iPath US Treasury Steepener ETN (STPP)
- Fixed Income | U.S. Treasury Funds
The investment seeks to replicate, net of expenses, the performance of the Barclays Capital 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 05.16.2013
|Previous Close||$34.22||Expense Ratio||0.75%|
|YTD Return||2.8%||Avg. 30-Day Volume||2,227|
|1-Year Return||7.3%||Market Cap||Loading...|