NYSE ARCA | ETF
The index is designed to minimize the interest-rate risk exposure of a portfolio composed ofU. S. dollar-denominated, investment grade bonds, represented in the index by the underlying fund, by including a series of up to 10 interest rate swap contracts with different maturities.
The fund invests, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in component securities and instruments in the index and/or bonds included in the underlying index of the underlying fund.
Top 2 Holdings
Asset | Name | Sector | Industry | Weight |
---|---|---|---|---|
LQD | iShares iBoxx $ Investment Grade Corporate Bond ETF | 92.92% | ||
XTSLA | BlackRock Cash Funds Treasury SL Agency | null | null | 6.92% |