Symbols

IAGG

iShares Core International Aggregate Bond ETF·CBOE

--(--)

Key Stats

Assets Under Management

11.78BUSD

Fund Flows (1Y)

4.76BUSD

Dividend Yield

3.28%

Discount/Premium to NAV

0.07%

Shares Outstanding

234.65M

Expense Ratio

0.07%

About iShares Core International Aggregate Bond ETF

Issuer

BlackRock Fund Advisors

Brand

iShares

Home Page

https://www.ishares.com/us/products/279626/ishares-international-aggregate-bond-etf

Inception Date

Nov 30, 2015

Structure

Open-Ended Fund

Index Tracked

Bloomberg Global Aggregate ex USD 10% Issuer Capped (Hedged) Index

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Ordinary income

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

BlackRock Fund Advisors

Distributor

BlackRock Investments LLC

IAGG provides broad exposure to investment-grade bonds from developed and emerging market issuers excluding the US. The portfolio's non-USD-denominated securities mitigates exposure to fluctuations between the value of the component currencies and the USD by hedging out foreign currency risk to the USD. It competes directly with Vanguard's hugely popular BNDX, which tracks a nearly identical index. The portfolio provides exposure to fixed-rate sovereign, government-related, corporate, and securitized bonds. The Index is market-value-weighted with a 10% cap on each issuer and undergoes monthly updates. The Index sells forward the total value of the underlying non-USD currencies at a one-month forward rate to hedge against fluctuations in the relative value of the non-USD component currencies in relation to the USD. The hedge is reset on a monthly basis.