No. of Recommendations: 0
"Especially when you factor in how many of those intervening years had substantially negative interest rates for so many countries' government bonds. They're not so bad now. Current average YTM and YTW are both stated at 6.56%. It's not a great number to consider, but FWIW the trailing twelve month cash distributions amount to 5.53% of the current price, before tax. Rather surprisingly for an ETF, it's currently trading at a 10% discount to NAV, and has been at a discount most of the last couple of months. I guess the arbitrage is difficult for the authorized participants."
And despite being bond with the underlying assets, WIP can be traded at anytime, that's very important when opportunities arrive.
