About BondBloxx ETF Trust BondBloxx Bloomberg Three Year Target Duration US Treasury ETF (XTRE)

BondBloxx ETF Trust BondBloxx Bloomberg Three Year Target Duration US Treasury ETF (XTRE) is an exchange-traded fund that seeks to provide investment results that correspond to the performance of the Bloomberg Three Year Target Duration US Treasury Index. The ETF aims to achieve its investment objective by investing at least 80% of its assets in US Treasury securities with a target duration of three years. It is designed to provide investors with exposure to US Treasury bonds with a specific duration target, allowing them to potentially benefit from changes in interest rates affecting bonds with similar maturities.

The XTRE ETF offers investors an opportunity to gain exposure to US Treasury securities with a three-year target duration, which can provide a range of benefits. Investors may seek to use the ETF as a tool to manage duration risk within their fixed income portfolios, as it focuses on a specific maturity range. Additionally, the ETF may serve as a potential hedge against interest rate risk, as changes in interest rates can impact the value of US Treasury bonds. By targeting a three-year duration, the ETF aims to provide investors with a balance between yield potential and interest rate risk mitigation.