iShares Trust - iShares 1-10 Year Treasury Bond ETF

Frequently Asked Questions About GOVM

What does GOVM invest in?

GOVM seeks to replicate the performance of an index of fixed-rate US Treasury securities with remaining maturities between one to ten years. The index is market value weighted and rebalanced monthly. The ETF does not attempt to outperform its benchmark but rather aims to deliver consistent index-level returns while keeping portfolio turnover and costs low. The fund is managed using a representative sampling strategy. Performance is tracked before the deduction of fees and expenses. Up to 10% of assets may be allocated to futures, options, and swap contracts to assist in index tracking. The fund may also lend securities of up to one-third of its total assets.

What is the expense ratio of GOVM?

iShares Trust - iShares 1-10 Year Treasury Bond ETF (GOVM) charges an expense ratio of 0.05%. This is the annual fee deducted from fund assets to cover management and operations.

What is GOVM's dividend yield?

GOVM's trailing-twelve-month yield is 1.54%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of GOVM?

Effective duration measures GOVM's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. GOVM's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of GOVM?

GOVM's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of GOVM?

Yield to maturity (YTM) is the total return you'd earn from GOVM if every bond in the portfolio is held to maturity at the current price. GOVM's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.