GIGB

Goldman Sachs Access Investment Grade Corporate Bond ETF

$46.26

+0.00%

Market closed. Last update: 12:31 PM ET

📎 Investment Objective

The Goldman Sachs Access Investment Grade Corporate Bond ETF (GIGB) seeks to track the performance of the Bloomberg U.S. Corporate Bond Index, which measures the investment grade, fixed-rate, taxable corporate bond market.

Overview

ETF tracking Goldman Sachs Access Investment Grade Corporate Bond ETF

Category Corporate Bonds

Issuer Other

Inception Date 2017-06-08

Market Cap $680.0M

Average Volume N/A

Dividend Yield 3.92%

52-Week Range $44.49 - $47.15

VWAP $46.30

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF invests in a representative sample of the bonds included in the underlying index, seeking to closely match the index's overall characteristics, such as credit quality, sector, and maturity. The fund does not attempt to outperform the index but rather aims to provide investors with exposure to the broad U.S. investment grade corporate bond market.

✨ Key Features

Broad exposure to the U.S. investment grade corporate bond market
Passively managed to track the Bloomberg U.S. Corporate Bond Index
Low expense ratio of 0.00%
Suitable for investors seeking core fixed income exposure

⚠️ Primary Risks

Interest rate risk: The value of the fund's holdings may decline if interest rates rise
Credit risk: The fund is exposed to the creditworthiness of the underlying corporate bond issuers
Liquidity risk: Certain bonds held by the fund may have limited trading volume, which could impact the fund's ability to sell them
Tracking error risk: The fund may not perfectly track the performance of its underlying index

👤 Best For

This ETF may be suitable for investors seeking broad exposure to the U.S. investment grade corporate bond market as part of a diversified fixed income allocation. It may be particularly appropriate for investors with a moderate risk tolerance and a long-term investment horizon.