GOVZ – iShares 25+ Year Treasury STRIPS Bd ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks to track the investment results of the ICE® BofA® Long U.S. Treasury Principal STRIPS Index composed of the principal payments of U.S. Treasury bonds (specifically principal “STRIPS”, also known as “Separate Trading of Registered Interest and Principal of Securities”) with remaining maturities of at least 25 years. The fund will invest at least 80% of its assets in the component securities of the index, and the fund will invest at least 90% of its assets in U.S. Treasury securities that BFA believes will help the fund track the index.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
GOVZ	iShares 25+ Year Treasury STRIPS Bond ETF	ETF	Open			Sep 22, 2020	$314.76M	0.100%	—	—	$62.55M

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