Bank of America is broadening eligibility for commission-free trades on stocks and exchange-traded funds to more than 5.25 million clients who are enrolled in its Preferred Rewards program.
The Aware Ultra-Short Duration Enhanced Income ETF is designed to be a liquid, cost-effective alternative to earnings credits, commercial paper and money-market funds.
The four 2021 maturity date bond ETFs highlighted here took in $1.26 billion of net inflows since the beginning of 2018, and now have $3 billion in net assets.
After a decade of near zero yields, ultra-short bonds funds are now offering investors compelling yields relative to many other fixed income strategies.