INC’s weighted average maturity is 6.61 years with a duration of just 3.9 years, a positive trait at a time when investors are looking for lower duration fixed income ideas.
INC’s heavy exposure to government bonds ensures credit quality is not an issue for the fund as almost 39% of its holdings carry AAA ratings. A and AA-rated issues combine for 38% of INC’s weight, according to issuer data.
INC charges just 0.25% per year, which is lower among both actively managed and smart beta ETFs.
iShares U.S. Fixed Income Balanced Risk ETF
