Equity Overview
Price & Market Data
Price: $93.05
Daily Change: +$0.13 / 0.14%
Daily Range: $92.93 - $93.12
Market Cap: $0
Daily Volume: 20,179
Performance Metrics
1 Week: 0.59%
1 Month: 1.32%
3 Months: 2.51%
6 Months: -0.63%
1 Year: 0.55%
YTD: -0.04%
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.