US Treasury 7 Year Note ETF

Frequently Asked Questions About USVN

What does USVN invest in?

Under normal market conditions, The adviser seeks to achieve the fund’s investment objective by investing at least 80% of the fund’s net assets (plus any borrowings for investment purposes) in the component securities of the underlying index. The ICE BofA Current 7-Year US Treasury Index is a one-security index comprised of the most recently issued 7-year U.S. treasury note.

What is the expense ratio of USVN?

US Treasury 7 Year Note ETF (USVN) charges an expense ratio of 0.15%. This is the annual fee deducted from fund assets to cover management and operations.

What is USVN's dividend yield?

USVN's trailing-twelve-month yield is 4.14%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of USVN?

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

What is the credit quality of USVN?

USVN'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 USVN?

Yield to maturity (YTM) is the total return you'd earn from USVN if every bond in the portfolio is held to maturity at the current price. USVN'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.