TDTT

FlexShares iBoxx 3-Year Target Duration TIPS Index Fund

$24.18

+0.00%

Market closed. Last update: 10:51 PM ET

📎 Investment Objective

The FlexShares iBoxx 3-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 3-Year Target Duration TIPS Index.

Overview

ETF tracking FlexShares iBoxx 3-Year Target Duration TIPS Index Fund

Category Target Date

Issuer Other

Inception Date 2011-09-22

Market Cap $2.6B

Average Volume N/A

Dividend Yield 3.78%

52-Week Range $23.55 - $24.50

VWAP $24.19

Performance

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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 3 years. The fund's strategy is designed to provide exposure to TIPS with a relatively short-term maturity profile.

✨ Key Features

Targets a 3-year duration for its TIPS portfolio
Seeks to track the performance of the iBoxx 3-Year Target Duration TIPS Index
Provides exposure to inflation-protected U.S. Treasury securities
Relatively low expense ratio of 0.00%

⚠️ Primary Risks

Interest rate risk: The fund's value may decline when interest rates rise
Inflation risk: The fund's TIPS may not keep pace with actual inflation
Tracking error risk: The fund may not perfectly track its underlying index
Liquidity risk: The fund may have difficulty trading certain securities

👤 Best For

This ETF may be suitable for investors seeking short-term exposure to inflation-protected U.S. Treasuries as part of a diversified fixed income allocation. It may be particularly useful for investors looking to manage interest rate risk and hedge against inflation in the near term.