iPath US Treasury Steepener ETN (STPP)

  • Loading...

Fund Description

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...
Bid $34.18 Shares Outstanding 283,000
Ask $34.24 Dividends $0.00
Advertisement
Best Fit U.S. Treasury Funds

1

PIMCO 1-3 Year U.S. Treasury Index Exchange-Traded Fund (TUZ)

2

Schwab Short-Term U.S. Treasury ETF (SCHO)

3

Vanguard Extended Duration Treasury Index Fund (EDV)

4

Schwab Intermediate-Term U.S. Treasury ETF (SCHR)

See full rankings for U.S. Treasury Funds

Slide Shows
7 Mutual Funds That Make Huge Bets

These funds invest much of their portfolios in one company.

Why Dow 14,000 Is a Tough Milestone

History shows this mark to be one of the most difficult for the market.

Emerging Markets to Consider in 2013

The Philippines, China and other key emerging markets for this year.