Bloomberg barclays aggregate bond index fact sheet
The Agg, formerly known as the Bloomberg Barclays Aggregate Bond Index, is an index used by bond traders, mutual funds, and ETFs as a benchmark to measure their relative performance. The index includes government securities, mortgage-backed securities MBS , asset-backed securities ABS , and corporate securities to simulate the universe of bonds in the market. Theirs were two indices: one that tracked the universe of U. The more modern version that came to be known first as the Lehman Aggregate Bond Index was created in by Lehman Brothers to provide aggregate exposure to the U. Following this acquisition, the index was officially renamed as the Barclays Capital Aggregate Bond Index, which still retained the function and value of the Lehman Aggregate Bond Index. In , through a series of acquisitions, it became the Bloomberg Barclays Bond Index, and that co-branding between Bloomberg and Barclays was to last for its first five years.
The right way to select ETFs
The index has been maintained by Bloomberg L. The index holds investment quality bonds. Table 3 in the appendix provides credit quality breakdowns for the index from The index does not include high yield bonds , municipal bonds , inflation-indexed bonds , or foreign currency bonds.
In , the index held more than 8, bond issues. The current bond asset classes that compose the index: [3]. The relative weighting of asset classes within the index changes over time as new asset classes are added to the index, as issuance of bonds grows and ebbs, and as market security values fluctuate. The following table shows the index sector allocation over the period The modified adjusted duration of the U. Aggregate index is 5.
All bonds have a final maturity of at least one year. Subindices based on intermediate maturity bands range from 1 to 9. The table below shows the annual distribution of credit quality holdings in the index.
The following expandable table provides return data for the index. The annual returns of the index from to date have ranged between Index fund managers therefore use sampling strategies when attempting to construct index funds tracking the index. From Bogleheads. Jump to: navigation , search. August 24, Ferri, All About Index Funds ; p. Aggregate Factsheet , ; Bloomberg Barclays U. S Aggregate Factsheet , Categories : Bonds Indexing. Navigation menu Personal tools Log in.
Namespaces Page Discussion. Views Read View source View history. Interaction Recent changes Getting started Editor's reference Sandbox. This page was last edited on 22 January , at Click for complete Disclaimer. Mobile view. Barclays US Aggregate. Milestones in the Evolution of the Bloomberg Barclays U. Published yields changed from yield to maturity to yield to worst.
Yankee sector absorbed into the Corporate Index. Title XI issues dropped from the Government Index. Asset-backed bullet issues added to the finance sector. Balloon issues added to MBS Index.
Mobile homes dropped from MBS Index. Average coupons par-weighted instead of market-weighted. Quarter-coupons dropped from MBS Index. Absorbed all Yankee Corporates into their respective industry classifications. ABS Manufactured Housing removed. Aggregate Index.
The Bloomberg Barclays Indices offer unmatched market coverage, including the index methodology, fact sheets, and publications for the Bloomberg Barclays Euro Aggregate Covered Bond 1 Billion Index, BE1BTREU, EUR, Unhedged. The objective of the Fund is to track the performance of the investment grade, U.S. dollar-denominated, fixed-rate taxable bond market. Index.
The index has been maintained by Bloomberg L. The index holds investment quality bonds. Table 3 in the appendix provides credit quality breakdowns for the index from
If you've ever invested in a total bond market index fund, you've invested in a mutual fund or exchange-traded fund ETF that passively tracks the performance of the Bloomberg Barclays US Aggregate Bond Index. Learn more about this broad-based bond index and the funds that invest in it to see if these funds are right for you.
The Bloomberg Barclays US Aggregate Bond Index , or the Agg , is a broad base, market capitalization -weighted bond market index representing intermediate term investment grade bonds traded in the United States. Investors frequently use the index as a stand-in for measuring the performance of the US bond market. In addition to investment grade corporate debt, the index tracks government debt , mortgage-backed securities MBS and asset-backed securities ABS to simulate the universe of investable bonds that meet certain criteria.
