iShares 7-10 Year Treasury Bond ETF

Profile

iShares 7-10 Year Treasury Bond ETF is an exchange-traded fund that seeks to track the investment results of an index composed of U.S. Treasury bonds with remaining maturities between 7 and 10 years. Launched in 2002 by BlackRock and managed under the iShares brand, it provides investors with targeted exposure to the intermediate-term segment of the U.S. government bond market. The ETF holds a concentrated portfolio of approximately 18 U.S. Treasury notes, primarily from issuers like the United States Treasury, with characteristics including an effective duration of around 7 years, weighted average maturity of about 8.5 years, and weighted average coupon near 4%. It distributes income monthly and maintains a low expense ratio of 0.15%, emphasizing cost efficiency in fixed income investing. As a key fixed income product, iShares 7-10 Year Treasury Bond ETF plays a vital role in portfolio diversification, offering liquidity and benchmark-like performance for the 7-10 year Treasury sector, appealing to those seeking government-backed securities with moderate interest rate sensitivity.