Global X Zero Coupon Bond 2033 ETF(AMEX:ZCBE)

ZCBE provides exposure to zero coupon US Treasury STRIPS scheduled to mature in 2033, offering defined maturity exposure linked to a specific calendar year. The fund tracks an index composed of Treasury STRIPS that represent the final principal payments of US Treasury securities maturing between January and November 2033. These securities do not make periodic interest payments and instead accrue value over time, with returns realized at maturity. Holdings are selected based on eligibility criteria such as dollar denomination, public float size, and maturity timing, and are generally held until maturity unless removed from the index. As bonds mature during the final year, the portfolio is expected to transition gradually into cash and cash equivalents, including Treasury bills and money market instruments. The fund is scheduled to terminate around November 30, 2033 at which point remaining net assets are expected to be distributed to shareholders through a liquidation process.