iShares Interest Rate Hedged U.S. Aggregate Bond Etf
IndustryExchange Traded Fund
SectorFinancial Services Etf
ExchangeNYSE
Market Capitalization5.24 mln
Business Description
This fund tracks an index built to reduce sensitivity to interest rate changes within a portfolio of U.S. dollar investment-grade bonds. At least 80% of its assets are invested in the securities that make up that index. The fund is non-diversified, meaning it may hold a concentrated group of holdings.