PT - JOURNAL ARTICLE AU - Hongfei Tang AU - Xiaoqing Eleanor Xu TI - A Review of Fixed-Income Indexing and Index Investing AID - 10.3905/jwm.2017.19.4.085 DP - 2017 Jan 31 TA - The Journal of Wealth Management PG - 85--103 VI - 19 IP - 4 4099 - https://pm-research.com/content/19/4/85.short 4100 - https://pm-research.com/content/19/4/85.full AB - This article reviews recent issues, developments, and advances in fixed-income (FI) indexing and index investing. In particular, the authors provide an introduction to major U.S. and global families of FI indices, review key return and risk characteristics of broad-market FI indices along with their stock index counterparts, discuss various index weighting methods, and characterize the emergence of FI exchange-traded products as an important channel to execute FI index investing strategies.TOPICS: Fixed income and structured finance, exchange-traded funds and applications, global, performance measurement