FlexShares iBoxx 5-Year Target Duration TIPS Index Fund (TDTF)
- Fixed Income | Treasury Inflation Protected Securities
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Fund Description
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the iBoxx 5-Year Target Duration TIPS Index. The fund invests at least 80% of its total assets in the securities of the underlying index. The underlying index reflects the performance of a selection of inflation protected public obligations of the U.S. Treasury, commonly known as "TIPS," with a targeted average modified adjusted duration, as defined by the underlying index, of approximately five years. It may also invest up to 20% of its assets in cash and cash equivalents. The fund is non-diversified.
Fund Snapshot Updated 05.16.2013
| Previous Close | $25.94 | Expense Ratio | 0.20% |
| YTD Return | 1.1% | Avg. 30-Day Volume | 49,247 |
| 1-Year Return | 1.3% | Market Cap | Loading... |
| Bid | $25.98 | Shares Outstanding | 20,300,000 |
| Ask | $26.00 | Dividends | $0.00 |
