On October 16, 2025, Burns Matteson Capital Administration, LLC disclosed a brand new place in iShares 7-10 12 months Treasury Bond ETF (IEF -0.28%), buying roughly $2.56 million in shares for the quarter ended September 30, 2025.
What Occurred
In response to a submitting with the Securities and Alternate Fee dated October 16, 2025, Burns Matteson Capital Administration, LLC reported a brand new stake in iShares 7-10 12 months Treasury Bond ETF, buying roughly 26,550 shares. The estimated worth of the transaction was $2.56 million. This marks the fund’s first reported holding in IEF, bringing its whole variety of reportable positions to 192.
What Else to Know
This can be a new place, representing 1.01% of the fund’s reportable property beneath administration on the finish of Q3 2025
Prime holdings after the submitting:
- GLW: $27.74 million (11.0% of AUM) on the finish of Q3 2025
- SPHQ: $16.17 million (6.4% of AUM) as of September 30, 2025
- COWZ: $10.89 million (4.3% of AUM) on the finish of Q3 2025
- IWY: $8.86 million (3.5% of AUM) as of September 30, 2025
- SCHD: $6.93 million (2.7% of AUM) as of September 30, 2025
As of October 15, 2025, shares of IEF had been priced at $97.10, up 1.0% over the previous 12 months and have underperformed the S&P 500 by 8.5 share factors throughout the identical interval.
IEF reported a trailing twelve-month dividend yield of three.7% as of October 16, 2025, and stood 0.1% beneath its 52-week excessive as of October 15, 2025.
Fund Overview
MetricValuePrice (as of market shut October 15, 2025)$97.10Dividend yield3.7percent1-year whole return1.0%
Fund Snapshot
The iShares 7-10 12 months Treasury Bond ETF (IEF) offers focused publicity to intermediate-term U.S. authorities bonds. With an asset base of $38.9 billion and an annualized dividend yield of three.7% (each as of October 16, 2025), the fund is designed to ship steady earnings and average rate of interest threat by replicating the efficiency of its benchmark index by way of a portfolio of high-quality U.S. Treasury securities.
Funding technique: Seeks to trace the efficiency of the ICE U.S. Treasury 7-10 12 months Bond Index, investing primarily in U.S. Treasury securities with maturities between seven and ten years.
Portfolio composition: Holds a diversified basket of U.S. Treasury bonds, with a minimum of 90% of property allotted to authorities securities matching the index standards.
Investor base: Serves each institutional and particular person buyers searching for intermediate-term U.S. authorities bond publicity.
Silly Take
Burns Matteson’s latest acquisition of about $2.6 million value of shares of the iShares 7-10 12 months Treasury Bond ETF (IEF) is a chance for common buyers to study extra about this ETF to find out whether or not there’s a place of their portfolio for it.
In short, the IEF is a fixed-income ETF, reasonably than a inventory ETF. Somewhat than investing in shares of public corporations, mounted earnings ETFs spend money on bonds, payments, and notes, from governments, municipalities, and firms. For mounted earnings ETFs, rates of interest, reasonably than company revenues or earnings, are the chief driver of valuation. As rates of interest fall, present bonds with greater coupon funds grow to be extra useful, driving up their worth. Equally, if rates of interest rise, present bonds can grow to be much less useful, pushing down their worth.
Additionally of nice significance to mounted earnings buyers is yield. Since bonds ship a daily cost to their holder, these funds are aggregated and paid out by fund managers. The IEF has a present dividend yield of three.7% — placing it in the identical vary as say, ExxonMobil, which pays an identical quantity within the type of dividends.
Nevertheless, since IEF holds bonds, reasonably than inventory, its yield is much extra constant, owing to the slower motion of bond costs and total stability inside the bond market.
For instance, year-to-date, IEF’s dividend yield has stayed inside a slender band starting from 3.58% to three.79%. In the meantime, ExxonMobil’s dividend yield has ping-ponged between a excessive of three.88% and a low of three.26%.
What this all means is that buyers who favor stability and certainty usually want bond ETFs which generate regular earnings and whose yields are sometimes extra predictable than inventory dividend funds.
To shut, this buy by Burns Matteson is solely sound portfolio administration by knowledgeable funding administration firm. Nevertheless, for the typical investor, fixed-income ETFs can play a job, too. Due to this fact, retail buyers might need to take a more in-depth take a look at iShares 7-10 12 months Treasury Bond ETF (IEF), if they’re available in the market for a fixed-income ETF.
Glossary
ETF (Alternate-Traded Fund): An funding fund traded on inventory exchanges, holding property like shares or bonds.
Property beneath administration (AUM): The overall market worth of property a fund or funding supervisor oversees on behalf of purchasers.
Dividend yield: Annual dividends paid by an funding, expressed as a share of its present worth.
Trailing twelve-month (TTM): The 12-month interval ending with the newest quarterly report.
Benchmark index: An ordinary in opposition to which the efficiency of a fund or portfolio is measured.
Portfolio composition: The breakdown of the kinds and proportions of property held in an funding portfolio.
Intermediate-term bonds: Bonds with maturities usually between 5 and ten years.
Reportable place: A holding in a safety that should be disclosed in regulatory filings because of its measurement or significance.
Dividend: A cost made by an organization or fund to its shareholders, normally from earnings.
Holdings: The person securities or property owned by a fund or portfolio.
Index replication: An funding technique aiming to match the efficiency of a selected index by holding related securities.
Rate of interest threat: The potential for funding losses because of fluctuations in prevailing rates of interest.
