Bear Stearns Current Yield Fund ETF (YYY)

All Comments on YYY

  • commenter
    May 28 12:45 PM
    Short Bond ETFs Get Short Shrift [view article]
    Don't even THINK about using closed-end funds when you now have so many legitimate ETF choices. CEFs are broadly manipulated. Try getting out of a CEF when the market turns south. Leave CEFs for the pump-and-dump brokerage firms who think all "clients" are simple marks. Reply
  • commenter
    May 28 08:03 AM
    Short Bond ETFs Get Short Shrift [view article]
    I haven't done any analytical work on CEFs--their discount/premium pricing has always disturbed me, especially for a purchase that may be temporary. How do you know that a discount will not turn into a deeper discount when it comes time to sell?

    You may have a good idea, though, if you can live with the pricing uncertainity. It might help others with your same inclination if you would put together a list of CEFs that operate in the ultrashort space.
    Reply
  • commenter
    May 28 07:41 AM
    My Website
    Short Bond ETFs Get Short Shrift [view article]
    Good article. I have one question though - why aren't closed end funds considered in this sort of analysis? It seems to me that some of them might offer a good value, especially if they are trading at a substantial discount. Reply
  • commenter
    May 27 11:11 PM
    Short Bond ETFs Get Short Shrift [view article]
    If the Gann people turn out to be right and we are entering a 10-year bear market in bonds, the ultrashort ETFs will be more and more popular. Reply
  • commenter
    May 27 05:29 PM
    Short Bond ETFs Get Short Shrift [view article]
    I used BIL as my MMF earlier this year after reading in the semi-annual report my Columbia Treasury Reserves was full of Bear Sterns repos. So for me it was a matter of safety at the time. Since then Columbia has replaced the Bear Sterns repos with other repos. Reply
  • commenter
    SeekingAlpha
    Editors
    Apr 06 05:21 AM
    My Website
    General Discussion on YYY
    Is this a buy or a sell? Reply
  • commenter
    Mar 28 11:43 PM
    Top ETF Story This Week: Bear's New Active Bond Fund [view article]
    Jim Wiandt - Excellent post and of course now I'm wondering what's truly going on? As much as I'm a huge believer in ETFs and am open to learning about anything new, I will not use YYY. I started looking for YYY after you first mentioned that it was on the drawing boards, probably over a year ago. But as it dragged on and iShares introduced SHV, it came off my radar screen.

    I had to do a doubletake after CNBC made a big joke on YYY's supposed introduction date as the first "active" ETF and announced it had obviously been shelved due to Bear's problems. Next thing I learn is that YYY actually came to market, more quietly than any ETF introduction I have ever seen. Especially in light of the race for the first "active" ETF.

    These are certainly interesting times in our financial markets around the world. For the moment, cash seems to be king. But not in YYY.
    Reply
  • commenter
    Mar 28 11:29 AM
    Bear's Active Bond ETF Defies Market Turbulence [view article]
    Good reporting, facts with no fluff on a timely topic. Thanks Reply
  • commenter
    Mar 26 03:00 PM
    Under The Radar News - Tuesday [view article]
    seekingalpha put all his force to beat BRLC which means good news. blsh to big boys. Reply
  • commenter
    Mar 26 12:49 PM
    Bear Stearns Launches First Ever Active ETF [view article]
    Isn't this similar to giving Eliot Spitzer money for an IPO that's involved in dating services? Reply
  • commenter
    Mar 26 12:42 PM
    Wall Street Breakfast: Must-Know News [view article]
    "Bear Stearns Current Yield Fund (YYY), which will aim to beat money-market funds by investing in a range of fixed-income products..." Somehow this doesn't give me a sense of security for any of my client's capital. It would be similar to giving money to Eliot Spitzer for an IPO based on dating services. Reply
  • commenter
    Mar 26 10:02 AM
    Wall Street Breakfast: Must-Know News [view article]
    WRT BCS rolling the 'very first' actively managed ETF. Come on now. Has not Powershares been doing that for some time now? Reply
  • commenter
    Mar 26 09:16 AM
    Bear Stearns Launches First Ever Active ETF [view article]
    fvl is an index fund (90%) the others are closed end funds. none are active etfs. ?? Reply
  • commenter
    Mar 25 10:33 PM
    My Website
    Bear Stearns Launches First Ever Active ETF [view article]
    First active ETF? You have no idea what you're talking about.

    FVL, NCV, CEE, etc.
    Reply
  • commenter
    Mar 25 09:13 PM
    My Website
    Bear Stearns Launches First Ever Active ETF [view article]
    Remind me again--in a universe where the available data says index funds outperform actively managed funds, why do I want to invest in an actively managed fund, especially one put out by a bankrupt company? Reply

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