UTEN offers reasonable expense ratios compared to similar-duration Treasury ETFs. There are several countervailing factors in the debate around duration. We think the clincher is whether the consumer will absorb outstanding tariff-driven price increases in final goods. Stable employment figures signal that they might, though concerns around flows out of the labour pool due to discouragement suggest the opposite.
UTEN offers hands-off exposure to 10-year Treasury Notes with a 0.15% expense ratio and a 4.52% 30-day SEC yield. Investors should monitor monetary policy, inflation data, economic growth, and geopolitical tensions due to UTEN's 7.91-year effective duration. Because of the current inflation progress and the outlook for yields, long-term Treasury exposure is not warranted.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Woodard & Co Asset Management Woodard & Co Asset Management Group Inc. | 594,825 | $25.93M | $25.52M | -$416,377.5 | -1.61% |
Jeff Ameen Spire Wealth Management | 547 | $24,095.35 | $23,403.56 | -$691.79 | -2.87% |
Mark Fiskio Empirical Asset Management LLC | 16,137 | $713,578.14 | $690,663.6 | -$22,914.54 | -3.21% |
| RS Rebecca Stapp Stapp Wealth Management, Pllc | 14,825 | $653,041.25 | $634,213.5 | -$18,827.75 | -2.88% |
Christopher C. Powers Farther Finance Advisors, LLC | 28,024 | $1.24M | $1.2M | -$36,571.6 | -2.95% |
| NASDAQ (NMS) Exchange | US Country |
The described company is an investment advisory firm that specializes in managing funds with a focus on the United States Treasury notes, specifically the 10-year issuances. It operates by maintaining a strict investment strategy that dedicates at least 80% of its net assets, alongside any borrowed funds for investing purposes, to the securities that constitute the index it tracks. This index is unique in that it is comprised of a singular security, being the latest 10-year US Treasury note available. The firm's approach under normal market conditions is designed to adhere closely to the performance of this index, reflecting a conservative investment philosophy with an emphasis on government bonds.
This service entails the strategic allocation of funds into securities, primarily focusing on the most recently issued 10-year US Treasury note. By investing at least 80% of its assets in these securities, the firm aims to mirror the performance of the designated one-security index, thereby targeting the specific economic stability and predictable returns associated with US government bonds.