Rhea-AI Summary
Russell Investments launched its Multisector Bond ETF (RINK), adding a second fixed income strategy to its active ETF lineup. The actively managed fund provides access to global credit sectors, including high yield, leveraged loans, securitized credit and corporate bonds.
RINK joins the Russell Investments Core Plus Bond ETF (BD), bringing the firm's U.S. active ETF lineup to eight funds across equity, real estate and fixed income. Russell Investments says RINK's investment mix can adjust as market conditions and credit opportunities change.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
FAQ
What is the current stock price of Russell Investments Multisector Bond ETF (RINK)?
Russell Investments Multisector Bond ETF (RINK) last closed at $25.18.