TLT - iShares 20+ Year Treasury Bond

The iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) is an exchange-traded fund that aims to track the performance of long-term U.S. Treasury securities. To achieve this, the fund invests at least 80% of its assets in the component securities of its underlying index, which is comprised of public obligations of the U.S. Treasury with a remaining maturity of twenty years or more.

This means that the fund's portfolio is heavily weighted towards high-quality, long-term government bonds, which are considered to be a relatively stable and low-risk investment. By investing in these securities, the fund seeks to provide investors with a steady stream of income and relatively low volatility, making it an attractive option for those seeking to diversify their portfolios and reduce overall risk.

The fund's investment strategy is designed to closely track the performance of its underlying index, which is made up of a diverse range of long-term U.S. Treasury securities. To achieve this, the fund's advisor invests at least 90% of its assets in U.S. Treasury securities that are expected to help the fund track the underlying index. This approach allows investors to gain exposure to the performance of long-term U.S. Treasury securities, while also benefiting from the diversification and liquidity that an ETF provides.

The fund is listed on the NASDAQ stock exchange under the ticker symbol TLT, and is managed by iShares, a leading provider of ETFs. For more information about the fund, investors can visit the iShares website at http://www.ishares.com. The fund is domiciled in the United States, which means that it is subject to U.S. regulations and laws.