Rhea-AI Summary
F/m Investments launched the F/m Long-Term Treasury Inflation-Protected Security ETF (Nasdaq: RTHY), focused exclusively on 30-year U.S. inflation-protected Treasury bonds.
The fund tracks the Bloomberg U.S. TIPS 25+ Year Equal Weight Index, which currently holds the five most recently issued 30-year Treasury Inflation-Protected Securities, or TIPS. These bonds have principal that adjusts for inflation. F/m said pairing RTHY with its ultrashort TIPS ETF (Nasdaq: RBIL) allows investors to combine inflation-linked exposure at both ends of the maturity range.
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FAQ
What is the current stock price of F/m Long-Term Treasury Inflation-Protected Security (TIPS) ETF (RTHY)?
F/m Long-Term Treasury Inflation-Protected Security (TIPS) ETF (RTHY) last closed at $51.4259.