About BondBloxx ETF Trust BondBloxx Bloomberg Five Year Target Duration US Treasury ETF (XFIV)

BondBloxx ETF Trust BondBloxx Bloomberg Five Year Target Duration US Treasury ETF (XFIV) is an exchange-traded fund that seeks to provide investment results that correspond to the price and yield performance of the Bloomberg Barclays Five-Year U.S. Treasury Bond Index. The fund is designed to have a maximum effective maturity of approximately five years and aims to provide investors with exposure to U.S. Treasury bonds that have a short to intermediate-term duration. The ETF has a target duration of five years, which refers to the weighted average time until the bonds in the portfolio mature or are called.

With XFIV, investors can gain exposure to U.S. Treasury bonds, which are considered to be relatively low-risk fixed-income securities. The fund invests in U.S. government bonds issued by the U.S. Department of the Treasury, which are backed by the full faith and credit of the U.S. government. These bonds are generally considered to be among the safest investments available, as they are backed by the U.S. government's ability to tax and print money. The fund's focus on U.S. Treasury bonds helps to mitigate credit risk, as the government has a strong track record of meeting its debt obligations.