2 Fixed-Income ETFs to Consider Before the Fed Cuts Rates
First is the Vanguard Extended Duration Treasury ETF (NYSEMKT: EDV). This fund has a rock-bottom 0.06% expense ratio and a 4.2% current yield, and it invests in an index of long-term (20- to 30-year) U.S. Treasury securities. The average maturity of bonds in its portfolio is 24.6 years, and the average yield to maturity is 4.5%.