TDTF

FlexShares iBoxx 5-Year Target Duration TIPS Index Fund

$24.14

+0.00%

Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The FlexShares iBoxx 5-Year Target Duration TIPS Index Fund seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the iBoxx 5-Year Target Duration TIPS Index.

Overview

ETF tracking FlexShares iBoxx 5-Year Target Duration TIPS Index Fund

Category Target Date

Issuer Other

Inception Date 2011-09-22

Market Cap $893.2M

Average Volume N/A

Dividend Yield 3.79%

52-Week Range $23.17 - $24.45

VWAP $24.14

Performance

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Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund invests in a portfolio of inflation-protected public obligations of the U.S. Treasury, commonly known as 'TIPS', with a target average duration of 5 years. The fund's investment strategy is designed to provide a hedge against inflation.

✨ Key Features

Targets a 5-year duration for its TIPS portfolio
Seeks to track the performance of the iBoxx 5-Year Target Duration TIPS Index
Provides exposure to inflation-protected U.S. Treasury securities
Low expense ratio of 0.00%

⚠️ Primary Risks

Interest rate risk: The value of TIPS may decline when interest rates rise
Inflation risk: If actual inflation is lower than expected, the fund's returns may suffer
Tracking error risk: The fund may not perfectly track its underlying index
Liquidity risk: TIPS may become less liquid during periods of market stress

👤 Best For

This ETF may be suitable for investors seeking exposure to inflation-protected U.S. government bonds with a targeted duration of 5 years. It can be used as a core fixed income holding or as a hedge against inflation within a diversified portfolio.