| Defined-maturity exchange-traded funds aim to make the traditional strategy of laddering bonds of different maturities easier and more accessible. But should investors be laddering at all? For retirees hoping to sleep at night, "laddering" bonds ensures that each year a batch of individual bonds will mature, providing the income needed for that year.
There's another option: defined-maturity bond ETFs, which resemble individual bonds right up to their distributions and maturity dates. But laddering with either ETFs or individual bonds brings its own set of trade-offs...............................................Full Article: Source
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