iPath US Treasury Steepener ETN (STPP)
- Fixed Income | U.S. Treasury Funds
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 03.06.2014
|Previous Close||$39.30||Expense Ratio||0.75%|
|YTD Return||6.47%||Avg. 30-Day Volume||4,395|
|1-Year Return||9.3%||Market Cap||Loading...|