Investing
Many index funds and exchange-traded funds attempt to replicate (before fees and expenses) the performance of the Barclays Capital Aggregate Bond Index. Some examples of such funds include iShares Barclays Capital Aggregate Bond Index (AGG), Thrift Savings Plan (F Fund) Fixed Income Index fund, Vanguard Total Bond Market Index Fund (VBMFX), and Fidelity U.S. Bond Index Fund (FBIDX). Fund managers sometimes subdivide the different parts of the Aggregate by maturity or sector for managing individual portfolios. The Municipal section of the index is the only part of the index that cannot be used for this purpose - because municipal debt is issued by so many different entities, the Municipals in the Aggregate are only intended to be representative, and Barclays maintains separate indices for maintaining Municipal-only portfolios.
Read more about this topic: Barclays Capital Aggregate Bond Index
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—Calvin Coolidge (18721933)