| dc.contributor.author | Stankevičienė, Jelena | |
| dc.contributor.author | Petronienė, Ieva | |
| dc.date.accessioned | 2023-09-18T17:53:38Z | |
| dc.date.available | 2023-09-18T17:53:38Z | |
| dc.date.issued | 2019 | |
| dc.identifier.issn | 2076-3387 | |
| dc.identifier.uri | https://etalpykla.vilniustech.lt/handle/123456789/127175 | |
| dc.description.abstract | Growing acceptance of passive bond exchange traded funds (ETFs) and actively managed bond mutual funds has exposed the need to find a divide between these two comparatively similar types of instrument. This paper provides a comparative analysis of actively managed bond funds and passive bond ETFs in the context of multiple criteria. The research of risk-adjusted performance of a sampled group of bond funds and ETFs using the TOPSIS multi-criteria decision-making method revealed that actively managed bond funds have a modest advantage over passive bond ETFs. Moreover, the final findings indicate the funds’ performance dependability on portfolio composition by fixed income sector. | eng |
| dc.format | PDF | |
| dc.format.extent | p. 1-14 | |
| dc.format.medium | tekstas / txt | |
| dc.language.iso | eng | |
| dc.relation.isreferencedby | DOAJ | |
| dc.relation.isreferencedby | RePec | |
| dc.relation.isreferencedby | EconBiz | |
| dc.relation.isreferencedby | Emerging Sources Citation Index (Web of Science) | |
| dc.source.uri | https://doi.org/10.3390/admsci9020031 | |
| dc.title | Bond mutual funds vs. bond exchange traded funds: evaluation of risk adjusted performance | |
| dc.type | Straipsnis Web of Science DB / Article in Web of Science DB | |
| dcterms.references | 42 | |
| dc.type.pubtype | S1 - Straipsnis Web of Science DB / Web of Science DB article | |
| dc.contributor.institution | Vilniaus Gedimino technikos universitetas | |
| dc.contributor.faculty | Verslo vadybos fakultetas / Faculty of Business Management | |
| dc.subject.researchfield | S 004 - Ekonomika / Economics | |
| dc.subject.researchfield | S 003 - Vadyba / Management | |
| dc.subject.vgtuprioritizedfields | EV02 - Aukštos pridėtinės vertės ekonomika / High Value-Added Economy | |
| dc.subject.ltspecializations | L103 - Įtrauki ir kūrybinga visuomenė / Inclusive and creative society | |
| dc.subject.en | exchange traded funds (ETF) | |
| dc.subject.en | risk | |
| dc.subject.en | performance | |
| dc.subject.en | bonds | |
| dc.subject.en | TOPSIS | |
| dcterms.sourcetitle | Administrative sciences | |
| dc.description.issue | iss. 2 | |
| dc.description.volume | vol. 9 | |
| dc.publisher.name | MDPI | |
| dc.publisher.city | Basel | |
| dc.identifier.doi | 000474932200003 | |
| dc.identifier.doi | 10.3390/admsci9020031 | |
| dc.identifier.elaba | 35520676 | |
