VanEck Moody’s Analytics BBB Corporate Bond ETF (MBBB)
VanEck Moody’s Analytics BBB Corporate Bond ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $20.93, up 0.00% on the session, giving a market capitalisation of $8.3M. Its beta of 1.04 implies it has historically moved more than the broad market.
The VanEck Moody’s Analytics BBB Corporate Bond ETF endeavors to mirror, with the highest possible precision and before subtracting fees and operating costs, the price movements and income yield of the MVIS Moody’s Analytics US BBB Corporate Bond Index. This particular index comprises corporate bonds that possess a BBB credit rating, which are chosen for their favorable market pricing and a diminished likelihood of experiencing a downgrade to speculative-grade status when compared against other BBB-rated debt instruments.
VanEck Moody’s Analytics BBB Corporate Bond ETF is most often compared with the following Financial Services names: