صناديق الاستثمار المتداولة في السندات

تعرُّض للدخل الثابت مع قابلية تداول شبيهة بالأسهم، مع خصائصه المميزة.

Bond ETFs hold portfolios of bonds (Treasuries, corporates, municipals, high yield, or blends) and trade on-exchange like any ETF. They turned a dealer-driven, hard-to-access market into something an investor can buy in one share.

Two concepts drive bond-fund behavior: duration (sensitivity to interest rates: longer duration means bigger price moves when rates change) and credit quality (Treasury funds carry rate risk but minimal default risk; high-yield funds add meaningful credit risk). Yields shown for bond funds are usually the trailing distribution yield or the SEC yield; they are related but not identical measures.

Unlike a single bond, most bond ETFs never mature; they continuously roll holdings to maintain their target maturity range, so their value fluctuates indefinitely. Defined-maturity ('bullet') ETFs are the exception.