About BondBloxx ETF Trust BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (XTEN)

BondBloxx ETF Trust BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (XTEN) is an exchange-traded fund that seeks to track the performance of the Bloomberg Ten Year Target Duration US Treasury Index. The Index is designed to measure the performance of a portfolio of US Treasury securities with a target weighted average maturity of approximately 10 years. XTEN aims to provide investors with exposure to longer-dated US Treasury bonds, which are typically less sensitive to interest rate changes compared to shorter-dated bonds.

XTEN offers investors a convenient way to gain exposure to long-term US Treasury bonds in a single trade. By investing in the ETF, investors can diversify their fixed income portfolios with exposure to US Treasury securities across various maturities. Longer-dated bonds tend to offer higher yields compared to shorter-dated bonds, potentially providing investors with attractive income opportunities. Additionally, XTEN may serve as a hedge against inflation and a safe haven for investors during periods of market volatility.