iShares 0-3 Month Treasury Bond ETF (SGOVX) price

SGOVX tracks iShares 0-3 Month Treasury Bond ETF, a fund that holds bonds, Treasury securities, or loans and pays out the income they generate. Its price moves with interest rates and, for corporate debt and loans, with the credit quality of the borrowers.

Funds holding short-dated debt tend to move little when rates change, while funds holding long-dated bonds can swing sharply. Distributions from the fund are usually reflected in the token rather than paid in cash.

iShares 0-3 Month Treasury (SGOVX) is issued by xStocks and trades on the Solana blockchain. iShares 0-3 Month Treasury is verified on Solana's token registry. This page tracks its live price, chart and market data from the Solflare wallet.

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SGOVX contract address

XsYD72ntjj7ZwoFDZCDmN2gamTcLpnywqvG7PQN5vCN

Ticker

SGOVX

Issuer

xStocks

Status

Verified

SGOVX is issued by Backed Finance. Backed Finance issues xStocks through Backed Assets (JE) Limited, which holds the underlying securities with custodians and handles minting and redemption for eligible clients.

What you hold is the token, not the underlying asset. SGOVX tracks the price of iShares 0-3 Month Treasury Bond ETF, but it doesn't give you shareholder rights or a direct claim on the underlying holdings. Minting and redemption are handled by Backed Finance for eligible clients under its own terms. Solflare is a self-custody wallet for holding and swapping SGOVX, and it does not issue, back, or custody the token.

The price of SGOVX on Solana is set by on-chain trading. Where liquidity is deep, it tends to stay close to the underlying price. Where liquidity is thin, a small swap can move the price and the gap to the underlying can widen.

When the underlying fund pays a distribution, Backed Finance folds it into the token instead of paying it out, so each SGOVX comes to represent slightly more of the fund over time while the number of tokens in your wallet stays the same.

SGOVX can be swapped on Solana at any hour, but the fund it tracks trades only during US market hours. Outside those hours there's no live fund price, so the price of SGOVX comes from on-chain trading alone and can drift from the fund's last close.

The scaling factor for SGOVX is 1.0170. It rises as the underlying fund's distributions are folded into the token, so each token represents slightly more of the fund over time while your token count stays the same. Read the factor as accumulated distributions, not as a price change.

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