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Is Biv a good investment?

But with a trailing 12-month yield of 2.35%, it's a good option, especially since it's untaxed. BIV tracks an index of the entire investment-grade market in which maturities range from five to 10 years. The fund has a trailing 12-month yield of 1.93% and a low expense ratio of 0.05%.

Is Biv a good placeholder fund?

Like PZA, he says BIV is a good placeholder fund to have while waiting for bond yields to improve. "Because the funds are constantly buying and selling different bonds, the interest rates will change as rates change," he says.

Who is Biv & what do they do?

MAMMOTH INFLUENCE: BIV is a 140-year-old global power player in animal health, with more than $22 billion in annual revenues and nearly 48,000 employees worldwide. SCIENTIFIC ROOTS: Kissel is from a family of healthcare professionals, including physicians and pharmacy-related professions.

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