Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

ETF Of The Week: Floating Rate Outflows: (USFR)

FYI: In a summer marked by investors fleeing to the safety of fixed income assets, the $1.7 billion WisdomTree Floating Rate Treasury Fund (USFR) has begun to bleed cash.

Over the past week, USFR was the rare bond fund losing money. Since Aug. 21, it has lost $837 million in investment assets, as investors reposition their portfolios for falling interest rates.
Regards,
Ted
https://www.etf.com/sections/features-and-news/etf-week-floating-rate-outflows

M* Snapshot USFR:
https://www.morningstar.com/etfs/arcx/usfr/quote
Sign In or Register to comment.