Sign up for free newsletter

 

ETFs

Van Eck to launch defaulted bond ETF

Van Eck is planning to launch a defaulted bond exchange-traded fund, according to a regulatory filing made with the US Securities and Exchange Commission.

According to the filing the proposed ETF – the Market Vectors-Altman Defaulted & Distressed Bond ETF – will be based on an index comprising below-investment defaulted bonds and distressed bonds.

It will have its primary listing the New York Stock Exchange’s Arca electronic trading platform.


Subscribe to free daily newsletter
events
11 hours 59 min from now - Wiesbaden
11 hours 59 min from now - New York
1 day 11 hours from now - California
2 days 11 hours from now - London
2 days 11 hours from now - London
specialreports