Equity Overview
Price & Market Data
Price: $92.47
Daily Change: -$0.025 / 0.03%
Daily Range: $92.30 - $92.71
Market Cap: $0
Daily Volume: 46,013
Performance Metrics
1 Week: 0.49%
1 Month: 1.10%
3 Months: -1.19%
6 Months: -0.76%
1 Year: 3.61%
YTD: -0.87%
Details
The index is designed to minimize the interest-rate risk exposure of a portfolio composed of U.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.