Claymore Introduces BulletShares Target Maturity Bond ETFs

Claymore launched a suite of seven fixed-term investment grade corporate bond ETFs yesterday (6/7/2010).  Known as BulletShares, these ETFs are constructed for potential monthly distributions and a final distribution at maturity.  The funds have designated years of maturity ranging from 2011 to 2017 and will terminate on or about December 31st of their respective maturity year. Back in January, iShares launched its AMT-Free Municipal Series of six ETFs with target end dates of 2012 to 2017.  The new Claymore BulletShares extends this concept to the world of invest-grade taxable corporate bonds, allowing investors to target future obligations and create laddered portfolios. The underlying BulletShares Indices were created by Accretive Asset Management.  Selective index data is displayed below but keep in mind that it is index data and not fund level data. …
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