iPath US Treasury 5 Year Bull ETN (DFVL): Price and Financial Metrics ETF

iPath US Treasury 5 Year Bull ETN (DFVL) ETF Bio

The investment objective of the iPath US TREASURY 5-YR BULL is to provide investors with exposure to the Barclays 5Y US Treasury Futures Targeted Exposure Index. The Barclays 5Y US Treasury Futures Targeted Exposure Index is designed to decrease in response to an increase in the 5-year Treasury note yields and to increase in response to a decrease in 5-year Treasury note yields. The Index targets a fixed level of sensitivity to changes in the yield of the current "cheapest-to-deliver” note underlying the relevant 5-year Treasury futures contract at a given point in time. The Index seeks to achieve its target sensitivity through the allocation of a weighting to the relevant 5-year Treasury futures contract, as traded on the Chicago Board of Trade, underlying the Index.