Key stats
About BondBloxx Bloomberg Three Year Target Duration US Treasury ETF
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Inception date
Sep 13, 2022
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Bondbloxx Investment Management Corp.
Distributor
Foreside Fund Services LLC
ISIN
US09789C8468
XTRE is part of BondBloxxs suite of duration-specific US Treasury ETFs. Starting with the constituents of the funds parent index - the Bloomberg US Treasury Index, the portfolio is constructed using two duration buckets of US Treasury securities: 2-to-3-year and 3-to-4-year duration securities. These two buckets are blended according to a weighting scheme required to achieve a target average portfolio duration of three years. Although, investors should note that the portfolio duration may drift away from the target between each monthly rebalance. The fund may obtain exposure to US Treasurys by investing directly or indirectly through derivatives and invest up to 20% of its net assets in other US government obligations, agency securities, cash, and cash equivalents.
Related funds
Classification
What's in the fund
Exposure type
Government
Stock breakdown by region
Top 10 holdings
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
XTRE assets under management is 181.59 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
XTRE invests in bonds. See more details in our Analysis section.
XTRE expense ratio is 0.05%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, XTRE isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, XTRE pays dividends to its holders with the dividend yield of 3.92%.
XTRE shares are issued by Bondbloxx Investment Management Corp.
XTRE follows the Bloomberg US Treasury 3 Year Target Duration Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Sep 13, 2022.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.