LifeX 2035 Income Bucket ETF (LDDR)

The LifeX 2035 Income Bucket ETF belongs to the LifeX family of retirement income funds sponsored by Stone Ridge Asset Management. It is designed to pay out its assets over a defined period that ends in 2035.

The fund invests mainly in U.S. Treasury securities arranged so that interest and principal are distributed to shareholders on a regular schedule through its target year, after which the fund is expected to wind down. This gives retirees a way to set aside a pool of money, or bucket, for spending during a specific span of years. It trades on Cboe BZX.