TFRN
WisdomTree USD Floating Rate Treasury Bond UCITS ETF - USD Acc
The WisdomTree USD Floating Rate Treasury Bond UCITS ETF (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the Bloomberg Barclays U.S. Treasury Floating Rate Bond Index. Learn more about the Index that TFRN is designed to track.
- Diversified exposure to the newly issued US government floating rate notes (first issuance in January 2014)
- The yield of FRNs is expected to better reflect the changes in US short term interest rates
- Reduce corporate credit risk and gain exposure to US government backed coupons
- Lower duration exposure using US Treasury FRNs
- Physically replicated, and UCITS compliant
RISK WARNING
The price of any Shares or the value of an investment in ETPs may go up or down and an investor may not get back the amount invested. Past performance is not a reliable indicator of future performance. This material is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any financial instrument or product or to adopt any investment strategy.
| Fund Overview | |
|---|---|
| Asset Class | Fixed Income |
| Use of Income | Accumulating |
| Base Currency | USD |
| Inception Date | 21 Mar 2019 |
| Dividend Frequency | N/A |
| Exchange Ticker | TFRN |
| Index Name | Bloomberg Barclays US Treasury Floating Rate Bond Index |
| TER | 0.15% |
| Portfolio Characteristics | As of 10 Dec 2019 |
|---|---|
| Weighted Average Coupon | 1.67 |
| Average Years To Maturity | 1.01 |
| Effective Duration (As of 10 Dec 2019) | 0.02 |
| Average Yield To Maturity (As of 10 Dec 2019) | 1.66% |
| Distribution Yield | 2.35% |
| Yield To Worst | 1.66% |
| Structure | |
|---|---|
| Replication Method | Physical, Fully Replicated |
| Legal Form | Plc |
| Fund Umbrella | WisdomTree Issuer Plc |
| Domicile | Ireland |
| Structure | Open-ended Exchange Traded Fund |
| Financial Year End | 31 December |
| UCITS Compliant | Compliant |
| Further Legal and Tax Information | |
|---|---|
| ISA | Eligible |
| SIPP | Eligible |
| Key Service Providers | |
|---|---|
| Custodian | State Street Custodial Services (Ireland) Limited |
| Administrator | State Street Fund Services (Ireland) Limited |
| Fund Manager | Irish Life Investment Managers |
| Trustee | State Street Custodial Services (Ireland) Limited |
| Auditor | Ernst & Young Ireland |
Listings & Codes
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Holdings
Issuer Breakdown
Country Allocation
| Country Allocation | |
|---|---|
| Country |
As of 10 Dec 2019
Weight
|
| 1. United States | 100.00% |
Asset Classification
| Asset Classification | |
|---|---|
| Asset Group |
As of 10 Dec 2019
Asset Group Weight
|
| 1. Treasury | 99.72% |
| 2. Cash | 0.28% |
Quality
| Quality | |
|---|---|
| Name |
As of 10 Dec 2019
Weight
|
| 1. AAA | 100.00% |
* Subject to change without notice
Recent Distributions
| Index Details |
|---|
Index Details
| Index Details | |
|---|---|
| Index Name | Bloomberg Barclays US Treasury Floating Rate Bond Index |
| Currency | USD |
| Index Provider | Bloomberg |
| Bloomberg Ticker | BTFLTRUU |
| Leverage Factor | N/A |
| Documents and Links |
|---|
|
Bloomberg Barclays US Treasury Floating Rate Bond Index methodology |
DISCLAIMERS
“WisdomTree” is a registered trademark of WisdomTree Investments, Inc. Neither the Company, the Manager, the Investment Manager, WisdomTree nor their affiliates guarantee the accuracy or the completeness of the Index or any data included therein and shall have no liability for any errors, omissions or interruptions therein. Such parties make no warranty, express or implied, to the owners of Shares of the Fund or to any other person or entity, as to results to be obtained by the Fund from the use of the Index or any data included therein. Without limiting any of the foregoing, in no event shall such parties have any liability for any special, punitive, direct, indirect or consequential damages (including lost profits), even if notified of the possibility of such damages.
The Company is required to provide details of WisdomTree’s website to enable Shareholders to obtain further details of the Index (including its constituents). Neither the Company, the Manager nor the Investment Manager has any responsibility for the contents of such website and are not involved in any way in sponsoring, endorsing or otherwise involved in the establishment, maintenance or contents of the website.
BLOOMBERG® is a trademark and service mark of Bloomberg Finance L.P. and its affiliates (collectively “Bloomberg”). BARCLAYS®is a trademark and service mark of Barclays Bank Plc (collectively with its affiliates, “Barclays”), used under license. Bloomberg or Bloomberg’s licensors, including Barclays, own all proprietary rights in the Bloomberg Barclays Indices. Neither Bloomberg nor Barclays is affiliated with WisdomTree Investments Inc, and neither approves, endorses, reviews or recommends the WisdomTree USD Floating Rate Treasury Bond UCITS ETF(the “Fund”). Neither Bloomberg nor Barclays guarantees the timeliness, accurateness or completeness of any data or information relating to the Bloomberg Barclays US Treasury Floating Rate Bond Index (the “Index”),and neither shall be liable in any way to WT Issuer, investors in the Fund or other third parties in respect of the use or accuracy of the Index or any data included therein.