The fund invests in Treasuries of various maturities directly or through other exchange-traded funds that invest in Treasuries. The "option strategies" used by the fund are structured to limit the loss to the fund and include long options, long spreads and butterflies and are cash settled and tied to an index referencing the shape of the U.S. SOFR interest rate curve. The fund is non-diversified.
Frequently asked questions
What is the Quadratic Deflation ETF (BNDD) expense ratio?
The Quadratic Deflation ETF funds expense ratio is 1.04%.
What is Quadratic Deflation ETF (BNDD) current stock price?
As of the latest data, Quadratic Deflation ETF stock price is $97.82, with a previous close of $97.65. Quadratic Deflation ETF gained $0.17 in the last trading session, representing a 0.18% increase.
Does Quadratic Deflation ETF (BNDD) pay dividends?
Yes. Quadratic Deflation ETF pays monthly dividends with an annualized yield of 3.62% and an estimated annual payout of $3.54 per share.