PortfolioMetrics

SBND

- Columbia Short Duration Bond ETF

Key Information

Earliest date2021-09-24
ExchangeNYSE
Instrument TypeETF
MIC CodeXASE
CountryUnited States

ETF Information

Fund ProviderAmeriprise Financial
IndexBloomberg Beta Advantage Short Term Bond (--300%)
Expense Ratio0.25%
Inception Date2021-09-21
Asset ClassBonds
CurrencyUSD
ListingUS-listed
SectorFinancials
Bond TypeGovernment Bonds
Non-leveragedLeveraged

About SBND

The Columbia Short Duration Bond ETF (SBND) is a leveraged bond fund that provides -3x short exposure to the broad-based Deutsche Bank Long U.S. Treasury Bond Futures Index. It is designed for sophisticated investors with a bearish short-term outlook for U.S. long-term treasuries, offering a powerful tool for those who understand the risks and complexities of leveraged debt investments.