US Treasury 10 Year Note ETF
UTEN
NASDAQ Global Market- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 85 Broad Street, 17th Floor New York NY United States of America 10004
- IPO Date
- Aug 9, 2022
- Website
- fminvest.com
- Similar Companies
- Business
- F/m US Treasury 10 Year Note ETF (UTEN), issued by The RBB Fund, Inc. and managed by F/m Investments LLC, is a passively managed exchange-traded fund that seeks investment results corresponding to the price and yield performance of the ICE BofA Current 10-Year US Treasury Index. The fund invests at least 80% of its net assets in the most recently issued, on-the-run 10-year US Treasury note, providing targeted exposure to the 10-year tenor on the US Treasury yield curve; it aims to deliver monthly dividend payments with minimized transaction costs from rolling positions and potential tax efficiencies inherent to the ETF structure. UTEN forms part of F/m Investments' US Benchmark Series, which offers efficient, liquid ETF access to specific points along the US Treasury yield curve, from 3-month bills to 30-year bonds, alongside complementary series including US Credit Series investment-grade corporate bond ETFs, inflation-protected TIPS ETFs such as the recently launched RBIL F/m Ultrashort Treasury Inflation-Protected Security ETF, high yield offerings like ZTOP F/m High Yield 100 ETF, and active strategies such as XFIX F/m Opportunistic Income ETF. UTEN targets financial advisors, institutions, pensions, endowments, and individual investors seeking precise fixed income exposure backed by the full faith and credit of the US government, operating exclusively within US markets. Launched on August 9, 2022, the ETF is domiciled in the United States and trades on Nasdaq, with portfolio management led by Peter Baden and Alexander Morris since inception, joined by Marcin Zdunek in December 2022. F/m Investments LLC, the fund's adviser headquartered at 3050 K Street NW in Washington, DC, manages over $18 billion in total assets across more than 40 strategies in ETFs, separately managed accounts, and mutual funds, with additional offices in Boston, Chicago, Milwaukee, and St. Louis. The firm, an SEC-registered investment adviser, has expanded its ETF lineup significantly in the last two years, including the January 2024 launch of the US Credit Series (ZTWO, ZTRE, ZTEN), the September 2023 debut of XFIX, the October 2024 launch of LFSC F/m Emerald Life Sciences Innovation ETF, and 2025 introductions such as RBIL in February and ZTOP in April, alongside the innovative Compoundr Series ETFs designed to mitigate dividend tax drag. In December 2025, F/m Investments received its second consecutive ThinkAdvisor Luminaries Award for innovation in fixed income solutions, highlighting these new product developments amid steady institutional ownership growth for UTEN from shareholders including Equitable Holdings, Morgan Stanley, and LPL Financial.