Spain Bond

Spain bond mutual funds and ETFs invest the majority of their assets... Spain bond mutual funds and ETFs invest the majority of their assets in the Spanish government and corporate debt. These funds can be actively or passively managed and may seek to track or outperform a particular benchmark. They may hedge foreign currency risk, or elect to leave themselves exposed to fluctuations in the Euro. Depending on their mandate, a Spain Bond Mutual Fund or ETF may focus on investment-grade bonds, high-yield (a.k.a. junk bonds), or a mix of credit quality. As of 2024, IMF data shows that the government is the largest issuer of debt in Spain, at 106% of GDP. Nonfinancial corporate debt, meanwhile, represents 93% of GDP. Investors purchase these securities to get both capital growth and income. The risk of each fund will vary, in part due to the duration of the bonds they own, as well as the credit quality of the issuer. Last Updated: 05/01/2024 View more View less

Spain bond mutual funds and ETFs invest the majority of their assets in the Spanish government and corporate debt. These funds can be actively or passively managed and may seek to track or... Spain bond mutual funds and ETFs invest the majority of their assets in the Spanish government and corporate debt. These funds can be actively or passively managed and may seek to track or outperform a particular benchmark. They may hedge foreign currency risk, or elect to leave themselves exposed to fluctuations in the Euro. Depending on their mandate, a Spain Bond Mutual Fund or ETF may focus on investment-grade bonds, high-yield (a.k.a. junk bonds), or a mix of credit quality. As of 2024, IMF data shows that the government is the largest issuer of debt in Spain, at 106% of GDP. Nonfinancial corporate debt, meanwhile, represents 93% of GDP. Investors purchase these securities to get both capital growth and income. The risk of each fund will vary, in part due to the duration of the bonds they own, as well as the credit quality of the issuer. Last Updated: 05/01/2024 View more View less