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Guggenheim Bulletshares 2017 Corp Bond
Guggenheim Bulletshares 2017 Corp Bond (BCF) is a closed-end bond fund that invests in a portfolio of corporate bonds with a laddered maturity structure. The fund'`s primary investment objective is to provide current income and capital preservation, with a focus on bonds maturing in the years 2017 through 2021.
The fund is managed by Guggenheim Investments, a leading global investment management firm with over $270 billion in assets under management. Guggenheim Bulletshares 2017 Corp Bond is listed on the New York Stock Exchange (NYSE) and trades under the ticker symbol BCF.
The fund invests in a diversified portfolio of high-quality corporate bonds, with a weighted average credit rating of A-/A3. The bonds are selected based on rigorous credit analysis, with a focus on companies with strong financial positions, competitive advantages, and growth potential. The portfolio has a laddered maturity structure, meaning that the bonds mature at different times over a specific period.
The fund`s holdings are structured in a laddered approach, with the following maturity schedule:
* 2017: 6%
* 2018: 12%
* 2019: 18%
* 2020: 30%
* 2021: 34%
The Guggenheim Bulletshares 2017 Corp Bond fund aims to provide a high level of current income with a conservative risk profile. The fund`s laddered structure seeks to minimize interest rate risk while providing a relatively stable NAV and attractive yields. The fund`s distributions are generally taxable as ordinary income.
Investors can buy and sell shares of the fund through a brokerage account like any other publicly traded security. The fund has a net asset value (NAV) of $20.83 and a market price of around $20.60 (as of March 2023). It is important to note that the market price may fluctuate based on market conditions and other factors.
Investors seeking steady income, preservation of capital, and a diversified portfolio of high-quality corporate bonds may find the Guggenheim Bulletshares 2017 Corp Bond fund an attractive investment option. However, it is essential to consider individual financial goals, risk tolerance, and investment objectives before investing in any specific security. It is always a good idea to consult with a financial advisor or broker to determine if this fund is appropriate for your individual circumstances.