SHV 📈 iShares Short Treasury Bond - Overview

The iShares Short Treasury Bond ETF, listed on NASDAQ under the ticker SHV, is designed to track the performance of U.S. Treasury securities with a remaining maturity of one year or less. To achieve this, the fund will allocate at least 80% of its assets to the component securities of its underlying index, which is comprised of short-term U.S. Treasury obligations. Furthermore, the fund will invest a minimum of 90% of its assets in U.S. Treasury securities that are believed to closely track the underlying index, ensuring a high level of correlation with the index's performance.

In terms of its investment strategy, the fund focuses on the short end of the yield curve, targeting U.S. Treasury securities with a short remaining maturity. This approach is intended to provide investors with a low-risk investment option that can help to manage interest rate risk and maintain liquidity. The fund's underlying index is designed to measure the performance of publicly traded U.S. Treasury securities with a remaining maturity of less than or equal to one year, providing a benchmark for the fund's performance. With its domicile in the United States and an ISIN of US4642886794, the iShares Short Treasury Bond ETF is classified as an ultrashort bond ETF, offering investors a specific type of fixed income investment.

For more information about the iShares Short Treasury Bond ETF, investors can visit the company's website at http://www.ishares.com. The fund's classification as an ETF and its categorization as an ultrashort bond ETF reflect its investment objective and strategy, which are designed to provide investors with a specific type of fixed income investment. By tracking the performance of short-term U.S. Treasury securities, the fund offers investors a low-risk investment option that can help to manage interest rate risk and maintain liquidity in their portfolios.