Symbols

GOVZ

iShares 25+ Year Treasury STRIPS Bond ETF·CBOE

--(--)

Key Stats

Assets Under Management

315.20MUSD

Fund Flows (1Y)

39.80MUSD

Dividend Yield

5.02%

Discount/Premium to NAV

0.22%

Shares Outstanding

34.15M

Expense Ratio

0.10%

About iShares 25+ Year Treasury STRIPS Bond ETF

Issuer

BlackRock Fund Advisors

Brand

iShares

Home Page

https://www.ishares.com/us/products/315911/

Inception Date

Sep 22, 2020

Structure

Open-Ended Fund

Index Tracked

ICE BofA Long US Treasury Principal STRIPS Index

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Ordinary income

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

BlackRock Fund Advisors

Distributor

BlackRock Investments LLC

GOVZ is passively managed to capture the long end of the US Treasury curve. As such investor should expect the performance to fluctuate with changes in interest rates. The fund holds a small portfolio of Treasury STRIPS with at least 25 years to maturity. STRIPS are securities that promise single payment upon maturity without any semi-annual coupons. The types of securities are sold at a discount to face value but mature at par. The underlying index is weights securities by their market value and is rebalanced quarterly.