Xtrackers II iBoxx Eurozone Government Bond Yield Plus 1-3 UCITS ETF (XYP1)

Xtrackers II iBoxx Eurozone Government Bond Yield Plus 1-3 UCITS ETF 1C is an exchange-traded fund that tracks the iBoxx EUR Sovereigns Eurozone Yield Plus 1-3 index. This index focuses on euro-denominated government bonds issued by the five highest-yielding countries within the Eurozone, selecting only investment-grade rated securities with maturities between 1 and 3 years and a minimum outstanding amount of EUR 2 billion per bond. The ETF employs a physical replication strategy through sampling, holding a representative selection of the index's constituents, primarily from countries like Italy, Spain, France, Portugal, and Ireland. As an accumulating fund, it reinvests interest income from bond coupons back into the portfolio, supporting long-term capital growth. Domiciled in Luxembourg and launched in 2013, the ETF provides investors with targeted exposure to short-term, higher-yielding Eurozone sovereign debt, emphasizing liquidity and credit quality in the fixed-income market. It serves as a specialized tool for portfolio diversification within the European government bond segment, balancing yield potential with controlled duration risk.