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iShares Core International Aggregate Bond ETF

IAGG·CBOE
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Key Stats

Assets Under Management
13.06BUSD
Fund Flow (1Y)
6.21BUSD
Dividend Yield
3.67%
Discount / Premium to NAV
0.12%
Shares Outstanding
261.35M
Expense Ratio
0.07%

About iShares Core International Aggregate Bond ETF

Issuer
BlackRock Fund Advisors
Brand
iShares
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.

Classification

Asset Class
Fixed Income
Category
Broad Market, Broad-based
Focus
Investment Grade
Niche
Broad Maturities
Strategy
Vanilla
Geography
Developed Markets
Weighting Scheme
Market Value
Selection Criteria
Market value

Analysis

Asset

Holdings

Symbol

Ratio

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CHINA PEOPLES REPUBLIC OF (GOVERNM

0.71%
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CHINA DEVELOPMENT BANK

0.47%
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GERMANY (FEDERAL REPUBLIC OF) RegS

0.38%
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USD CASH

0.32%
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UK CONV GILT RegS

0.31%

Symbol

Ratio

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AGRICULTURAL DEVELOPMENT BANK OF C

0.26%
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FRANCE (REPUBLIC OF) RegS

0.25%
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BLK CSH FND TREASURY SL AGENCY

0.22%
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BELGIUM KINGDOM OF (GOVERNMENT)

0.21%
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EXPORTIMPORT BANK OF CHINA

0.19%

Top 10 Weight 3.32%

2478 Total Holding

See all holdings

Related Funds

Seasonals

Volume Profile

Trade Flow Insight

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