XHLF

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF

$50.30
+0.00%
Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The BondBloxx Bloomberg Six Month Target Duration US Treasury ETF seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Bloomberg Six Month Target Duration US Treasury Index.

Overview

ETF tracking BondBloxx Bloomberg Six Month Target Duration US Treasury ETF

Issuer Other
Inception Date 2022-09-15
Market Cap $2.0B
Average Volume N/A
Dividend Yield 3.38%
52-Week Range $50.16 - $50.42
VWAP $50.29

Performance

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Investment Summary

📎 Investment Objective

The BondBloxx Bloomberg Six Month Target Duration US Treasury ETF seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Bloomberg Six Month Target Duration US Treasury Index.

🎯 Investment Strategy

The ETF invests in a portfolio of U.S. Treasury securities with a target duration of approximately six months. The fund aims to track the performance of the underlying index by investing in a representative sample of the index constituents.

✨ Key Features

  • Targets a six-month duration for the underlying U.S. Treasury securities
  • Seeks to provide low-risk exposure to short-term U.S. government bonds
  • Designed to offer stability and liquidity for investors' cash allocations
  • Passively managed to track the performance of the underlying index

⚠️ Primary Risks

  • Interest rate risk: The value of the fund's holdings may decline if interest rates rise
  • Credit risk: The fund is exposed to the risk of default by the U.S. government
  • Tracking error risk: The fund may not perfectly track the performance of the underlying index
  • Liquidity risk: The fund may experience difficulties in buying or selling its holdings

👤 Best For

This ETF may be suitable for investors seeking a low-risk, short-term investment option to park cash or manage interest rate exposure. It can be used as a cash management tool or as a defensive component within a broader portfolio.