PIMCO recently launched the PIMCO Broad U.S. Treasury Index Fund (TRSY) to offer investors exposure to the broad U.S. Treasury yield curve via an Exchange Traded Fund.

TRSY aims to achieve the yield, duration and capital preservation inherent in the BofA Merrill Lynch Liquid US Treasury Index.  The liquid basket includes the three most recently issued 2-year, 3-year, 5-year, 7-year, 10-year, and 30-year U.S. Treasury notes and bonds including “on-the-run issues,” or those securities most recently issued.

PIMCO designed TRSY as a single ETF providing exposure to the broad U.S. Treasury yield curve and seeks to be a convenient and efficient alternative to investing in individual U.S. Treasury securities according to the firm.