PIMCO 1-5 Year U.S. TIPS Index ETF
 (STPZ)

- NYSEARCA
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STPZ Description
The PIMCO 1-5 Year U.S. TIPS Index Fund is the only exchange-traded fund (ETF) designed to capture, before fees and expenses, the returns of the shorter maturity subset of the Treasury Inflation-Protected Securities (TIPS) market by tracking The BofA Merrill Lynch 1-5 Year US Inflation-Linked Treasury IndexSM. The Fund aims to achieve the real return (above inflation), capital preservation, and low volatility level inherent in short maturity TIPS. The tracked index may exhibit higher correlation to inflation than a broad TIPS index due to lower interest rate sensitivity.
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Country: United States
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