BondBloxx Bloomberg Five Year Target Duration US Treasury ETF (XFIV)
BondBloxx Bloomberg Five Year Target Duration US Treasury ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $46.88, up 0.32% on the session, giving a market capitalisation of $337.1M. Its beta of 0.80 implies it has historically moved less than the broad market.
Under typical conditions, this fund allocates at least 80% of its net holdings (including any funds borrowed for investment purposes) to a selection of United States Treasury instruments. These investments, whether acquired directly or through indirect means such as derivatives, are designed to maintain a collective average interest rate sensitivity (duration) of roughly five years. Notably, the fund employs a non-diversified investment strategy.
BondBloxx Bloomberg Five Year Target Duration US Treasury ETF is most often compared with the following Financial Services names: