https://www.ishares.com/us/products/305 ... e-bond-etf
iShares closes a lot of funds if they don't have enough buyers.
What are the odds of this fund closing?
- Jimbo Moneybags
- Posts: 685
- Joined: Fri Sep 24, 2021 3:26 pm
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Re: What are the odds of this fund closing?
I'd put the odds at somewhere between 0% and 100%.Booogle wrote: ↑Fri Jun 09, 2023 7:50 am https://www.ishares.com/us/products/305 ... e-bond-etf
iShares closes a lot of funds if they don't have enough buyers.
- Cocoa Beach Bum
- Posts: 429
- Joined: Thu Jan 12, 2023 12:47 pm
- Location: Florida
Re: What are the odds of this fund closing?
According to https://www.etf.com/HYBB, which relies on data from FactSet, HYBB's "Fund Closure Risk" is Low.
“How did you go bankrupt?" "Two ways. Gradually, then suddenly.”
Re: What are the odds of this fund closing?
It's been around 3 years and has 250M in assets. With a .25 exp ratio that means it is
"earning" about 600k per year. Add to this daily volume of 5k shares. I would guess
(and it's just a guess) if numbers don't increase, they might fold this into another
Ishares ETF. These assets levels are just to small.
"earning" about 600k per year. Add to this daily volume of 5k shares. I would guess
(and it's just a guess) if numbers don't increase, they might fold this into another
Ishares ETF. These assets levels are just to small.