Guggenheim has converted two of its existing indexed bond funds into active bond exchange-traded funds (ETFs), ETF Database reports. The Claymore U.S. Capital Markets Bond ETF has been renamed as the Guggenheim Enhanced Core Bond ETF and will track the Barclays Capital U.S. Aggregate Bond Index.
The Claymore U.S. Capital Markets Micro-Term Fixed Income ETF has been rebranded as the Guggenheim Enhanced Ultra-Short Bond ETF. The Ultra-Short Bond ETF will seek to replicate the 1-3 Month Treasury Bill Index.
Click here for the story from ETF Database.