FlexShares iBoxx 3 Year Target Duration TIPS Index Fund
The FlexShares iBoxx 3 Year Target Duration TIPS Index Fund, trading under the ticker TDTT, is a specialized Exchange-Traded Fund (ETF) designed for investors seeking to mitigate inflation risk while maintaining a focus on investment-grade government securities. This ETF strategically targets the intermediate niche of the bond market, specifically concentrating on Treasury Inflation-Protected Securities (TIPS) with a targeted duration of approximately three years.
TDTT is tailored for those looking to preserve purchasing power in their fixed-income portfolios, as TIPS are uniquely structured to adjust their principal value in line with inflation, as measured by the Consumer Price Index (CPI). By concentrating on a three-year target duration, the fund strikes a balance between reducing interest rate sensitivity and capturing the inflation-adjusted returns that TIPS offer.
In the government and inflation-linked category, TDTT stands out for its disciplined approach to managing duration, offering a more predictable interest rate risk profile compared to longer-duration TIPS funds. This makes it an appealing choice for investors seeking to hedge against inflation while maintaining a commitment to high-quality, investment-grade securities. Whether you're a conservative investor looking to safeguard your portfolio against inflation or a strategic allocator aiming to enhance your fixed-income strategy, TDTT provides a compelling option that aligns with those objectives.
FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (TDTT) Fund Flow Chart
FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (TDTT) 1 year Net Flows: $503M
TDTT ETF FAQ
What was TDTT’s price range in the past 12 months?
TDTT lowest ETF price was $23.28 and its highest was $24.42 in the past 12 months.