The ProShares Short 7-10 Year Treasury ETF (TBX) offers investors a strategic tool for managing interest rate risk and enhancing portfolio diversification. Classified under the Government category, this ETF specifically targets the Treasury market, with a focus on Investment Grade securities. Its niche lies in the Intermediate segment of the yield curve, providing exposure to 7-10 year U.S. Treasury bonds. Unlike traditional long Treasury funds, TBX is designed to deliver inverse performance to its underlying index, allowing investors to potentially benefit from rising interest rates as bond prices typically fall. This makes it an effective hedge for portfolios sensitive to interest rate fluctuations. With TBX, investors can tactically position themselves to navigate the complexities of the fixed-income market while maintaining a high credit quality investment stance.
Asset Class
Fixed Income
Region
North America
Issuer
ProShares
Index Tracked
ICE BofA US Treasury (7-10 Y)
Ticker Symbol
TBX
ProShares Short 7-10 Year Treasury (TBX) Fund Flow Chart
ProShares Short 7-10 Year Treasury (TBX) 1 year Net Flows: 1M
TBX ETF FAQ
What was TBX’s price range in the past 12 months?
TBX lowest ETF price was 28.01 and its highest was 30.52 in the past 12 months.
What is the AUM of TBX?
As of Jan 28, 2025 The AUM of TBX is 15.25M.
Is TBX overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does TBX pay dividends?
TBX pays a Quarterly dividend of 1.019 which represents an annual dividend yield of 6.57%. See more information on TBX dividends here
How many shares outstanding does TBX have?
TBX has 525,000 shares outstanding.
Which hedge fund is a major shareholder of TBX?
Currently, no hedge funds are holding shares in TBX