IEI: iShares Barclays 3-7 Year Treasury ETF ( IEI) tracks the Barclays Capital U.S. 3-7 Year Treasury Bond Index and was launched May 2007. Generally speaking, this sector, given rollover of assets and reinvestment, would follow 5-year Treasury auctions.

AUM is $1.5 billion with average daily trading volume of 133,000 shares, the current yield is around 2%, the 1-year rate of return has been 5.53% and the expense ratio is .15%.

A competitive issue is from PIMCO's FIVZ (BoA Merrill Lynch 3-7 Year U.S. Treasury ETF) which was issued October 2010 and has the same expense ratio of .15%, the current yield is 2%, AUM equals $20 million and average daily trading volume is under 4,000 shares. The 1-year return has been 4.95%.

Data as of May 2011

IEI Top Ten Holdings & Weightings

  1. US Treasury Note 1.75%: 6.61%
  2. US Treasury Note 2.75%: 6.48%
  3. US Treasury Note 3.125%: 6.36%
  4. US Treasury Note 2.625%: 5.61%
  5. US Treasury Note 3.25%: 5.57%
  6. US Treasury Note 3.125%: 5.52%
  7. US Treasury Note 2.75%: 4.37%
  8. US Treasury Note 4.25%: 3.79%
  9. US Treasury Note 2.625%: 3.72%
  10. US Treasury Note 2.625%: 3.55%

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