WisdomTree Negative Duration U.S. Aggregate Bond Fund (AGND)
WisdomTree Negative Duration U.S. Aggregate Bond Fund operates in the Asset Management - Bonds industry of the Financial Services sector. The stock last traded at $38.13, up 0.43% on the session, giving a market capitalisation of $15.3M. Its beta of -0.85 implies it has historically moved less than the broad market.
This fund's objective is to precisely mirror the price and yield results, before accounting for its operational costs and charges, of the Bloomberg Barclays Rate Hedged U.S. Aggregate Bond Index, Negative Five Duration. This particular index is designed to offer broad market exposure to the Bloomberg Barclays U.S. Aggregate Bond Index, while simultaneously working to mitigate potential interest rate risks by maintaining short positions in U.S. Treasury securities. The fund itself adopts a passive, or indexing, investment methodology, solely aiming to replicate its benchmark's performance. Investors should note that it operates as a non-diversified investment vehicle.
WisdomTree Negative Duration U.S. Aggregate Bond Fund is most often compared with the following Financial Services names: