BLV: Time To Upgrade Vanguard's Long Duration Fund

Aug. 20, 2024 6:04 AM ETVanguard Long-Term Bond Index Fund ETF Shares (BLV)1 Comment1 Like
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Summary

  • BLV's performance has significantly declined over the past two years due to rising interest rates, leading to a 30% drawdown in share prices.
  • The Federal Reserve's unprecedented rate hikes have caused bond yields to increase, impacting BLV's net asset value.
  • Forecasted rate cuts by the Federal Reserve could potentially lead to an increase in the value of BLV's portfolio, earning the fund an upgrade.

Vectorian

It has been over two years since we last discussed the Vanguard Long-Term Bond Index ETF (NYSEARCA:BLV). In fact, the last time we spoke about this particular fund was January 2022. Given the extraordinary macroeconomic changes since then, it

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About BLV ETF

SymbolLast Price% Chg
BLV
74.44-0.24%
Created with Highcharts 11.2.0Jul 31Aug 8Aug 16Aug 2370727476
Expense Ratio
0.04%
Div Frequency
Monthly
Div Rate
$3.16
Yield
4.24%
Assets (AUM)
$8.70B
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