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ITRAX

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1d
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1m

Analysis and statistics

  • Open
    24.5116$
  • Previous Close
    24.5116$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

The iShares Treasury Floating Rate Bond ETF (ITRAX.US) is an exchange-traded fund that aims to track the investment results of an index composed of U.S. Treasury floating rate bonds. These bonds offer interest payments that adjust periodically based on changes in a benchmark interest rate, typically a short-term Treasury rate. This feature makes ITRAX potentially less sensitive to interest rate fluctuations compared to fixed-rate bonds, as its yield adjusts with prevailing rates. Investors often use ITRAX to manage interest rate risk or to potentially benefit from rising interest rate environments within their fixed income portfolios.
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Factors

Market Sentiment: Overall investor confidence impacts fund demand.

Interest Rates: Higher rates can decrease bond values.

Credit Spreads: Widening spreads lower fund prices.

Liquidity: Lower liquidity leads to price volatility.

Fund Flows: Outflows can force asset sales.

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