BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (XTEN)
BondBloxx Bloomberg Ten 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 $44.28, up 0.05% on the session, giving a market capitalisation of $1.05B. Its beta of 1.58 implies it has historically moved more than the broad market.
Under typical conditions, this fund commits at least 80% of its total investment capital (including any borrowed funds) to a portfolio predominantly made up of U.S. Treasury debt instruments. These holdings are strategically assembled to collectively achieve a mean duration of around ten years, acquired either through direct ownership or indirectly via financial contracts like derivatives. The fund's underlying index consists of particular U.S. Treasury notes and bonds that are constituents of the broader Bloomberg US Treasury Index. It operates as a non-diversified investment vehicle.
BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF is most often compared with the following Financial Services names: