Guggenheim Launches High Yield Fixed Income ETF Suite

The offering is a suite of ETFs with designated years of maturity ranging from 2012 through 2015 that invest in high-yield corporate bonds with effective maturities in the years respective to each fund.  

The four new ETFs, which seek to replicate the performance of BulletShares USD High Yield Corporate Bond Indices developed by Accretive Asset Management LLC, provide investors with a convenient way to invest in the high-yield corporate bond market, the company said in a press release. The funds also enable advisers to build laddered portfolios in a cost-effective and diversified manner, fill gaps in existing bond portfolios, and address investors’ lifestyle needs by providing the potential for monthly income distributions and a final distribution at the ETF’s maturity that can be applied towards retirement, college or other expenses.  

The NYSE Arca ticker for the 2012 fund is BSJC; for 2013, BSJD; for 2014, BSJE; and for 2015, BSJF.