as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
system
do buyers of bond etfs need to pay for accrued interest?
user
no. investors purchase etfs' as they would any other stock, own it under the same circumstances as an equity investment, collecting distributions instead of dividends or interest. the etf takes care of the internal operations (bond maturities and turnover, accrued interest, payment dates, etc.).
assistant