# Prof. Ed Altman launches an exchange-traded fund related to his Z-Score index

1 Faculty News March 8, 2013 ![Wall Street Journal logo](/sites/default/files/styles/246w/public/assets/images/wsjlogo.jpg?itok=5Qt0z3WX)>

Excerpt from [The Wall Street Journal](http://blogs.wsj.com/deals/2013/03/08/new-etf-underway-for-distressed-defaulted-bonds/) -- "[Mr. Altman](http://www.stern.nyu.edu/faculty/bio/edward-altman) said the new ETF, called 'Market Vectors-Altman Default & Distressed Bond ETF,' will begin with about half distressed bonds and about half defaulted, but the ratio can shift over time. It won’t directly track his index."

[Read more](http://blogs.wsj.com/deals/2013/03/08/new-etf-underway-for-distressed-defaulted-bonds/)