LBND - 3x Long 25+ Year Treasury Bond ETN Fact Sheet
LBND Tracks This Index: Deutsche Bank Long U.S. Treasury Bond Futures Index (300%)
Description: The index seeks to measure the performance of a long investment in Ultra T-Bond Futures. Ultra T-Bond Futures are futures contracts traded on the CBOT whose underlying assets are U.S. Treasury Bonds with a remaining term to maturity of not less than 25 years from the first day of the futures contract delivery month.
Description: The index seeks to measure the performance of a long investment in Ultra T-Bond Futures. Ultra T-Bond Futures are futures contracts traded on the CBOT whose underlying assets are U.S. Treasury Bonds with a remaining term to maturity of not less than 25 years from the first day of the futures contract delivery month.
- Issuer: Invesco PowerShares
- Expense Ratio: 0.95%
- ETFdb Category: Leveraged Bonds
- ETF Home Page: LBND
- Inception: 2010-06-28
Fact sheets are issued by the ETF provider and framed by ETFdb.com. Information contained within the fact sheet is not guaranteed to be timely or accurate.
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