Equity Overview
Price & Market Data
Price: $91.19
Daily Change: +$0.53 / 0.58%
Range: $91.13 - $91.36
Market Cap: $0
Volume: 18,329
Performance Metrics
1 Week: 0.50%
1 Month: -1.66%
3 Months: -2.43%
6 Months: -1.94%
1 Year: -2.58%
YTD: -1.67%
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.