at higher rates. Underlying yield tracks the newer rate. Sometimes when bonds get to a maturity of under 1 year, they sell them and move on to longer-term bonds in that index.
There could be 200 bonds in a corporate ETF, and they can't price those every day. So they do sampling. So you're never 100% sure of the difference in value between the bonds and the ETF value. There's some arbitrage that goes on.
Bond ETFs is a Canadian stock, trading under the symbol BOND-T on the Toronto Stock Exchange (BOND-CT). It is usually referred to as TSX:BOND or BOND-T
In the last year, there was no coverage of Bond ETFs published on Stockchase.
Bond ETFs was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Bond ETFs.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
In the last year 0 stock analysts on Stockchase covered Bond ETFs. The stock is worth watching.
On 2024-12-12, Bond ETFs (BOND-T) stock closed at a price of $19.51.