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Critical Contrast: Visteon (NASDAQ:VC) vs. Standard Motor Products (NYSE:SMP) via ETF Daily News
PGIM Investments Launches Floating Rate ETF via ETF TrendsiPath Bloomberg Commodity Index Total Return ETN Update via Seeking Alpha
The investment seeks to provide a total return designed to exceed the performance of the Bloomberg Commodity IndexSM which is calculated on an excess return basis. The fund is an actively managed exchange traded fund that seeks to provide a total return designed to exceed the performance of the index. It will generally seek to hold similar interests to those included in the index and will seek exposure to many of the commodities included in the index under the same futures rolling schedule as the index. The fund will also hold short-term fixed-income securities. It is non-diversified.
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