BondBloxx Bloomberg One Year Target Duration US Treasury ETF

BondBloxx Bloomberg One Year Target Duration US Treasury ETF is an exchange-traded fund designed to provide targeted exposure to short-duration U.S. Treasury securities. Its primary function is to track the Bloomberg US Treasury One Year Duration Index by investing predominantly in investment-grade U.S. Treasury notes that collectively maintain an average duration of approximately one year. This approach makes the fund particularly suitable for market participants seeking liquidity, low credit risk, and interest rate sensitivity at the short end of the yield curve. The fund holds a diversified portfolio of more than fifty separate U.S. Treasury bonds with various maturities, ensuring the overall portfolio duration remains near one year. Notable features include a very low expense ratio of 0.03%, monthly dividend distributions, and relatively high asset liquidity. The ETF plays a vital role in fixed income markets by offering a transparent, cost-effective mechanism for clients to manage short-term interest rate exposure and preserve capital, serving a range of uses from cash management to hedging against rate volatility. Since its inception in September 2022, BondBloxx Bloomberg One Year Target Duration US Treasury ETF has grown to hold hundreds of millions in net assets, reflecting its relevance for both institutional and retail investors aiming for ultra-short government bond exposure.