iPath US Treasury Steepener ETN (STPP)

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Fund Description

The iPath® US Treasury Steepener ETN is designed to provide investors with exposure to the Barclays US Treasury 2Y/10Y Yield Curve Index™. The Barclays US Treasury 2Y/10Y Yield Curve Index™ (the "Index") employs a strategy that seeks to capture returns that are potentially available from a "steepening" or "flattening", as applicable, of the U.S. Treasury yield curve through a notional rolling investment in U.S. Treasury note futures contracts. The level of the Index is designed to increase in response to a "steepening" of the yield curve and to decrease in response to a "flattening" of the yield curve.

Fund Snapshot Updated 04.16.2014

Previous Close $39.02 Expense Ratio 0.75%
YTD Return 7.23% Avg. 30-Day Volume 8,358
1-Year Return 17.2% Market Cap Loading...
Bid $38.93 Shares Outstanding 501,000
Ask $39.13 Dividends $0.00

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