The name Kaitlyn is of Irish and English origin. The meaning of Kaitlyn is pure, chaste. Kaitlyn is generally used as a girl's name. It consists of 7 letters and 2 syllables and is pronounced Kait-lyn.
Bond ETFs do pay dividends, but they don't follow the same schedule as with individual bonds. While interest payments on a single bond are typically paid semiannually, or twice each year, bond ETFs pay dividends -- which are a combination of interest payments and market price gains -- every month. Bond ETFs are holding numerous debt securities with their individual maturity dates.
A second use is for a specific capital need, such as paying for a childâs college. Since target maturity bond ETFs are expected to become cash in a certain year, they could be useful tools for investors who will need cash in a particular year. A third use is for interest rate positioning.