VanEck Moody's Analytics IG Corporate Bond ETF
MIG
Market cap $17.7M

21.38 USD

+0.03

0.14%

At close Nov 19, 4:00 PM EST

1 day

0.14%

5 days

0.23%

1 month

-0.56%

3 months

-1.57%

6 months

1.81%

Year to date

0.56%

1 year

4.50%

5 years

-14.55%

10 years

266.72%

0

Funds holding %

of 6,735 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

50% more funds holding

Funds holding: 4 [Q2] → 6 (+2) [Q3]

6% more capital invested

Capital invested by funds: $12.2M [Q2] → $12.9M (+$719K) [Q3]

0% more repeat investments, than reductions

Existing positions increased: 2 | Existing positions reduced: 2

10.38% less ownership

Funds ownership: 96.77% [Q2] → 86.39% (-10.38%) [Q3]

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Research analyst outlook

We haven’t received any recent analyst ratings for MIG.

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Financial journalist opinion

IG Corporate Credit Still Looks Durable

As highlighted by a year-to-date gain of 5.12% by the Markit iBoxx USD Liquid Investment Grade Index, investment-grade corporate debt has been one of the better-performing corners of the bond market. Some experts believe the theme will continue in the coming months.

IG Corporate Credit Still Looks Durable

Why This Corporate Bond ETF Merits Attention Now

BBB-rated corporate bonds are fixtures in a variety of actively managed funds and exchange traded funds. Why? Because that form of debt offers attractive yields while not residing in speculative territory.

Why This Corporate Bond ETF Merits Attention Now

The Credit Opportunity In M&A

M&A was almost dormant in 2023. In the US, as a proportion of the market value of the benchmark equity indices, it fell to its lowest level in 20 years, according to McKinsey. Credit investors are not traditionally supposed to be fans of M&A, and it's true we are wary of leveraging M&A, where debt is loaded onto balance sheets to buy competitors. We are seeing a comeback for M&A that we think is likely to continue through 2024.

The Credit Opportunity In M&A

Corporate Bonds Beckon, but Prudence Is Necessary

Investment-grade corporate bonds and the related exchange traded funds, broadly speaking, were solid performers in 2023 and through January. Those funds are sporting just modest losses, indicating the asset class could be ready for better things in 2024.

Corporate Bonds Beckon, but Prudence Is Necessary

This Could Be the Right Corporate Bond ETF for 2024

Amid expectations that the Federal Reserve will lower interest rates this year, perhaps multiple times, there's optimism that corporate bonds and the related exchange traded funds could be in for another round of solid annual performances. Encouraging as that may be, advisors and investors still need to exercise discretion in the corporate bond universe.

This Could Be the Right Corporate Bond ETF for 2024

There's Value to Be Had in Bonds

With stocks on a blistering pace to conclude 2023, familiar valuation concerns are again part of the conversation. So intense has been the recent rally that some experts argue equities are currently priced to perfection.

There's Value to Be Had in Bonds

Income Investing Playbook 2024: Navigating the New Interest Rate Regime

Yields have reset higher across fixed income markets, leaving bonds well positioned in a range of different economic and interest rate scenarios in 2024. Introduction to Income Investing Income investing is a strategy that aims to generate a steady stream of income from investments, typically through interest payments or dividends.

Income Investing Playbook 2024: Navigating the New Interest Rate Regime

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