This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Top 10 Corporate Bond ETFs: Pros vs. Cons

3. SPDR Barclays Capital Intermediate-Term Bond ETF (ITR) tracks the Barclays Capital Intermediate U.S. Corporate Index. The index includes dollar-denominated debt from U.S. and non-U.S. industrial utility and financial institutions with less than 10 year durations. AUM equals $183 million and the average daily trading volume is roughly 37,000 shares. The expense ratio is .15%.

Through May 2011, ITR has returned 2.7% and currently yields 3.5%

ITR Top Ten Holdings

  1. General Electric Cap Corp 4.8%: 1.43%
  2. Goldman Sachs Group 5.95%: 1.15%
  3. JP Morgan Chase 4.65%: 1.04%
  4. Morgan Stanley 3.45%: 0.96%
  5. American Express 7.25%: 0.91%
  6. Verizon Comms 5.25%: 0.90%
  7. Wachovia Corp Global 5.5%: 0.88%
  8. Merrill Lynch Co Inc 6.875%: 0.84%
  9. Morgan Stanley 4.75%: 0.83%
  10. Citigroup 5.5%: 0.83%

2. Vanguard Long-Term Corporate Bond ETF (VCLT) tracks the Barclays Capital U.S. Long Corporate Index, which is investment grade, dollar-denominated, with maturities greater than 10 years. AUM equal $104 million and average daily trading volume is roughly 13,000 shares. Typical for Vanguard, the expense ratio is a low .15%.

Through May 2011, VCLT has returned 2.95% and has a current yield of 5.34%.

VCLT Top Ten Holdings

  1. General Electric Capital Corp 5.875%: 1.74%
  2. News America 6.15%: 1.39%
  3. Time Warner Companies 6.625%: 1.34%
  4. Comcast Corp New 6.95%: 1.29%
  5. Verizon Communications 6.9%: 1.18%
  6. SBC Communications 6.15%: 1.16%
  7. Kraft Foods 6.5%: 1.08%
  8. HSBC Holdings 6.8%: 1.04%
  9. UnitedHealth Group 6.875%: 0.99%
  10. Goldman Sachs Group 6.75%: 0.99%

1. PIMCO Investment Grade Corporate Bond ETF (CORP) tracks the Bank of America/Merrill Lynch U.S. Corporate Index with dollar-denominated investment grade issues with maturities greater than one year. CORP is a relatively new issue (September 2010) and has AUM of $83 million, with average daily trading volume of around 6,000 shares. The expense ratio is .20%. A feature is, CORP rebalances its holdings monthly, which should be a tax consideration for some investors.

Holdings for CORP are unavailable at this time.

Through May 2011, it has returned 1.72% and, per PIMCO's Web site , the current 30-day yield is 3.57%.

4 of 5

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
CFT $111.01 0.31%
CIU $110.15 0.00%
CSJ $105.62 0.00%
CORP $104.38 0.00%
ITR $34.47 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs