Overview
Description
The iShares Treasury 1-3 Year Bond ETF is a type of exchange-traded fund that focuses on investments in short-term U.S. Treasury securities. Its primary function is to provide investors with exposure to the short end of the maturity spectrum of the U.S. government bond market, specifically targeting bonds with maturities between one to three years. This ETF is designed for those seeking a relatively stable income stream with lower interest rate sensitivity compared to longer-term bonds.
As a key player in fixed income investment, the iShares Treasury 1-3 Year Bond ETF offers a blend of safety and liquidity, primarily influencing sectors that require predictable cash flows and low risk, such as conservative individual portfolios and institutional treasury operations. By investing exclusively in U.S. Treasury securities, this ETF ensures credit risk is minimized, as these bonds are backed by the full faith and credit of the U.S. government. Its role in the financial market is significant for those aiming to hedge against market volatility and for entities needing to manage short-term liabilities effectively.
About
Instrument type
ETF
Country
United States
MIC code
PINX