NASDAQ:LDRI
Delisted
PowerShares LadderRite 0-5 Year ETF Company Profile
$24.91
+0 (+0%)
At Close: Apr 15, 2020
Information
800-983-0903
Description
The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the NASDAQ LadderRite® 0-5 Year USD Corporate Bond Index (the "underlying index"). The fund generally will invest at least 80% of its total assets in U.S. and foreign investment grade corporate bonds that comprise the underlying index. The underlying index measures potential returns of a theoretical portfolio of fixed income securities with a yield curve based upon remaining effective terms to maturity of five years or less. The fund is non-diversified.