MLDR was created on 2024-09-09 by Global X. The fund's investment portfolio concentrates primarily on investment grade fixed income. The ETF currently has 8.72m in AUM and 62 holdings. MLDR tracks an index comprised of US Treasury bonds maturing in 3 to 10 years, employing a bond laddering strategy. By rotating investments annually between seven maturity groups, the fund seeks to provide steady yield and manage interest rate risk, focusing on medium-term government bonds.