NEAR: Balancing Yield, Credit Exposure, And Low Duration
BlackRock's iShares Short Duration Bond Active ETF, known as NEAR, offers a yield of approximately 4.34% with a low duration of around 2.02 years. The ETF features moderate credit exposure and an investment-grade allocation, making it an attractive option for investors seeking risk-adjusted returns. NEAR has demonstrated strong performance compared to its benchmark and traditional Treasury ETFs.
- ▪NEAR provides a yield of ~4.34%, which is above Treasury yields.
- ▪The ETF has a low effective duration of ~2.02 years.
- ▪NEAR has significantly outperformed its benchmark and the plain-vanilla Treasury ETF SHY.
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