UTEN

US Treasury 10 Year Note ETF

$44.21
+0.00%
Market closed. Last update: 12:29 PM ET

📎 Investment Objective

The UTEN - US Treasury 10 Year Note ETF seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the U.S. Treasury 10-Year Note.

Overview

ETF tracking US Treasury 10 Year Note ETF

Category Treasury
Issuer Other
Inception Date 2022-08-09
Market Cap $227.2M
Average Volume N/A
Dividend Yield 3.44%
52-Week Range $41.92 - $44.86
VWAP $44.27

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

The UTEN - US Treasury 10 Year Note ETF seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the U.S. Treasury 10-Year Note.

🎯 Investment Strategy

The ETF invests in a portfolio of U.S. Treasury 10-year notes in an effort to track the performance of the underlying index. The fund aims to maintain a portfolio duration that is similar to the duration of the index.

✨ Key Features

  • Provides exposure to U.S. Treasury 10-year notes, one of the most liquid and widely traded fixed income securities
  • Passively managed to track the performance of the underlying index
  • Low expense ratio of 0.00%
  • Relatively low risk profile compared to other fixed income or equity investments

⚠️ Primary Risks

  • Interest rate risk: The value of the fund's holdings may decline due to rising interest rates
  • Reinvestment risk: When interest rates fall, the fund may have to reinvest coupon payments or proceeds from maturing bonds at lower rates
  • Liquidity risk: The fund may have difficulty selling certain holdings, especially during times of market stress
  • Tracking error risk: The fund may not perfectly track the performance of the underlying index

👤 Best For

This ETF may be suitable for investors seeking stable, low-risk exposure to U.S. Treasury bonds as part of a diversified fixed income allocation. It is best suited for conservative investors with a low risk tolerance who are looking for a relatively safe investment option.