XTEN

BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF

$46.52

+0.00%

Market closed. Last update: 11:55 AM ET

📎 Investment Objective

The BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (XTEN) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Bloomberg US Treasury 10 Year Target Duration Index.

Overview

ETF tracking BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF

Category Fixed Income

Issuer Other

Inception Date 2022-09-15

Market Cap $741.1M

Average Volume N/A

Dividend Yield 3.32%

52-Week Range $43.99 - $47.48

VWAP $46.57

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF invests in a portfolio of U.S. Treasury securities with a target duration of 10 years. The fund aims to closely track the performance of its underlying index by holding a representative sample of the index constituents.

✨ Key Features

Targets a 10-year duration for its U.S. Treasury bond portfolio
Seeks to provide exposure to the U.S. Treasury market with low-cost, passive management
Designed to offer interest rate sensitivity and duration exposure for fixed income investors

⚠️ Primary Risks

Interest rate risk: The fund's value may decline due to rising interest rates
Credit risk: The risk of default on the underlying U.S. Treasury securities
Tracking error risk: The fund may not perfectly track its underlying index
Liquidity risk: Potential difficulty buying or selling shares at an optimal time and price

👤 Best For

This ETF may be suitable for fixed income investors seeking exposure to U.S. Treasuries with a target 10-year duration. It can be used as a core fixed income holding or to manage interest rate sensitivity within a broader portfolio.