2013 Bond ETF Returns, Plus The Best and Worst Bond ETFs of 2013
Notably, many of the best performers were inverse bond funds, or those that generate gains when the bond market falls. Short-term bond funds, while not producing spectacular returns by any means, nonetheless outperformed due to their low degree of interest-rate sensitivity.
The full wrap-up of 2013 bond market performance is available here.
The returns below are for the full calendar year 2013. Returns of funds that opened in 2013 are not included in the list.
See: The Best Bond ETFs for 2014
Top Ten Bond ETFs
- PowerShares DB 3x Short 25+ Year Treasury Bond ETN (SBND), 41.10%
- ProShares UltraPro Short 20+ Year Treasury 3x (TTT), 36.63%
- Direxion Daily 20+ Yr Trsy Bear 3X Shrs (TMV), 34.14%
- iPath US Treasury Long Bond Bear ETN (DLBS), 28.94%
- ProShares UltraShort Barclays 20+ Year Treasury (TBT), 24.82%
- PowerShares DB 3x Italian Treasury Bond Futures Exchange Traded Notes (ITLT), 24.68%
- iPath US Treasury 10-year Bear ETN (DTYS), 22.88%
- iPath US Treasury Steepener ETN (STPP) 19.73%
- ProShares UltraShort TIPS ETF (TPS), 17.95%
- Direxion Daily 20 Year Treasury Bear 1x Shares (TYBS), 13.99%
**See my picks for the top bond ETFs of 2014 here.**
Bottom Ten Bond ETFs
- Direxion 30-Year Treasury Bull 3X - Triple-Leveraged ETF (TMF), -39.01%
- PowerShares DB 3x Long 25+ Year Treasury Bond ETN (LBND), -36.42%
- ProShares Ultra 20+ Year Treasury ETF (UBT), -26.78%
- PIMCO 25+ Year Zero Coupon U.S. Treasury Index Fund (ZROZ), -20.91%
- Vanguard Extended Duration Treasury ETF (EDV), -19.86%
- PIMCO 15+ Year U.S. TIPS Index Fund (LTPZ), -19.21%
- Direxion 10-Year Treasury Bull 3X - Triple-Leveraged ETF (TYD), -18.43%
- iPath US Treasury Long Bond Bull ETN (DLBL), -13.82%
- PIMCO Australia Bond Index Fund (AUD), -13.69%
- iShares Barclays 20+ Year Treasury Bond Fund (TLT), -13.37
Ten Largest Bond ETFs
- Vanguard Total Bond Market ETF (BND), -2.10%
- iShares iBoxx US Dollar Investment Grade Corporate Bond Fund (LQD), -2.00%
- iShares Core Total U.S. Bond Market ETF (AGG), -1.98%
- iShares iBoxx $ High Yield Corporate Bond Fund (HYG), 5.75%
- Vanguard Short-Term Bond ETF (BSV), 0.16%
- iShares Barclays TIPS Bond Fund (TIP), -8.49%
- iShares Barclays 1-3 Year Credit Bond Fund (CSJ), 1.16%
- SPDR Barclays High Yield Bond ETF (JNK), 5.86%
- iShares Barclays 1-3 Year Treasury Bond Fund (SHY), 0.22%
- Vanguard Short-Term Corporate Bond ETF (VCSH), 1.38%
All Bond ETFs, Sorted by Category
Multi-Sector Bond ETFs
- Vanguard Total Bond Market ETF (BND), -2.10%
- Schwab U.S. Aggregate Bond ETF (SCHZ), -2.00%
- iShares Core Total U.S. Bond Market ETF (AGG), -1.98%
- SPDR Barclays Capital Aggregate Bond ETF (LAG), -2.13%
- PIMCO Total Return ETF (BOND), -1.26%
- Columbia Core Taxable Bond ETF (GMTB), -2.95%
- iShares Barclays Government/Credit Bond Fund (GBF), -1.98%
- Guggenheim Enhanced Core Bond (GIY), -2.60%
- Madrona Global Bond ETF (FWDB), -2.16%
- FlexShares Ready Access Variable Income Fund (RAVI), 0.94%
- iShares Short Maturity Bond ETF (NEAR), 2013 Inception
- PIMCO Enhanced Short Maturity Strategy Fund (MINT), 0.72%
- SPDR SSgA Ultra Short Term Bond ETF (ULST), 2013 Inception
- AdvisorShares Newfleet Multi-Sector Income ETF (MINC), 2013 Inception
- iShares Short Maturity Bond ETF (NEAR), % 2013 Inception
- iShares Core Short-Term U.S. Bond ETF (ISTB), 0.62%
- Vanguard Short-Term Bond ETF (BSV), 0.16%
- Guggenheim Enhanced Short Duration Bond ETF (GSY), 1.40%
- Vanguard Intermediate Term Bond ETF (BIV), -3.58%
- iShares Barclays Intermediate Government/Credit Bond Fund (GVI), -0.94%
- Vanguard Long-Term Bond ETF (BLV), -8.94%
- iShares Core Long-Term U.S. Bond ETF (ILTB), -9.89%
Short Term Government Bond ETFs
- SPDR Barclays Capital Short Term Treasury (SST), -0.37%
- iShares Barclays 1-3 Year Treasury Bond Fund (SHY), 0.22%
- Shares Barclays Short Treasury Bond Fund (SHV), 0.00%
- PIMCO 1-3 Year U.S. Treasury Index Fund (TUZ), 0.38%
- SPDR Barclays 1-3 Month T-Bill ETF (BIL), -0.09%
- Schwab Short-Term U.S. Treasury ETF (SCHO), 0.41%
- iPath US Treasury 2-year Bull ETN (DTUL), 1.82%
- Vanguard Short-Term Government Bond ETF (VGSH), 0.32%
Intermediate-Term Government Bond ETFs
- iShares Barclays 3-7 Year Treasury Bond Fund (IEI), -1.84%
- iShares Barclays 7-10 Year Treasury Bond Fund (IEF), -6.09%
- PIMCO Broad U.S. Treasury Index Fund (TRSY), -5.73%
- PIMCO 3-7 Year U.S. Treasury Index Fund (FIVZ), -1.91%
- PIMCO 7-15 Year U.S. Treasury Index Fund (TENZ), -6.14%
- iShares Barclays U.S. Treasury Bond Fund (GOVT), -2.53%
- Schwab Intermediate-Term U.S. Treasury ETF (SCHR), -2.70%
- SPDR Barclays Intermediate Term Treasury ETF (ITE), -1.21%
- Vanguard Intermediate-Term Government Bond ETF (VGIT), -2.69%
Long-Term Government Bond ETFs
- iShares Barclays 20+ Year Treasury Bond Fund (TLT), -13.37%
- Vanguard Extended Duration Treasury ETF (EDV), -19.86%
- SPDR Barclays Long Term Treasury ETF (TLO), -12.26%
- iShares Barclays 10-20 Year Treasury Bond Fund (TLH), -8.27%
- Vanguard Long-Term Government Bond ETF (VGLT), -12.46%
- iPath US Treasury 10-year Bull ETN (DTYL), -9.79%
- PIMCO 25+ Year Zero Coupon U.S. Treasury Index Fund (ZROZ), -20.91%
U.S. TIPS ETFs
- iShares Barclays TIPS Bond Fund (TIP), -8.49%
- Vanguard Short-Term Inflation-Protected Securities Index Fund (VTIP), -1.53%
- Barclays 0-5 Year TIPS Bond Fund (STIP), -1.75%
- iBoxx 3-Year Target Duration TIPS Index Fund (TDTT), -2.16%
- iBoxx 5-Year Target Duration TIPS Index Fund Profile (TDTF), -5.28%
- PIMCO 1-5 Year U.S. TIPS Index Fund (STPZ), -2.06%
- PIMCO 15+ Year U.S. TIPS Index Fund (LTPZ), -19.21%
- PIMCO Broad U.S. TIPS Index Fund (TIPZ), -9.32%
- Schwab U.S. TIPS ETF (SCHP), -8.90%
- SPDR Barclays Capital TIPS ETF (IPE), -9.44%
- SPDR Barclays 1-10 Year TIPS ETF (TIPX), 2013 Inception
Mortgage-Backed Securities ETFs
- Barclays Agency Bond Fund (AGZ), -1.27%
- iShares Barclays MBS Fixed-Rate Bond Fund (MBB), -1.95%
- Vanguard Mortgage-Backed Securities ETF (VMBS), -1.27%
- iShares Barclays GNMA Bond Fund (GNMA), -2.44%
- SPDR Barclays Capital Mortgage Backed Bond ETF (MBG), -1.82%
- iShares Barclays CMBS Bond Fund (CMBS), 0.63%
Municipal Bond ETFs
- iShares S&P National Municipal Bond Index Fund (MUB), -3.44%
- SPDR Barclays Municipal Bond ETF (TFI), -3.89%
- Market Vectors Short Municipal Index ETF (SMB), 0.81%
- PIMCO Short Term Municipal Bond Strategy Fund (SMMU), 0.17%
- SPDR Barclays Short Term Municipal Bond ETF (SHM), 0.90%
- S&P Short-Term National AMT-Free Municipal Bond Fund (SUB), 0.84%
- Market Vectors Intermediate Municipal Index ETF (ITM), -4.53%
- Colombia Intermediate Municipal Bond ETF (GMMB), -1.91%
- PIMCO Intermediate Municipal Bond Strategy Fund (MUNI), -2.62%
- Market Vectors AMT-Free Long Municipal Index ETF (MLN), -9.11%
- SPDR Nuveen S&P High Yield Municipal Bond ETF (HYMB), -7.50%
- Market Vectors High-Yield Municipal Bond Index ETF (HYD), -8.72%
- PowerShares Insured National Municipal Bond Portfolio ETF (PZA), -7.14%
- Market Vectors Pre-Refunded Municipal Index ETF (PRB), -2.24%
- Market Vectors CEF Municipal Income ETF (XMPT), -12.46%
- PowerShares Build America Bond Portfolio ETF (BAB), -5.19%
- SPDR Nuveen Barclays Capital Build America Bond ETF (BABS), -8.47%
- PIMCO Build America Bond Strategy Fund (BABZ), -6.66%
- SPDR S&P VRDO Municipal Bond ETF (VRD), 0.23%
- PowerShares VRDO Tax-Free Weekly Portfolio ETF (PVI), -0.01%
- Deutsche Bank X-trackers Municipal Infrastructure Revenue Bond Fund (RVNU), 2013 Inception
Target Maturity Municipal Bond ETFs
- iShares 2014 S&P AMT-Free Municipal Bond Series ETF (MUAC), 0.01%
- iShares 2015 S&P AMT-Free Municipal Bond Series ETF (MUAD), 0.82%
- iShares 2016 S&P AMT-Free Municipal Bond Series ETF (MUAE), 1.07%
- iShares 2017 S&P AMT-Free Municipal Bond Series ETF (MUAF), 0.64%
- iShares 2018 S&P AMT-Free Municipal Bond Series ETF (MUAG), 2013 Inception
California Municipal Bond ETFs
- SPDR Barclays California Municipal Bond ETF (CXA), -4.26%
- PowerShares Insured CA Municipal Bond Portfolio ETF (PWZ), -4.68%
- iShares S&P California Municipal Bond Fund (CMF), -2.71%
New York Municipal Bond ETFs
- PowerShares Insured NY Municipal Bond Portfolio ETF (PZT), -6.92%
- iShares S&P New York Municipal Bond Fund (NYF), -3.56%
- SPDR Barclays New York Municipal Bond ETF (INY), -4.53%
Corporate Bonds
- iShares iBoxx US Dollar Investment Grade Corporate Bond Fund (LQD), -2.00%
- iShares 0-5 Years Investment Grade Corporate Bond ETF (SLQD), 2013 Inception
- iShares Barclays 1-3 Year Credit Bond Fund (CSJ), 1.16%
- iShares 10+ Year Credit Bond Fund (CLY), -7.85%
- iShares Barclays Credit Bond Fund (CFT), -2.21%
- iShares Barclays Intermediate Credit Bond Fund (CIU), -0.42%
- SPDR Barclays Capital Short-Term Corporate Bond ETF (SCPB), 1.31%
- SPDR Barclays Capital Intermediate-Term Credit Bond ETF (ITR), -0.57%
- SPDR Barclays Capital Long-Term Credit Bond ETF (LWC), -5.42%
- Vanguard Short-Term Corporate Bond ETF (VCSH), 1.38%
- Vanguard Inter-Term Corporate Bond ETF (VCIT), -1.94%
- Vanguard Long-Term Corporate Bond ETF (VCLT), -5.18%
- PIMCO Investment Grade Corporate Bond Index Fund (CORP), -1.62%
- SPDR Barclays Capital Issuer Scored Corporate Bond ETF (CBND), -1.48%
- PowerShares Fundamental Investment Grade Corporate Bond Portfolio (PFIG), -1.24%
- iShares Aaa – A Rated Corporate Bond Fund (QLTA), -2.71%
- iShares Baa-Ba Rated Corporate Bond Fund (QLTB), -1.61%
- iShares B-Ca Rated Corporate Bond Fund (QLTC), 7.96%
- SPDR BofA Merrill Lynch Crossover Corporate Bond ETF (XOVR), -1.33%
Target Maturity Corporate Bond ETFs
- Guggenheim BulletShares 2014 Corporate Bond ETF (BSCE), 0.98%
- Guggenheim BulletShares 2015 Corporate Bond ETF (BSCF), 1.72%
- Guggenheim BulletShares 2016 Corporate Bond ETF (BSCG), 1.94%
- Guggenheim BulletShares 2017 Corporate Bond ETF (BSCH), 1.24%
- Guggenheim BulletShares 2018 Corporate Bond ETF (BSCI), 0.78%
- Guggenheim BulletShares 2019 Corporate Bond ETF (BSCJ), -0.19%
- Guggenheim BulletShares 2020 Corporate Bond ETF (BSCK), -1.00%
- Guggenheim BulletShares 2021 Corporate Bond ETF (BSCL), 2013 Inception
- Guggenheim BulletShares 2022 Corporate Bond ETF (BSCM), 2013 Inception
- iShares 2016 Investment Grade Corporate ex-Financials Term ETF (IBCB), 2013 Inception
- iShares 2018 Investment Grade Corporate ex-Financials Term ETF (IBCC), 2013 Inception
- iShares 2020 Investment Grade Corporate ex-Financials Term ETF (IBCD), 2013 Inception
- iShares 2023 Investment Grade Corporate ex-Financials Term ETF (IBCE), 2013 Inception
- iSharesBond 2016 Corporate Term ETF (IBDA), 2013 Inception
- iSharesBond 2018 Corporate Term ETF (IBDB), 2013 Inception
- iSharesBond 2020 Corporate Term ETF (IBDC), 2013 Inception
- iSharesBond 2023 Corporate Term ETF (IBDD), 2013 Inception
Corporate Bond Sector ETFs
- iShares Financials Sector Bond Fund (MONY), -1.05%
- iShares Industrials Sector Bond Fund (ENGN), -3.75%
- iShares Utilities Sector Bond Fund (AMPS), -4.11%
Floating Rate Note ETFs
- iShares Floating Rate Note Fund (FLOT), 0.73%
- Market Vectors Investment Grade Floating Rate (FLTR), 1.50%
- SPDR Barclays Capital Investment Grade Floating Rate (FLRN), 0.76%
High-Yield Bond ETFs
- iShares iBoxx $ High Yield Corporate Bond Fund (HYG), 5.75%
- SPDR Barclays High Yield Bond ETF (JNK), 5.86%
- SPDR Barclays Capital Short Term High Yield Bond ETF (SJNK), 6.55%
- iShares 0-5 Year High Yield Corporate Bond ETF (SHYG), 2013 Inception
- PIMCO 0-5 Year U.S. High Yield Corporate Bond Index Fund (HYS), 7.72%
- PowerShares Fundamental High Yield Corporate Bond Portfolio (PHB), 4.41%
- Peritus High Yield ETF (HYLD), 11.88%
- Market Vectors Fallen Angel Bond ETF (ANGL), 7.26%
Target Maturity High-Yield Bond ETFs
- Guggenheim BulletShares 2014 High Yield Corporate Bond ETF (BSJE), 4.69%
- Guggenheim BulletShares 2015 High Yield Corporate Bond ETF (BSJF), 5.70%
- Guggenheim BulletShares 2016 High Yield Corporate Bond ETF (BSJG), 7.38%
- Guggenheim BulletShares 2017 High Yield Corporate Bond ETF (BSJH), 7.21%
- Guggenheim BulletShares 2018 High Yield Corporate Bond ETF (BSJI), 8.17%
- Guggenheim BulletShares 2019 High Yield Corporate Bond ETF (BSJJ), 2013 Inception
- Guggenheim BulletShares 2020 High Yield Corporate Bond ETF (BSJK), 2013 Inception
Hedged High Yield Bond ETFs
- First Trust High Yield Long/Short ETF (HYLS), 2013 Inception
- Market Vectors Treasury-Hedged High Yield Bond ETF (THHY), 2013 Inception
- ProShares High Yield-Interest Rate Hedged ETF (HYHG), 2013 Inception
Senior Loans
- The PowerShares Senior Loan Portfolio (BKLN), 4.07%
- Pyxis iBoxx Senior Loan ETF (SNLN), 3.87%
- SPDR Blackstone/GSO Senior Loan ETF (SRLN), 2013 Inception
- First Trust Senior Loan ETF (FTSL), 2013 Inception
Developed Market International Government Bond ETFs
- Vanguard Total International Bond ETF (BNDX), 2013 Inception
- SPDR Barclays International Treasury Bond ETF (BWX), -3.58%
- SPDR Barclays Capital Short-Term International Treasury Bond ETF (BWZ), -2.19%
- S&P/Citigroup International Treasury Bond Fund (IGOV), -1.37%
- S&P/Citigroup 1-3 Year International Treasury Bond Fund (ISHG), -2.57%
- WisdomTree Asia Local Debt Fund (ALD), -7.08%
- PowerShares DB Japanese Govt Bond Futures Exchange Traded Notes (JGBL), 0.96%
- WisdomTree Australia & New Zealand Debt Fund (AUNZ), -12.30%
- PIMCO Australia Bond Index Fund (AUD), -13.69%
- PIMCO Canada Bond Index Fund (CAD), -10.74%
- PIMCO Germany Bond Index Fund (BUND), 4.15%
- WisdomTree Euro Debt Fund (EU), 3.45%
- PowerShares DB Italian Treasury Bond Futures Exchange Traded Notes (ITLY), 7.30%
- PowerShares DB German Bund Futures Exchange Traded Notes (BUNL), -1.17%
- ProShares German Sovereign/Sub-Sovereign ETF (GGOV), 4.59%
Global TIPS
- SPDR DB International Government Inflation-Protected Bond ETF (WIP), -5.86%
- PIMCO Global Advantage Inflation-Linked Bond Strategy Fund (ILB), -11.98%
- iShares International Inflation-Linked Bond Fund (ITIP), -8.78%
- iShares Global Inflation-Linked Bond Fund (GTIP), -7.60%
Developed Market International Corporate Bond ETFs
- Powershares International Corporate Bond Portfolio ETF (PICB), 2.48%
- SPDR Barclays Capital International Corporate Bond ETF (IBND), 4.86%
- WisdomTree Global Corporate Bond ETF (GLCB), 2013 Inception
- ProShares Investment Grade-Interest Rate Hedged ETF (IGHG), 2013 Inception
Developed Market International High Yield Bond ETFs
- iShares Global High Yield Corporate Bond Fund (GHYG), 7.91%
- Market Vectors International High Yield Bond Fund (IHY), 7.23%
- iShares Global ex USD High Yield Corporate Bond Fund (HYXU), 12.77%
- PowerShares Global Short Term High Yield Bond Portfolio (PGHY), 2013 Inception
Emerging Market Bond ETFs
- iShares JPMorgan USD Emerging Markets Bond Fund (EMB), -7.79%
- Market Vectors Emerging Markets Aggregate Bond ETF (EMAG), -5.77%
- PowerShares Emerging Markets Sovereign Debt Portfolio ETF (PCY), -10.25%
- ProShares Short Term USD Emerging Markets Bond ETF (EMSH), 2013 Inception
- Vanguard Emerging Markets Government Bond ETF (VWOB), 2013 Inception
- WisdomTree Emerging Markets Local Debt Fund (ELD), -10.76%
- Market Vectors Emerging Markets Local Currency Bond ETF (EMLC), -9.94%
- Emerging Markets Local Currency Bond Fund (LEMB), -6.72%
- SPDR Barclays Capital Emerging Markets Local Bond ETF (EBND), -5.77%
- PowerShares Fundamental Emerging Markets Local Debt Portfolio (PFEM), 2013 Inception
- WisdomTree Emerging Markets Corporate Bond Fund (EMCB), -3.23%
- iShares Emerging Markets Corporate Bond Fund (CEMB), -4.93%
- SPDR BofA Merrill Lynch Emerging Markets Corporate Bond ETF (EMCD), -2.90%
- Market Vectors Emerging Markets High-Yield ETF (HYEM), -1.51%
- iShares Emerging Markets High Yield Bond Fund (EMHY), -6.26%
- PowerShares Chinese Yuan Dim Sum Bond Portfolio (DSUM), 6.32%
- Market Vectors Renminbi Bond ETF (CHLC), 5.04%
Specialty Bond ETFs
- 1-30 Treasury Ladder Portfolio ETF (PLW), -7.94%
- iPath US Treasury Flattener ETN (FLAT), -11.28%
- iPath US Treasury Steepener ETN (STPP), 19.73%
- ProShares 30 Year TIPS/TSY Spread (RINF), -10.28%
- ProShares Short 30 Year TIPS/TSY Spread (FINF), 8.17%
- PowerShares DB US Deflation ETN (DEFL), 13.75%
- UltraPro 3x 10 Year TIPS/TSY Spread (UINF), -11.79%
- UltraPro 3x Short 10 Year TIPS/TSY Spread (SINF), 11.72%
- ProShares USD Covered Bond ETF (COBO), -1.23%
Leveraged Long ETFs
- Direxion 10-Year Treasury Bull 3X - Triple-Leveraged ETF (TYD), -18.43%
- Direxion 30-Year Treasury Bull 3X - Triple-Leveraged ETF (TMF), -39.01%
- PowerShares DB 3x Long 25+ Year Treasury Bond ETN (LBND), -36.42%
- iPath US Treasury Long Bond Bull ETN (DLBL), -13.82%
- ProShares Ultra 20+ Year Treasury ETF (UBT), -26.78%
- ProShares Ultra 7-10 Year Treasury ETF (UST), -12.55%
- ProShares Ultra Investment Grade Corporate (IGU), -5.79%
- ProShares Ultra High Yield (UJB), 9.77%
- PowerShares DB 3x Italian Treasury Bond Futures Exchange Traded Notes (ITLT), 24.68%
- PowerShares DB 3x German Bund Futures Exchange Traded Notes (BUNT), -6.67%
- PowerShares DB 3x Japanese Govt Bond Futures Exchange Traded Notes (JGBT), 4.53%
Short Treasury ETFs (Those that bet against the market)
- iPath US Treasury Long Bond Bear ETN (DLBS), 28.94%
- ProShares Short Barclays Capital 20+ Year U.S. Treasury Index Fund (TBF), 11.95%
- Direxion Daily 20 Year Treasury Bear 1x Shares (TYBS), 13.99%
- Direxion Daily Total Bond Market Bear 1x Shares (SAGG), 0.68%
- iPath US Treasury 10-year Bear ETN (DTYS), 22.88%
- Direxion Daily 7-10 Year Treasury Bear 1x Shares (TYNS), 4.31%
- ProShares Short 7-10 Year Treasury (TBX), 4.63%%
- iPath US Treasury 2-year Bear ETN (DTUS), -2.68%
- iPath US Treasury 5-year Bear Exchange Traded Note (DFVS), 10.40%
- ProShares UltraShort Barclays 20+ Year Treasury (TBT), 24.82%
- ProShares UltraShort 7-10 Year Treasury Bond ETF (PST), 9.78%
- ProShares UltraShort 3-7 Year Treasury 2x (TBZ), 1.60%
- ProShares UltraPro Short 20+ Year Treasury 3x (TTT), 36.63%
- PowerShares DB 3x Short 25+ Year Treasury Bond ETN (SBND), 41.10%
- Direxion Daily 7-10 Yr Trsy Bear 3X Shrs (TYO), 12.73%
- Direxion Daily 20+ Yr Trsy Bear 3X Shrs (TMV), 34.14%
- ProShares UltraShort TIPS ETF (TPS), 17.95%
Non-Treasury Short ETFs
- ProShares Short Investment Grade Corporate (IGS), 0.41%
- ProShares Short High Yield (SJB), -8.77%
- PowerShares DB Inverse Japanese Govt Bond Future (JGBS), -0.86%
- PowerShares DB 3x Inverse Japanese Govt Bond Future (JGBD), -5.54%
Learn More:
What are leveraged bond ETFs?
What are target maturity bond funds?
What are senior loans?
Overview of municipal bond ETFs