Global X Intermediate-Term Treasury Ladder ETF (MLDR)

Global X Intermediate-Term Treasury Ladder ETF (MLDR) is an exchange-traded fund in the Intermediate Government category. It has $8.76M in assets, an expense ratio of 0.12% and a 3.76% dividend yield. The fund invests at least 80% of its total assets, plus borrowings for investment purposes (if any), in the securities of the index. The index is designed to measure the performance of a strategy commonly referred to as bond “laddering” as applied to public obligations of the U.S. Treasury that have maturities between 3 and 10 years as of the last business day of February of each year.