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TDTT
FlexShares iBoxx 3-Year Target Duration TIPS Index Fund
TDTT
$24.08arrow_drop_up0.04%$0.01

Performance History

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Key Stats
Open$24.01
Prev. Close$24.00
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Day Range24.01
24.08
52 Week Range22.92
24.08
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About FlexShares iBoxx 3-Year Target Duration TIPS Index Fund (TDTT)

The FlexShares iBoxx 3-Year Target Duration TIPS Index Fund (TDTT) is an exchange-traded fund (ETF) that seeks to provide investors with exposure to U.S. Treasury Inflation-Protected Securities (TIPS) with a target duration of approximately three years. TIPS are a type of government bond that offers protection against inflation by adjusting the principal value of the bond based on changes in the Consumer Price Index (CPI). As a result, TIPS provide investors with a real, inflation-adjusted return.
The TDTT ETF tracks the performance of the iBoxx 3-Year Target Duration TIPS Index, which is composed of TIPS with maturities between one and ten years. The index is designed to reflect the performance of a portfolio of TIPS with a target duration of three years. By targeting a specific duration, the fund aims to provide investors with a more predictable income stream and reduced interest rate risk compared to longer-duration TIPS funds.
Sector
Industry
CEO
Headquarters
Employees
0
Exchange
NYSE

Analyst Forecast

Period: Next 12 Months

Analyst Ratings

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