Guggenheim Investments has added three new exchange-traded funds to its BulletShares lineup.
The new funds include: Guggenheim BulletShares 2016 High Yield Corporate Bond Fund (NYSE Arca:BSJG), Guggenheim BulletShares 2017 High Yield Corporate Bond ETF (NYSE Arca:BSJH) and Guggenheim BulletShares 2018 Corporate Bond ETF (NYSE Arca:BSJI).
"Advisors are using BulletShares ETFs to provide the benefits of liquidity and transparency, and we are committed to growing this suite," stated William Belden, head of product development for Guggenheim Investments. "We've found that there is strong demand for longer maturity dates to use in portfolio construction so we're pleased to expand the line-up to meet their needs."
The Guggenheim BulletShares suite includes fixed-income defined-maturity corporate bond and high yield corporate bond ETFs.
Overall, Guggenheim Investments total ETP assets under management are nearly $12 billion as of the end of March.