FlexShares iBoxx 5-Year Target Duration TIPS Index Fund (TDTF)
FlexShares iBoxx 5-Year Target Duration TIPS Index Fund operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Chicago, IL, US. The stock last traded at $23.30, up 0.04% on the session, giving a market capitalisation of $1.03B. Its beta of 0.64 implies it has historically moved less than the broad market.
This fund caters to investors looking for protection against inflation through Treasury Inflation-Protected Securities (TIPS), specifically those with a focused duration strategy. The FlexShares iBoxx 5-Year Target Duration TIPS Index Fund aims to replicate the price and income performance of its benchmark, the iBoxx 5-Year Target Duration TIPS Index, prior to accounting for any fees or expenses.
FlexShares iBoxx 5-Year Target Duration TIPS Index Fund is most often compared with the following Financial Services names: